Exports In 2023, India exported $923M in Precious Stones, making it the 4th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 89th most exported product in India. The main destination of Precious Stones exports from India are: United States ($361M), Hong Kong ($194M), Thailand ($119M), Italy ($53.3M), and Singapore ($28.8M).
The fastest growing export markets for Precious Stones of India between 2022 and 2023 were Hong Kong ($103M), United States ($89.2M), and Thailand ($19.3M).
Imports In 2023, India imported $916M in Precious Stones, becoming the 4th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 107th most imported product in India. India imports Precious Stones primarily from: Hong Kong ($465M), Zambia ($229M), Thailand ($68.5M), United States ($34.2M), and Brazil ($22.3M).
The fastest growing import markets in Precious Stones for India between 2022 and 2023 were Zambia ($79.4M), Mozambique ($16.8M), and Nigeria ($11M).