710391 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Rubies, sapphires and emeralds worked but not set. In 2021, Rubies, sapphires and emeralds worked but not set were the world's 842nd most traded product, with a total trade of $4.23B. Between 2020 and 2021 the exports of Rubies, sapphires and emeralds worked but not set grew by 52.7%, from $2.77B to $4.23B. Trade in Rubies, sapphires and emeralds worked but not set represent 0.02% of total world trade.

Rubies, sapphires and emeralds worked but not set are a part of Precious Stones.

Exports In 2021 the top exporters of Rubies, sapphires and emeralds worked but not set  were United States ($872M), Thailand ($531M), Switzerland ($516M), India ($237M), and Zambia ($225M).

Imports In 2021 the top importers of Rubies, sapphires and emeralds worked but not set were Hong Kong ($968M), United States ($684M), Switzerland ($581M), France ($512M), and Italy ($263M).

Ranking Rubies, sapphires and emeralds worked but not set ranks 3848th in the Product Complexity Index (PCI).

Description Ruby, sapphire and emerald are all types of gemstones that are often used in jewelry. Rubies are often a deep red color, sapphires are a blue-ish purple color, and emeralds are a deep green color. They are often set in jewelry such as rings, necklaces, earrings, bracelets and more.

Latest Data

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The following visualization shows the latest trends on Rubies, sapphires and emeralds worked but not set. 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)United States$872M
Top Destination (2021)Hong Kong$968M

In 2021 Rubies, sapphires and emeralds worked but not set were the world's 842nd most traded product (out of 4,641).

In 2021, the top exporters of Rubies, sapphires and emeralds worked but not set were United States ($872M), Thailand ($531M), Switzerland ($516M), India ($237M), and Zambia ($225M).

In 2021, the top importers of Rubies, sapphires and emeralds worked but not set were Hong Kong ($968M), United States ($684M), Switzerland ($581M), France ($512M), and Italy ($263M).

Explore Visualizations

Exporters of Rubies, sapphires and emeralds worked but not set (2021)
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Importers of Rubies, sapphires and emeralds worked but not set (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)United States$270M
Top Destination Growth (2020 -  2021)Hong Kong$320M

Between 2020 and 2021, the exports of Rubies, sapphires and emeralds worked but not set grew the fastest in United States ($270M), Thailand ($185M), Zambia ($119M), Sri Lanka ($103M), and Mozambique ($98M).

Between 2020 and 2021, the fastest growing importers of Rubies, sapphires and emeralds worked but not set were Hong Kong ($320M), United States ($200M), France ($195M), Switzerland ($170M), and Italy ($134M).

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Exporters of Rubies, sapphires and emeralds worked but not set (2020 - 2021)

Importers of Rubies, sapphires and emeralds worked but not set (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rubies, sapphires and emeralds worked but not set.

In 2021, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Rubies, sapphires and emeralds worked but not set are explained by 15 countries.

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Value of Exports in Rubies, sapphires and emeralds worked but not set

Net Trade

TOP NET EXPORTER (2021)Thailand$329M
TOP NET IMPORTER (2021)Hong Kong$756M

This map shows which countries export or import more of Rubies, sapphires and emeralds worked but not set. Each country is colored based on the difference in exports and imports of Rubies, sapphires and emeralds worked but not set during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Rubies, sapphires and emeralds worked but not set were Thailand ($329M), Zambia ($221M), United States ($188M), Mozambique ($169M), and Sri Lanka ($169M).

In 2021, the countries that had a largest trade value in imports than in exports of Rubies, sapphires and emeralds worked but not set were Hong Kong ($756M), France ($354M), United Kingdom ($89.5M), Switzerland ($64.5M), and Italy ($62.3M).

Net Trade (2021)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Rubies, sapphires and emeralds worked but not set.
It is possible to select the main countries that export or import Rubies, sapphires and emeralds worked but not set in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rubies, sapphires and emeralds worked but not set 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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