2022
Exports
$12.6BWorld Rnk 2 / 214
Flag Rnk 4 / 1212
2022
PRODUCT COMPLEXITY IN Jewellery
-0.41Rnk 675 / 1025
2022
Imports
$1.02BWorld Rnk 19 / 219
Flag Rnk 99 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $12.6B in Jewellery, making it the 2nd largest exporter of Jewellery in the world. At the same year, Jewellery was the 4th most exported product in India. The main destination of Jewellery exports from India are: United States ($3.38B), United Arab Emirates ($3.19B), Hong Kong ($2.97B), Singapore ($709M), and United Kingdom ($403M).

The fastest growing export markets for Jewellery of India between 2021 and 2022 were Hong Kong ($962M), United Arab Emirates ($456M), and Singapore ($144M).

Imports In 2022, India imported $1.02B in Jewellery, becoming the 19th largest importer of Jewellery in the world. At the same year, Jewellery was the 99th most imported product in India. India imports Jewellery primarily from: United States ($362M), United Arab Emirates ($260M), Thailand ($120M), Qatar ($74.7M), and Italy ($50.3M).

The fastest growing import markets in Jewellery for India between 2021 and 2022 were Thailand ($88M), United Arab Emirates ($86.9M), and Qatar ($58.7M).

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.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Jewellery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.6B
IMPORTS (2022)$1.02B
NET TRADE (2022)$11.5B

In 2022, India exported $12.6B in Jewellery. The main destinations of India exports on Jewellery were United States ($3.38B), United Arab Emirates ($3.19B), Hong Kong ($2.97B), Singapore ($709M), and United Kingdom ($403M).

In 2022, India imported $1.02B in Jewellery, mainly from United States ($362M), United Arab Emirates ($260M), Thailand ($120M), Qatar ($74.7M), and Italy ($50.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR India WERE (2021 - 2022):
Hong Kong$962M (48%)
Singapore$144M (25.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY India WERE (2021 - 2022):
United States-$222M (-6.18%)
South Korea-$18.4M (-92.1%)
Belgium-$5.65M (-7.88%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Jewellery were:
In 2022, India's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $514M
TOP IMPORT POTENTIALThailand+ $56.9M

Jewellery’s highest export potential is United States. With an export gap of $514M.   Jewellery’s highest import potential is Thailand with an import gap of $56.9M.

See methodology.

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