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Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal

7113 (Harmonized System 1992 for 4-digit)

2022
World Trade $112BRnk 28 / 1218
2022
Top Exporter | Top Importer $13.9B | $21.1BChina | Hong Kong
2022
Product Complexity -0.42Rnk 689 / 1033
2021 - 2022
Export Growth (CAGR) 20.4%Rnk 170 / 1218
2022
Share of World Trade 0.47%Rnk 28 / 1218

About

Overview This page contains the latest trade data of Jewellery. In 2022, Jewellery were the world's 28th most traded product, with a total trade of $112B. Between 2021 and 2022 the exports of Jewellery grew by 20.4%, from $93.4B to $112B. Trade in Jewellery represent 0.47% of total world trade.

Jewellery are a part of Precious stones, metals, & pearls. They include Jewelry & Parts of Precious Metals (Excl. Silver), Jewellery and parts, silver, including plated silver, and Jewellery, parts, base metal clad with precious metal.

Exports In 2022 the top exporters of Jewellery  were China ($13.9B), India ($12.6B), Switzerland ($11.8B), United Arab Emirates ($10.8B), and Italy ($9.68B).

Imports In 2022 the top importers of Jewellery were Hong Kong ($21.1B), United States ($15.6B), United Arab Emirates ($11B), Switzerland ($8.84B), and France ($4.96B).

Ranking Jewellery ranks 689th in the Product Complexity Index (PCI).

Description Jewellery is a product that is used to decorate the body. Jewellery can be made from many different materials, including gold, silver, and platinum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Jewellery. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$13.9B
Top Destination (2022)Hong Kong$21.1B

In 2022 Jewellery were the world's 28th most traded product (out of 1,218).

In 2022, the top exporters of Jewellery were China ($13.9B), India ($12.6B), Switzerland ($11.8B), United Arab Emirates ($10.8B), and Italy ($9.68B).

In 2022, the top importers of Jewellery were Hong Kong ($21.1B), United States ($15.6B), United Arab Emirates ($11B), Switzerland ($8.84B), and France ($4.96B).

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Exporters of Jewellery (2022)
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Importers of Jewellery (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$3.35B
Top Destination Growth (2021 -  2022)Hong Kong$2.67B

Between 2021 and 2022, the exports of Jewellery grew the fastest in United Arab Emirates ($3.35B), Switzerland ($2.44B), United States ($2.07B), China ($2.04B), and India ($1.84B).

Between 2021 and 2022, the fastest growing importers of Jewellery were Hong Kong ($2.67B), United States ($2.28B), United Arab Emirates ($1.96B), Kuwait ($1.92B), and Singapore ($1.52B).

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Exporters of Jewellery (2021 - 2022)

Importers of Jewellery (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Jewellery.

In 2022, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Jewellery are explained by 18 countries.

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Value of Exports in Jewellery

Net Trade

TOP NET EXPORTER (2022)India$11.5B
TOP NET IMPORTER (2022)Hong Kong$17.2B

This map shows which countries export or import more of Jewellery. Each country is colored based on the difference in exports and imports of Jewellery during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Jewellery were India ($11.5B), China ($10.9B), Italy ($7.7B), Turkey ($6.85B), and Thailand ($3.6B).

In 2022, the countries that had a largest trade value in imports than in exports of Jewellery were Hong Kong ($17.2B), United States ($6.91B), Iraq ($3B), Kuwait ($2.84B), and Qatar ($1.96B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Jewellery, disaggragated by their HS6 level were Jewelry & Parts of Precious Metals... ($102B), Jewellery and parts, silver, including plated... ($10B), and Jewellery, parts, base metal clad with... ($791M)

HS6 Disaggregation for Jewellery (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Jewellery.
It is possible to select the main countries that export or import Jewellery in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Jewellery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $484M
TOP IMPORT POTENTIALHong Kong+ $151M

Jewellery’s highest export potential is United States. With an export gap of $484M.  Jewellery’s highest import potential is Hong Kong with an import gap of $151M.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Jewellery.

Country by Relatedness

The following visualization shows the relatedness of Jewellery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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