Exports In 2023, India exported $13.1B in Jewellery, making it the 1st largest exporter of Jewellery in the world. At the same year, Jewellery was the 5th most exported product in India. The main destination of Jewellery exports from India are: United Arab Emirates ($5.42B), United States ($2.99B), Hong Kong ($1.7B), Singapore ($652M), and United Kingdom ($393M).
The fastest growing export markets for Jewellery of India between 2022 and 2023 were United Arab Emirates ($2.13B), Saudi Arabia ($32.6M), and Armenia ($8.85M).
Imports In 2023, India imported $1.78B in Jewellery, becoming the 14th largest importer of Jewellery in the world. At the same year, Jewellery was the 53rd most imported product in India. India imports Jewellery primarily from: United Arab Emirates ($569M), Indonesia ($448M), United States ($288M), Thailand ($245M), and Oman ($58M).
The fastest growing import markets in Jewellery for India between 2022 and 2023 were Indonesia ($448M), United Arab Emirates ($308M), and Thailand ($126M).
COMPANIES In 2023, leading companies such as CNH Industrial (25), AGCO (6), and Cinmar (3) were at the forefront of shipping Jewellery from India to the United States.