2022
Exports
$858MWorld Rnk 4 / 162
Flag Rnk 18 / 1177
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$1.32BWorld Rnk 3 / 185
Flag Rnk 46 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $858M in Precious Stones, making it the 4th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 18th most exported product in Hong Kong. The main destination of Precious Stones exports from Hong Kong are: India ($483M), Thailand ($110M), Switzerland ($72.3M), United States ($59.1M), and Germany ($32.7M).

The fastest growing export markets for Precious Stones of Hong Kong between 2021 and 2022 were India ($333M), United States ($43.2M), and Thailand ($31M).

Imports In 2022, Hong Kong imported $1.32B in Precious Stones, becoming the 3rd largest importer of Precious Stones in the world. At the same year, Precious Stones was the 46th most imported product in Hong Kong. Hong Kong imports Precious Stones primarily from: United States ($264M), Thailand ($238M), Singapore ($165M), India ($140M), and Switzerland ($76.3M).

The fastest growing import markets in Precious Stones for Hong Kong between 2021 and 2022 were Singapore ($85.2M), Thailand ($49.2M), and Israel ($18.8M).

Latest Trends

Sep 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. 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)$858M
IMPORTS (2022)$1.32B
NET TRADE (2022)-$457M

In 2022, Hong Kong exported $858M in Precious Stones. The main destinations of Hong Kong exports on Precious Stones were India ($483M), Thailand ($110M), Switzerland ($72.3M), United States ($59.1M), and Germany ($32.7M).

In 2022, Hong Kong imported $1.32B in Precious Stones, mainly from United States ($264M), Thailand ($238M), Singapore ($165M), India ($140M), and Switzerland ($76.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
India$333M (223%)
United States$43.2M (273%)
Thailand$31M (39.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Hong Kong WERE (2021 - 2022):
United Arab Emirates-$12.8M (-72.1%)
Italy-$11.6M (-51.1%)
Chinese Taipei-$5.98M (-80.7%)

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 were:
In 2022, Hong Kong's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $26M
TOP IMPORT POTENTIALIndia+ $18.2M

Precious Stones’s highest export potential is China. With an export gap of $26M.   Precious Stones’s highest import potential is India with an import gap of $18.2M.

See methodology.

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