2023
Exports
$228MWorld Rnk 15 / 164
Flag Rnk 307 / 1209
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$152MWorld Rnk 13 / 184
Flag Rnk 441 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $228M in Precious Stones, making it the 15th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 307th most exported product in Japan. The main destination of Precious Stones exports from Japan are: Hong Kong ($216M), Thailand ($4.91M), United States ($1.65M), Switzerland ($1.18M), and Italy ($959k).

The fastest growing export markets for Precious Stones of Japan between 2022 and 2023 were Hong Kong ($39.1M), Thailand ($2.73M), and Italy ($895k).

Imports In 2023, Japan imported $152M in Precious Stones, becoming the 13th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 441st most imported product in Japan. Japan imports Precious Stones primarily from: Thailand ($39.3M), India ($21.9M), China ($14.9M), Colombia ($14M), and Brazil ($10.8M).

The fastest growing import markets in Precious Stones for Japan between 2022 and 2023 were Thailand ($11.5M), Colombia ($7.35M), and Mozambique ($4.07M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-74.7M(-29.7%)
IMPORT GROWTH (November 2023 - November 2024)¥454M(46.9%)
MAIN EXPORTER (November 2024)Chiba¥174M
MAIN DESTINATION (November 2024)Hong Kong¥117M

This section shows Precious Stones's exports and imports data at subnational level for Japan. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$228M
IMPORTS (2023)$152M
NET TRADE (2023)$75.4M

In 2023, Japan exported $228M in Precious Stones. The main destinations of Japan exports on Precious Stones were Hong Kong ($216M), Thailand ($4.91M), United States ($1.65M), Switzerland ($1.18M), and Italy ($959k).

In 2023, Japan imported $152M in Precious Stones, mainly from Thailand ($39.3M), India ($21.9M), China ($14.9M), Colombia ($14M), and Brazil ($10.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Hong Kong$39.1M (22.1%)
Thailand$2.73M (126%)
Italy$895k (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Japan WERE (2022 - 2023):
United States-$1.25M (-43.2%)
Vietnam-$487k (-58.2%)
Malaysia-$108k (-50.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Precious Stones were:
In 2023, Japan's main importing competitors in Precious Stones were:

Explore Visualizations

Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.34M
TOP IMPORT POTENTIALIndia+ $6.68M

Precious Stones’s highest export potential is United States. With an export gap of $3.34M.   Precious Stones’s highest import potential is India with an import gap of $6.68M.

See methodology.

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