HS Icon Synthetic Reconstructed Jewellery Stones

7104 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.99B, Rnk 736 / 1225

Top Exporter (2018): $473M, Hong Kong

Top Importer (2018): $534M, Hong Kong

Product Complexity (2018): 0.19, Rnk 469 / 1018

Export Growth (CAGR)(2017 - 2018): 79.6%, Rnk 25 / 1225

Mean Tariff (2018): 7.81%, Rnk 558 / 1259

Share of World Trade (2018): 0.011%, Rnk 736 / 1225

Overview:  This page contains the latest trade data of Synthetic Reconstructed Jewellery Stones. In 2018, Synthetic Reconstructed Jewellery Stones were the world's 736th most traded product, with a total trade of $1.99B. Between 2017 and 2018 the exports of Synthetic Reconstructed Jewellery Stones grew by 79.6%, from  $1.11B to $1.99B. Trade in Synthetic Reconstructed Jewellery Stones represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Synthetic Reconstructed Jewellery Stones  were Hong Kong ($473M), India ($282M), United Arab Emirates ($262M), China ($213M), and Singapore ($139M).

Imports: In 2018 the top importers of Synthetic Reconstructed Jewellery Stones were Hong Kong ($534M), India ($302M), United States ($243M), United Arab Emirates ($213M), and Singapore ($131M).

Tariffs: In 2018 the average tariff for Synthetic Reconstructed Jewellery Stones was 7.81%, been the 558 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Synthetic Reconstructed Jewellery Stones are Angola (50%), Barbados (45.1%), Belize (44.2%), Bahamas (42.1%), and Ethiopia (34.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Ranking: Synthetic Reconstructed Jewellery Stones ranks 469th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Hong Kong, $473M

Top Destination (2018): Hong Kong, $534M

Synthetic Reconstructed Jewellery Stones are the world's 736th most traded product.

In 2018, the top exporters of Synthetic Reconstructed Jewellery Stones were Hong Kong ($473M), India ($282M), United Arab Emirates ($262M), China ($213M), and Singapore ($139M).

In 2018, the top importers of Synthetic Reconstructed Jewellery Stones were Hong Kong ($534M), India ($302M), United States ($243M), United Arab Emirates ($213M), and Singapore ($131M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Hong Kong, $384M

Top Destination Growth (2017 - 2018): Hong Kong, $310M

Between 2017 and 2018, the exports of Synthetic Reconstructed Jewellery Stones grew the fastest in Hong Kong ($384M), United Arab Emirates ($150M), India ($136M), Singapore ($129M), and China ($40.6M).

Between 2017 and 2018, the fastest growing importers of Synthetic Reconstructed Jewellery Stones were Hong Kong ($310M), United States ($239M), United Arab Emirates ($134M), Singapore ($131M), and India ($80.5M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Synthetic Reconstructed Jewellery Stones.

In 2018,  market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Synthetic Reconstructed Jewellery Stones are explained by 12 countries.

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TOP NET EXPORTER (2018): China, $140M

TOP NET IMPORTER (2018): United States, $144M

This map shows which countries export or import more of Synthetic Reconstructed Jewellery Stones. Each country is colored based on the difference in exports and imports of Synthetic Reconstructed Jewellery Stones during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Synthetic Reconstructed Jewellery Stones were China ($140M), Russia ($79M), United Arab Emirates ($49.1M), Austria ($31.4M), and United Kingdom ($24.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Synthetic Reconstructed Jewellery Stones were United States ($144M), Hong Kong ($60.5M), Chinese Taipei ($52.3M), Thailand ($28M), and Germany ($24M).

Trade Forecasts

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This section shows forecasts for total trade for Synthetic Reconstructed Jewellery Stones. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Synthetic Reconstructed Jewellery Stones was 7.81%.  The countries with the highest tariffs for importing Synthetic Reconstructed Jewellery Stones were Angola (50%), Barbados (45.1%), Belize (44.2%), Bahamas (42.1%), and Ethiopia (34.7%).

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Product Complexity

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Diversification Frontier

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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.