HS Icon Jewellery

7113 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Jewellery. In 2020, Jewellery were the world's 41st most traded product, with a total trade of $65B. Between 2019 and 2020 the exports of Jewellery decreased by -33.1%, from $97.1B to $65B. Trade in Jewellery represent 0.39% of total world trade.

Jewellery are a part of Precious metals, gems and jewelry. They include Jewellery and parts of precious metal except silver, Jewellery and parts, silver, including plated silver, and Jewellery, parts, base metal clad with precious metal.

Exports In 2020 the top exporters of Jewellery  were China ($7.66B), India ($7.57B), Switzerland ($6.9B), Italy ($5.38B), and United Arab Emirates ($5.38B).

Imports In 2020 the top importers of Jewellery were Hong Kong ($13.1B), Switzerland ($7.83B), United States ($7.81B), United Arab Emirates ($5.7B), and United Kingdom ($3.4B).

Tariffs In 2018 the average tariff for Jewellery was 13.2%, making it the 253rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Jewellery are Barbados (55.3%), Guyana (54.6%), Angola (50%), and Belize (46.3%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Singapore (0%), and Taiwan (0%).

Ranking Jewellery ranks 681st 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.

View
Flow
Y-AXIS SCALE

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.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): China, $7.66B

Top Destination (2020): Hong Kong, $13.1B

Jewellery are the world's 41st most traded product.

In 2020, the top exporters of Jewellery were China ($7.66B), India ($7.57B), Switzerland ($6.9B), Italy ($5.38B), and United Arab Emirates ($5.38B).

In 2020, the top importers of Jewellery were Hong Kong ($13.1B), Switzerland ($7.83B), United States ($7.81B), United Arab Emirates ($5.7B), and United Kingdom ($3.4B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): Ireland, $489M

Top Destination Growth (2019 - 2020): China, $603M

Between 2019 and 2020, the exports of Jewellery grew the fastest in Ireland ($489M), China ($474M), Qatar ($161M), Netherlands ($80.1M), and Lebanon ($79.5M).

Between 2019 and 2020, the fastest growing importers of Jewellery were China ($603M), Ireland ($310M), Netherlands ($98.1M), Egypt ($79.5M), and South Africa ($73.9M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Jewellery are explained by 19 countries.

Explore Visualizations

TOP NET EXPORTER (2020): India, $7.16B

TOP NET IMPORTER (2020): Hong Kong, $10.4B

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 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Jewellery were India ($7.16B), China ($5.27B), Italy ($4.11B), Turkey ($2.88B), and Thailand ($2.3B).

In 2020, the countries that had a largest trade value in imports than in exports of Jewellery were Hong Kong ($10.4B), United States ($2.89B), Iraq ($1.43B), United Kingdom ($1.23B), and Switzerland ($928M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Jewellery, disaggragated by their HS6 level were Jewellery and parts of precious metal... ($57.7B), Jewellery and parts, silver, including plated... ($7.05B), and Jewellery, parts, base metal clad with... ($228M)

Country Comparison

#permalink to section
Flow
Measure
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.

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Jewellery was 13.2%. The countries with the highest tariffs for importing Jewellery were Barbados (55.3%), Guyana (54.6%), Angola (50%), and Belize (46.3%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.

Country by Relatedness

#permalink to section

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.