Jewellery and parts of precious metal except silver711319 (Harmonized System 1992 for 6-digit)
2019 World Trade: $94.3B, Rnk 20 / 4648
2019 Top Exporter | Top Importer: $13.7B | $16.5B, United Arab Emirates | Switzerland
2019 Product Complexity: -0.83, Rnk 3767 / 4826
2018 - 2019 Export Growth (CAGR): 8.09%, Rnk 527 / 4648
2018 Mean Tariff: 13.1%, Rnk 1500 / 6538
2019 Share of World Trade: 0.52%, Rnk 20 / 4648
Overview This page contains the latest trade data of Jewellery and parts of precious metal except silver. In 2019, Jewellery and parts of precious metal except silver were the world's 20th most traded product, with a total trade of $94.3B. Between 2018 and 2019 the exports of Jewellery and parts of precious metal except silver grew by 8.09%, from $87.2B to $94.3B. Trade in Jewellery and parts of precious metal except silver represent 0.52% of total world trade.
Jewellery and parts of precious metal except silver are a part of Jewellery.
Exports In 2019 the top exporters of Jewellery and parts of precious metal except silver were United Arab Emirates ($13.7B), India ($13B), Switzerland ($10.8B), France ($7.6B), and United States ($7.22B).
Imports In 2019 the top importers of Jewellery and parts of precious metal except silver were Switzerland ($16.5B), United Arab Emirates ($15.1B), Hong Kong ($14.3B), United States ($8.35B), and France ($5.29B).
Tariffs In 2018 the average tariff for Jewellery and parts of precious metal except silver was 13.1%, making it the 1500th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Jewellery and parts of precious metal except silver are Barbados (56.8%), Guyana (56.8%), Angola (50%), and Belize (47.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Singapore (0%), and Taiwan (0%).
Ranking Jewellery and parts of precious metal except silver ranks 3767th in the Product Complexity Index (PCI).
Description Jewellery can be made of gold, silver, or a combination of the two, and are often used to decorate the body. Gold and silver are precious metals and are used for making jewellery and coins. Silver is mainly used to make coins.
The following visualization shows the latest trends on Jewellery and parts of precious metal except silver. 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 October 2021 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2019): United Arab Emirates, $13.7B
Top Destination (2019): Switzerland, $16.5B
Jewellery and parts of precious metal except silver are the world's 20th most traded product.
In 2019, the top exporters of Jewellery and parts of precious metal except silver were United Arab Emirates ($13.7B), India ($13B), Switzerland ($10.8B), France ($7.6B), and United States ($7.22B).
In 2019, the top importers of Jewellery and parts of precious metal except silver were Switzerland ($16.5B), United Arab Emirates ($15.1B), Hong Kong ($14.3B), United States ($8.35B), and France ($5.29B).
Trade by country
Top Origin Growth (2018 - 2019): United Kingdom, $1.93B
Top Destination Growth (2018 - 2019): United Arab Emirates, $2.01B
Between 2018 and 2019, the exports of Jewellery and parts of precious metal except silver grew the fastest in United Kingdom ($1.93B), United Arab Emirates ($1.51B), India ($1.39B), France ($1.21B), and Turkey ($681M).
Between 2018 and 2019, the fastest growing importers of Jewellery and parts of precious metal except silver were United Arab Emirates ($2.01B), United Kingdom ($1.38B), France ($826M), Switzerland ($716M), and China ($504M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Jewellery and parts of precious metal except silver.
In 2019, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Jewellery and parts of precious metal except silver are explained by 16 countries.
This map shows which countries export or import more of Jewellery and parts of precious metal except silver. Each country is colored based on the difference in exports and imports of Jewellery and parts of precious metal except silver during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Jewellery and parts of precious metal except silver were India ($12.3B), Italy ($4.99B), China ($4.73B), Turkey ($3.67B), and France ($2.31B).
In 2019, the countries that had a largest trade value in imports than in exports of Jewellery and parts of precious metal except silver were Hong Kong ($10.4B), Switzerland ($5.64B), Iraq ($2.49B), United Arab Emirates ($1.46B), and Singapore ($1.45B).
This visualization shows the countries that have an important ratio of their trade related to Jewellery and parts of precious metal except silver. It is possible to select the main countries that export or import Jewellery and parts of precious metal except silver in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Jewellery and parts of precious metal except silver was 13.1%. The countries with the highest tariffs for importing Jewellery and parts of precious metal except silver were Barbados (56.8%), Guyana (56.8%), Angola (50%), and Belize (47.7%).
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.