2023
Exports
$1.29BWorld Rnk 2 / 164
Flag Rnk 218 / 1217
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$2.33BWorld Rnk 2 / 184
Flag Rnk 208 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.29B in Precious Stones, making it the 2nd largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 218th most exported product in United States. The main destination of Precious Stones exports from United States are: Hong Kong ($591M), Switzerland ($132M), France ($128M), Israel ($112M), and United Kingdom ($96.4M).

The fastest growing export markets for Precious Stones of United States between 2022 and 2023 were Hong Kong ($340M), Israel ($100M), and France ($42.1M).

Imports In 2023, United States imported $2.33B in Precious Stones, becoming the 2nd largest importer of Precious Stones in the world. At the same year, Precious Stones was the 208th most imported product in United States. United States imports Precious Stones primarily from: Thailand ($404M), India ($361M), Sri Lanka ($196M), Switzerland ($174M), and Brazil ($121M).

The fastest growing import markets in Precious Stones for United States between 2022 and 2023 were Thailand ($102M), India ($89.2M), and Hong Kong ($59.5M).

COMPANIES In 2024, leading companies such as Ameziel (271), CrimsonLogic (87), and Amazon (36) were at the forefront of shipping Precious Stones to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-18.5M(-12.2%)
IMPORT GROWTH (January 2024 - January 2025)$73.1M(12.7%)
MAIN EXPORTER (January 2025)New York$122M
MAIN DESTINATION (January 2025)United Kingdom$22.3M

This section shows Precious Stones's exports and imports data at subnational level for United States. 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)$1.29B
IMPORTS (2023)$2.33B
NET TRADE (2023)-$1.04B

In 2023, United States exported $1.29B in Precious Stones. The main destinations of United States exports on Precious Stones were Hong Kong ($591M), Switzerland ($132M), France ($128M), Israel ($112M), and United Kingdom ($96.4M).

In 2023, United States imported $2.33B in Precious Stones, mainly from Thailand ($404M), India ($361M), Sri Lanka ($196M), Switzerland ($174M), and Brazil ($121M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR United States WERE (2022 - 2023):
Hong Kong$340M (136%)
Israel$100M (891%)
France$42.1M (49.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY United States WERE (2022 - 2023):
Switzerland-$28.5M (-17.8%)
India-$24.6M (-41.8%)
Singapore-$8.75M (-66.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Precious Stones were:
In 2023, United States's main importing competitors in Precious Stones were:
China $1.25B

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.8M
TOP IMPORT POTENTIALIndia+ $41.7M

Precious Stones’s highest export potential is India. With an export gap of $27.8M.   Precious Stones’s highest import potential is India with an import gap of $41.7M.

See methodology.

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