2022
Exports
$25.5BWorld Rnk 9 / 220
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$73.5BWorld Rnk 5 / 225
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $25.5B in Precious stones, metals, & pearls, making it the 9th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 2nd most exported product in Hong Kong. The main destination of Precious stones, metals, & pearls exports from Hong Kong are: China ($4.3B), Switzerland ($3.46B), India ($2.77B), Thailand ($2.69B), and United Arab Emirates ($2.42B).

The fastest growing export markets for Precious stones, metals, & pearls of Hong Kong between 2021 and 2022 were United Arab Emirates ($490M), Thailand ($480M), and Australia ($338M).

Imports In 2022, Hong Kong imported $73.5B in Precious stones, metals, & pearls, becoming the 5th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 2nd most imported product in Hong Kong. Hong Kong imports Precious stones, metals, & pearls primarily from: China ($18.7B), United Arab Emirates ($8.8B), India ($8.53B), Japan ($5.64B), and United States ($4.68B).

The fastest growing import markets in Precious stones, metals, & pearls for Hong Kong between 2021 and 2022 were Japan ($1.97B), Russia ($710M), and Australia ($354M).

COMPANIES In 2023, leading companies such as Home Depot (3), ASOS (2), and Cooper Lighting Solutions (2) were at the forefront of shipping Precious stones, metals, & pearls from Hong Kong to the United States.

Latest Trends

Jul 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 Precious stones, metals, & pearls. 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)$25.5B
IMPORTS (2022)$73.5B
NET TRADE (2022)-$48B

In 2022, Hong Kong exported $25.5B in Precious stones, metals, & pearls. The main destinations of Hong Kong exports on Precious stones, metals, & pearls were China ($4.3B), Switzerland ($3.46B), India ($2.77B), Thailand ($2.69B), and United Arab Emirates ($2.42B).

In 2022, Hong Kong imported $73.5B in Precious stones, metals, & pearls, mainly from China ($18.7B), United Arab Emirates ($8.8B), India ($8.53B), Japan ($5.64B), and United States ($4.68B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Thailand$480M (21.7%)
Australia$338M (146%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Hong Kong WERE (2021 - 2022):
United Kingdom-$4.06B (-83.7%)
India-$1.57B (-36.2%)
China-$729M (-14.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, Hong Kong's main importing competitors in Precious stones, metals, & pearls were:

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

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.22B
TOP IMPORT POTENTIALSouth Africa+ $213M

Precious stones, metals, & pearls’s highest export potential is China. With an export gap of $2.22B.   Precious stones, metals, & pearls’s highest import potential is South Africa with an import gap of $213M.

See methodology.

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