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2022
Exports $31.1BWorld Rnk 7 / 220
Flag Rnk 22 / 96
2022
Destination $812M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $812MUnited States
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls0.58Rnk 328 / 1025
2022
Imports $87.8BWorld Rnk 3 / 225
Flag Rnk 5 / 96
2022
Origin $17B Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $17BUnited Kingdom
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $31.1B in Precious stones, metals, & pearls, making it the 7th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 22nd most exported product in China. The main destination of Precious stones, metals, & pearls exports from China are: Hong Kong ($18.7B), United States ($2.2B), China ($1.6B), Switzerland ($620M), and Singapore ($597M).

The fastest growing export markets for Precious stones, metals, & pearls of China between 2021 and 2022 were United States ($812M), Turkey ($439M), and Singapore ($351M).

Imports In 2022, China imported $87.8B in Precious stones, metals, & pearls, becoming the 3rd largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 5th most imported product in China. China imports Precious stones, metals, & pearls primarily from: Switzerland ($28.9B), United Kingdom ($18.3B), South Africa ($14.1B), Australia ($5.69B), and Hong Kong ($4.3B).

The fastest growing import markets in Precious stones, metals, & pearls for China between 2021 and 2022 were United Kingdom ($17B), Switzerland ($11.2B), and South Africa ($3.78B).

COMPANIES In 2023, leading companies such as CrimsonLogic (595), Ameziel (280), and Amazon (271) were at the forefront of shipping Precious stones, metals, & pearls from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Precious stones, metals, & pearls exports accounted up to $3.23B and imports accounted up to $9.37B, resulting in a negative trade balance of $6.14B. Between October 2023 and October 2024 the exports of China's   Precious stones, metals, & pearls have increased by $494M (18.1%) from $2.73B to $3.23B, while imports increased by $1.49B (18.9%) from $7.88B to $9.37B.

Destinations In October 2024, Precious stones, metals, & pearls were exported mostly to Hong Kong ($2.38B), United States ($183M), Thailand ($143M), Singapore ($69.5M), and Malaysia ($49.2M), and were imported mostly from Switzerland ($2.15B), Canada ($1.83B), Hong Kong ($1.75B), South Africa ($985M), and Kyrgyzstan ($553M).

Growth In October 2024, the increase in Precious stones, metals, & pearls's year-by-year exports was explained primarily by an increase in exports to Singapore ($59.5M or 317%), Australia ($24.2M or 111%), and Malaysia ($16.1M or 41.4%). In October 2024, the increase in Precious stones, metals, & pearls's year-by-year imports was explained primarily by an increase in imports from Canada ($370M or 215%), Singapore ($117M or 93.7%), and Australia ($76.1M or 8.43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$494M(18.1%)
IMPORT GROWTH (October 2023 - October 2024)$1.49B(18.9%)
MAIN EXPORTER (October 2024)Guangdong Province$2.89B
MAIN DESTINATION (October 2024)Hong Kong$2.38B

This section shows Precious stones, metals, & pearls's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Precious stones, metals, & pearls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.1B
IMPORTS (2022)$87.8B
NET TRADE (2022)-$56.7B

In 2022, China exported $31.1B in Precious stones, metals, & pearls. The main destinations of China exports on Precious stones, metals, & pearls were Hong Kong ($18.7B), United States ($2.2B), China ($1.6B), Switzerland ($620M), and Singapore ($597M).

In 2022, China imported $87.8B in Precious stones, metals, & pearls, mainly from Switzerland ($28.9B), United Kingdom ($18.3B), South Africa ($14.1B), Australia ($5.69B), and Hong Kong ($4.3B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$812M (58.5%)
Turkey$439M (915%)
Singapore$351M (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY China WERE (2021 - 2022):
United Kingdom-$114M (-21.4%)
Japan-$111M (-24.6%)
Canada-$109M (-40.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Precious stones, metals, & pearls were:
Switzerland $120B
United States $78.4B
United Arab Emirates $61.8B
In 2022, China's main importing competitors in Precious stones, metals, & pearls were:
Switzerland $115B
United Arab Emirates $87.9B

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $519M
TOP IMPORT POTENTIALHong Kong+ $2.22B

Precious stones, metals, & pearls’s highest export potential is United States. With an export gap of $519M.   Precious stones, metals, & pearls’s highest import potential is Hong Kong with an import gap of $2.22B.

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