Precious Stones
Classification 54 for Standard International Trade Classification (SITC).
2018 World Trade: $145B, Rnk 17 / 35
2018 Top Exporter | Top Importer: $26.3B | $27.6B, India | Hong Kong
2017 - 2018 Export Growth (CAGR): 37.8%, Rnk 7 / 35
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
#permalink to sectionExporters and Importers
#permalink to sectionTrade By Country
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).
Market Dynamics
#permalink to sectionTrade by country
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).
Market Concentration
#permalink to sectionCumulative market share
This chart shows the evolution of the market concentration of exports of Precious Stones.
Net Trade
#permalink to sectionThis 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
#permalink to sectionIn 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)
