2022
Exports
$1.37BWorld Rnk 2 / 162
Flag Rnk 45 / 1211
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$853MWorld Rnk 5 / 185
Flag Rnk 68 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.37B in Precious Stones, making it the 2nd largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 45th most exported product in Thailand. The main destination of Precious Stones exports from Thailand are: United States ($267M), Hong Kong ($238M), Thailand ($183M), Italy ($118M), and India ($108M).

The fastest growing export markets for Precious Stones of Thailand between 2021 and 2022 were United States ($124M), Thailand ($104M), and Singapore ($73.9M).

Imports In 2022, Thailand imported $853M in Precious Stones, becoming the 5th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 68th most imported product in Thailand. Thailand imports Precious Stones primarily from: Thailand ($183M), Mozambique ($111M), Hong Kong ($110M), India ($88.2M), and United States ($49.2M).

The fastest growing import markets in Precious Stones for Thailand between 2021 and 2022 were Thailand ($104M), Mozambique ($85.7M), and India ($43.6M).

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. 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)$1.37B
IMPORTS (2022)$853M
NET TRADE (2022)$518M

In 2022, Thailand exported $1.37B in Precious Stones. The main destinations of Thailand exports on Precious Stones were United States ($267M), Hong Kong ($238M), Thailand ($183M), Italy ($118M), and India ($108M).

In 2022, Thailand imported $853M in Precious Stones, mainly from Thailand ($183M), Mozambique ($111M), Hong Kong ($110M), India ($88.2M), and United States ($49.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$124M (86.3%)
Thailand$104M (132%)
Singapore$73.9M (705%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Thailand WERE (2021 - 2022):
Switzerland-$5.87M (-5.89%)
Russia-$4.6M (-63.6%)
China-$2.23M (-12.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Precious Stones were:
In 2022, Thailand's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $57.7M
TOP IMPORT POTENTIALIndia+ $7.12M

Precious Stones’s highest export potential is China. With an export gap of $57.7M.   Precious Stones’s highest import potential is India with an import gap of $7.12M.

See methodology.

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