Precious Stones

Classification 54 for Standard International Trade Classification (SITC).

Overview This page contains the latest trade data of Precious Stones. In 2018, Precious Stones were the world's 17th most traded product, with a total trade of $145B. Between 2017 and 2018 the exports of Precious Stones grew by 37.8%, from $106B to $145B. Trade in Precious Stones represent 0.76% of total world trade.

Precious Stones include Manufactured goods classified chiefly by material and Crude materials, inedible, except fuels.

Exports In 2018 the top exporters of Precious Stones  were India ($26.3B), United States ($22.4B), Hong Kong ($18.4B), Belgium ($15B), and Israel ($14.4B).

Imports In 2018 the top importers of Precious Stones were Hong Kong ($27.6B), India ($26.3B), United States ($21.1B), Belgium ($20.6B), and United Arab Emirates ($10.3B).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2018): India, $26.3B

Top Destination (2018): Hong Kong, $27.6B

Precious Stones are the world's 17th most traded product.

In 2018, the top exporters of Precious Stones were India ($26.3B), United States ($22.4B), Hong Kong ($18.4B), Belgium ($15B), and Israel ($14.4B).

In 2018, the top importers of Precious Stones were Hong Kong ($27.6B), India ($26.3B), United States ($21.1B), Belgium ($20.6B), and United Arab Emirates ($10.3B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Arab Emirates, $14.1B

Top Destination Growth (2017 - 2018): United Arab Emirates, $10.3B

Between 2017 and 2018, the exports of Precious Stones grew the fastest in United Arab Emirates ($14.1B), United States ($9.99B), Hong Kong ($6.21B), Thailand ($3B), and India ($2.44B).

Between 2017 and 2018, the fastest growing importers of Precious Stones were United Arab Emirates ($10.3B), India ($7.12B), Belgium ($7.08B), Hong Kong ($6.47B), and Thailand ($2.5B).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Precious Stones.

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TOP NET EXPORTER (2018): Russia, $4.85B

TOP NET IMPORTER (2018): Hong Kong, $9.15B

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

In 2018, the countries that had a largest trade value in exports than in imports of Precious Stones were Russia ($4.85B), Israel ($4.4B), Botswana ($3.93B), United Arab Emirates ($3.85B), and Canada ($1.98B).

In 2018, the countries that had a largest trade value in imports than in exports of Precious Stones were Hong Kong ($9.15B), Belgium ($5.59B), China ($3.76B), Switzerland ($3.21B), and France ($1.42B).

Disaggregation

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Value

In 2018, the world most traded Precious Stones, disaggragated by their HS6 level were Manufactured goods classified chiefly by material ($144B) and Crude materials, inedible, except fuels ($1.41B)