Pearls7101 (Harmonized System 1992 for 4-digit)
2019 World Trade: $903M, Rnk 930 / 1217
2019 Top Exporter | Top Importer: $287M | $366M, Japan | Hong Kong
2019 Product Complexity: -0.56, Rnk 678 / 961
2018 - 2019 Export Growth (CAGR): -25.6%, Rnk 1177 / 1217
2018 Mean Tariff: 7.79%, Rnk 558 / 1259
2019 Share of World Trade: 0.005%, Rnk 930 / 1217
Overview This page contains the latest trade data of Pearls. In 2019, Pearls were the world's 930th most traded product, with a total trade of $903M. Between 2018 and 2019 the exports of Pearls decreased by -25.6%, from $1.22B to $903M. Trade in Pearls represent 0.005% of total world trade.
Exports In 2019 the top exporters of Pearls were Japan ($287M), Australia ($146M), Indonesia ($109M), French Polynesia ($88.9M), and China ($62.2M).
Imports In 2019 the top importers of Pearls were Hong Kong ($366M), Japan ($286M), United States ($71.6M), Australia ($29.9M), and India ($25.9M).
Tariffs In 2018 the average tariff for Pearls was 7.79%, making it the 558th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Pearls are Cook Islands (57.4%), Angola (50%), Barbados (45.1%), and Belize (44.2%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).
Ranking Pearls ranks 678th in the Product Complexity Index (PCI).
Description Pearls are a type of gemstone that is formed from the nacre, or mother-of-pearl. Pearls can be made from various types of mollusks, including oysters and mussels.
Trade By Country
Pearls are the world's 930th most traded product.
In 2019, the top exporters of Pearls were Japan ($287M), Australia ($146M), Indonesia ($109M), French Polynesia ($88.9M), and China ($62.2M).
In 2019, the top importers of Pearls were Hong Kong ($366M), Japan ($286M), United States ($71.6M), Australia ($29.9M), and India ($25.9M).
Trade by country
Top Origin Growth (2018 - 2019): United Kingdom, $3.4M
Top Destination Growth (2018 - 2019): Australia, $3.43M
Between 2018 and 2019, the exports of Pearls grew the fastest in United Kingdom ($3.4M), Myanmar ($3.05M), Singapore ($2.94M), Thailand ($2.66M), and Vietnam ($2.53M).
Between 2018 and 2019, the fastest growing importers of Pearls were Australia ($3.43M), France ($3.34M), Qatar ($2.81M), Lebanon ($694k), and Norway ($554k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Pearls.
In 2019, market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Pearls are explained by 9 countries.
This map shows which countries export or import more of Pearls. Each country is colored based on the difference in exports and imports of Pearls during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Pearls were Australia ($116M), Indonesia ($108M), French Polynesia ($88.9M), China ($43.4M), and Philippines ($26.8M).
In 2019, the countries that had a largest trade value in imports than in exports of Pearls were Hong Kong ($320M), United States ($42.5M), India ($23.4M), Italy ($10.6M), and France ($8.51M).
In 2019, the world most traded Pearls, disaggragated by their HS6 level were Pearls cultured worked, not mounted or... ($466M), Pearls cultured unworked ($358M), and Pearls natural, not permanently mounted or... ($79.2M)
In 2018, the average tariff for importing Pearls was 7.79%. The countries with the highest tariffs for importing Pearls were Cook Islands (57.4%), Angola (50%), Barbados (45.1%), and Belize (44.2%).
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.