2023
Exports
$14.2BWorld Rnk 21 / 221
Flag Rnk 7 / 96
2023
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.86Rnk 225 / 1025
2023
Imports
$21.3BWorld Rnk 9 / 223
Flag Rnk 4 / 96
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $14.2B in Precious stones, metals, & pearls, making it the 21st largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 7th most exported product in Singapore. The main destination of Precious stones, metals, & pearls exports from Singapore are: China ($3.34B), Hong Kong ($3.05B), Malaysia ($1.7B), Cambodia ($922M), and Thailand ($800M).

The fastest growing export markets for Precious stones, metals, & pearls of Singapore between 2022 and 2023 were China ($1.89B), Hong Kong ($1.33B), and Switzerland ($73.7M).

Imports In 2023, Singapore imported $21.3B in Precious stones, metals, & pearls, becoming the 9th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 4th most imported product in Singapore. Singapore imports Precious stones, metals, & pearls primarily from: Switzerland ($3.29B), Thailand ($2.81B), Japan ($2.34B), Australia ($1.98B), and Indonesia ($1.3B).

The fastest growing import markets in Precious stones, metals, & pearls for Singapore between 2022 and 2023 were Thailand ($1.47B), Cambodia ($1.17B), and Malaysia ($324M).

COMPANIES In 2024, leading companies such as Robert Bosch (1), Yaheetech (1), and At Home Procurement (1) were at the forefront of shipping Precious stones, metals, & pearls from Singapore to the United States.

Latest Trends

Dec 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 (2023)$14.2B
IMPORTS (2023)$21.3B
NET TRADE (2023)-$7.05B

In 2023, Singapore exported $14.2B in Precious stones, metals, & pearls. The main destinations of Singapore exports on Precious stones, metals, & pearls were China ($3.34B), Hong Kong ($3.05B), Malaysia ($1.7B), Cambodia ($922M), and Thailand ($800M).

In 2023, Singapore imported $21.3B in Precious stones, metals, & pearls, mainly from Switzerland ($3.29B), Thailand ($2.81B), Japan ($2.34B), Australia ($1.98B), and Indonesia ($1.3B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
China$1.89B (130%)
Hong Kong$1.33B (78%)
Switzerland$73.7M (10.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Singapore WERE (2022 - 2023):
Cambodia-$7.66B (-89.3%)
United States-$731M (-68.4%)
India-$652M (-56.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Precious stones, metals, & pearls were:
In 2023, Singapore'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+ $613M
TOP IMPORT POTENTIALIndia+ $240M

Precious stones, metals, & pearls’s highest export potential is China. With an export gap of $613M.   Precious stones, metals, & pearls’s highest import potential is India with an import gap of $240M.

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