710490 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Synthetic precious or semi-precious stones, worked ne. In 2022, Synthetic precious or semi-precious stones, worked ne were the world's 1164th most traded product, with a total trade of $2.96B. Between 2021 and 2022 the exports of Synthetic precious or semi-precious stones, worked ne grew by 12.3%, from $2.63B to $2.96B. Trade in Synthetic precious or semi-precious stones, worked ne represent 0.012% of total world trade.

Synthetic precious or semi-precious stones, worked ne are a part of Synthetic Reconstructed Jewellery Stones.

Exports In 2022 the top exporters of Synthetic precious or semi-precious stones, worked ne  were India ($1.76B), United States ($309M), China ($255M), Israel ($75.2M), and United Arab Emirates ($68.4M).

Imports In 2022 the top importers of Synthetic precious or semi-precious stones, worked ne were United States ($1.37B), Hong Kong ($345M), United Arab Emirates ($268M), India ($225M), and China ($71.5M).

Ranking Synthetic precious or semi-precious stones, worked ne ranks 1773rd in the Product Complexity Index (PCI).

Description Synthetic precious stones are made of glass, pressed together to form the shape of a gemstone. They are often used in the production of costume jewelry. Synthetic semi-precious stones are made of plastic and are often used as an inexpensive substitute for more expensive gemstones.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Synthetic precious or semi-precious stones, worked ne. 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)India$1.76B
Top Destination (2022)United States$1.37B

In 2022 Synthetic precious or semi-precious stones, worked ne were the world's 1164th most traded product (out of 4,648).

In 2022, the top exporters of Synthetic precious or semi-precious stones, worked ne were India ($1.76B), United States ($309M), China ($255M), Israel ($75.2M), and United Arab Emirates ($68.4M).

In 2022, the top importers of Synthetic precious or semi-precious stones, worked ne were United States ($1.37B), Hong Kong ($345M), United Arab Emirates ($268M), India ($225M), and China ($71.5M).

Explore Visualizations

Exporters of Synthetic precious or semi-precious stones, worked ne (2022)
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Importers of Synthetic precious or semi-precious stones, worked ne (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$387M
Top Destination Growth (2021 -  2022)United States$267M

Between 2021 and 2022, the exports of Synthetic precious or semi-precious stones, worked ne grew the fastest in India ($387M), United States ($135M), United Arab Emirates ($26.7M), Singapore ($24.6M), and Japan ($10.6M).

Between 2021 and 2022, the fastest growing importers of Synthetic precious or semi-precious stones, worked ne were United States ($267M), United Arab Emirates ($121M), India ($96.4M), Australia ($24.8M), and Israel ($13.6M).

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Exporters of Synthetic precious or semi-precious stones, worked ne (2021 - 2022)

Importers of Synthetic precious or semi-precious stones, worked ne (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic precious or semi-precious stones, worked ne.

In 2022, market concentration measured using Shannon Entropy, was 2.45. This means that most of the exports of Synthetic precious or semi-precious stones, worked ne are explained by 5 countries.

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Value of Exports in Synthetic precious or semi-precious stones, worked ne

Net Trade

TOP NET EXPORTER (2022)India$1.54B
TOP NET IMPORTER (2022)United States$1.06B

This map shows which countries export or import more of Synthetic precious or semi-precious stones, worked ne. Each country is colored based on the difference in exports and imports of Synthetic precious or semi-precious stones, worked ne during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Synthetic precious or semi-precious stones, worked ne were India ($1.54B), China ($184M), Russia ($47.8M), Austria ($32.9M), and Japan ($14.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Synthetic precious or semi-precious stones, worked ne were United States ($1.06B), Hong Kong ($286M), United Arab Emirates ($200M), Canada ($43.3M), and Vietnam ($40.2M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Synthetic precious or semi-precious stones, worked ne 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 (2022)

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