HS Icon Imitation Jewellery

7117 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $6.6B, Rnk 432 / 1217

2019
Top Exporter | Top Importer
: $2.46B | $969M, China | United States

2019
Product Complexity
: 0.16, Rnk 476 / 961

2018 - 2019
Export Growth (CAGR)
: -1.46%, Rnk 508 / 1217

2018
Mean Tariff
: 14.5%, Rnk 222 / 1259

 2019
Share of World Trade
: 0.036%, Rnk 432 / 1217

Overview:  This page contains the latest trade data of Imitation Jewellery. In 2019, Imitation Jewellery were the world's 432nd most traded product, with a total trade of $6.6B. Between 2018 and 2019 the exports of Imitation Jewellery decreased by -1.46%, from  $6.7B to $6.6B. Trade in Imitation Jewellery represent 0.036% of total world trade.

Exports: In 2019 the top exporters of Imitation Jewellery  were China ($2.46B), France ($497M), Thailand ($401M), Germany ($382M), and Italy ($380M).

Imports: In 2019 the top importers of Imitation Jewellery were United States ($969M), France ($527M), Germany ($445M), United Kingdom ($350M), and Hong Kong ($322M).

Tariffs: In 2018 the average tariff for Imitation Jewellery was 14.5%, making it the 222nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Imitation Jewellery are Barbados (54.1%), Belize (45.2%), Iran (40%), Cape Verde (40%), and Bolivia (38.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Singapore (0%), and Taiwan (0%).

Ranking: Imitation Jewellery ranks 476th in the Product Complexity Index (PCI).

Description: Imitation jewellery is made from a variety of materials, including metal, plastic, and glass. Imitation jewellery is often used as a cheaper alternative to real jewellery.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $2.46B

Top Destination (2019): United States, $969M

Imitation Jewellery are the world's 432nd most traded product.

In 2019, the top exporters of Imitation Jewellery were China ($2.46B), France ($497M), Thailand ($401M), Germany ($382M), and Italy ($380M).

In 2019, the top importers of Imitation Jewellery were United States ($969M), France ($527M), Germany ($445M), United Kingdom ($350M), and Hong Kong ($322M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Singapore, $30.3M

Top Destination Growth (2018 - 2019): Japan, $28.9M

Between 2018 and 2019, the exports of Imitation Jewellery grew the fastest in Singapore ($30.3M), China ($28.9M), France ($21M), United Kingdom ($11.6M), and Serbia ($6.32M).

Between 2018 and 2019, the fastest growing importers of Imitation Jewellery were Japan ($28.9M), Saudi Arabia ($17.7M), Austria ($15.1M), Singapore ($14.4M), and China ($14.1M).

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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 Imitation Jewellery.

In 2019,  market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Imitation Jewellery are explained by 13 countries.

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TOP NET EXPORTER (2019): China, $2.2B

TOP NET IMPORTER (2019): United States, $770M

This map shows which countries export or import more of Imitation Jewellery. Each country is colored based on the difference in exports and imports of Imitation Jewellery during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Imitation Jewellery were China ($2.2B), Thailand ($350M), Italy ($131M), Vietnam ($119M), and Austria ($106M).

In 2019, the countries that had a largest trade value in imports than in exports of Imitation Jewellery were United States ($770M), Japan ($253M), United Kingdom ($212M), Hong Kong ($179M), and Switzerland ($116M).

Disaggregation

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Value

In 2019, the world most traded Imitation Jewellery, disaggragated by their HS6 level were Imitation jewellery nes of base metal... ($4.78B), Imitation jewellery nes ($1.7B), and Cuff-links and studs of base metal,... ($123M)

Import Tariffs

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In 2018, the average tariff for importing Imitation Jewellery was 14.5%.  The countries with the highest tariffs for importing Imitation Jewellery were Barbados (54.1%), Belize (45.2%), Iran (40%), Cape Verde (40%), and Bolivia (38.4%).

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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.