Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

71 (Harmonized System 1992 for 2-digit)

About

Overview This page contains the latest trade data of Precious stones, metals, & pearls. In 2021, Precious stones, metals, & pearls were the world's 5th most traded product, with a total trade of $830B. Between 2020 and 2021 the exports of Precious stones, metals, & pearls grew by 18%, from $704B to $830B. Trade in Precious stones, metals, & pearls represent 3.95% of total world trade.

Precious stones, metals, & pearls are a part of Precious Metals. They include Gold, Diamonds, Jewellery, Platinum, Silver, Precious Metal Scraps, Precious Stones, Imitation Jewellery, Other Precious Metal Products, and Metal-Clad Products, among others.

Exports In 2021 the top exporters of Precious stones, metals, & pearls  were Switzerland ($104B), United States ($69.8B), United Arab Emirates ($55.4B), South Africa ($52.4B), and United Kingdom ($50.6B).

Imports In 2021 the top importers of Precious stones, metals, & pearls were Switzerland ($102B), India ($89.6B), United States ($84.3B), United Kingdom ($82.2B), and Hong Kong ($75.1B).

Ranking Precious stones, metals, & pearls ranks 95th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Precious stones, metals, & pearls. 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.

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Historical Data

Exporters and Importers

Top Origin (2021)Switzerland$104B
Top Destination (2021)Switzerland$102B

In 2021 Precious stones, metals, & pearls were the world's 5th most traded product (out of 96).

In 2021, the top exporters of Precious stones, metals, & pearls were Switzerland ($104B), United States ($69.8B), United Arab Emirates ($55.4B), South Africa ($52.4B), and United Kingdom ($50.6B).

In 2021, the top importers of Precious stones, metals, & pearls were Switzerland ($102B), India ($89.6B), United States ($84.3B), United Kingdom ($82.2B), and Hong Kong ($75.1B).

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Exporters of Precious stones, metals, & pearls (2021)
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Importers of Precious stones, metals, & pearls (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Switzerland$22.5B
Top Destination Growth (2020 -  2021)India$48.7B

Between 2020 and 2021, the exports of Precious stones, metals, & pearls grew the fastest in Switzerland ($22.5B), United States ($22.1B), South Africa ($20.7B), United Kingdom ($16.3B), and India ($14.6B).

Between 2020 and 2021, the fastest growing importers of Precious stones, metals, & pearls were India ($48.7B), China ($32B), United Arab Emirates ($16.2B), Hong Kong ($15.2B), and Cambodia ($9.47B).

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Exporters of Precious stones, metals, & pearls (2020 - 2021)

Importers of Precious stones, metals, & pearls (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Precious stones, metals, & pearls.

In 2021, market concentration measured using Shannon Entropy, was 5.14. This means that most of the exports of Precious stones, metals, & pearls are explained by 35 countries.

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Value of Exports in Precious stones, metals, & pearls

Net Trade

TOP NET EXPORTER (2021)South Africa$49.5B
TOP NET IMPORTER (2021)India$49B

This map shows which countries export or import more of Precious stones, metals, & pearls. Each country is colored based on the difference in exports and imports of Precious stones, metals, & pearls during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Precious stones, metals, & pearls were South Africa ($49.5B), Russia ($36.1B), Australia ($11.2B), Mali ($9.01B), and Peru ($8.06B).

In 2021, the countries that had a largest trade value in imports than in exports of Precious stones, metals, & pearls were India ($49B), Hong Kong ($43.6B), United Kingdom ($31.6B), China ($27.3B), and United Arab Emirates ($15.2B).

Net Trade (2021)

Disaggregation

Value
Disaggregation

In 2021, the world most traded Precious stones, metals, & pearls, disaggragated by their HS6 level were Gold ($434B), Diamonds ($114B), Jewellery ($93.5B), Platinum ($90.5B), and Silver ($37.3B)

HS6 Disaggregation for Precious stones, metals, & pearls (2021)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Precious stones, metals, & pearls by percentage of total exports

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 (2021)

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