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711311 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.49BRnk 433 / 4644
2023
Top Exporter | Top Importer $2.24B | $1.59BThailand | Hong Kong
2023
Product Complexity -0.37Rnk 3058 / 4656
2022 - 2023
Export Growth (CAGR) -17.1%Rnk 3439 / 4644
2023
Share of World Trade 0.038%Rnk 433 / 4644

About

Overview This page contains the latest trade data of Jewellery and parts, silver, including plated silver. In 2023, Jewellery and parts, silver, including plated silver were the world's 433rd most traded product, with a total trade of $8.49B. Between 2022 and 2023 the exports of Jewellery and parts, silver, including plated silver decreased by -17.1%, from $10.2B to $8.49B. Trade in Jewellery and parts, silver, including plated silver represent 0.038% of total world trade.

Jewellery and parts, silver, including plated silver are a part of Jewellery.

Exports In 2023 the top exporters of Jewellery and parts, silver, including plated silver  were Thailand ($2.24B), India ($1.85B), China ($1.03B), Italy ($840M), and Germany ($411M).

Imports In 2023 the top importers of Jewellery and parts, silver, including plated silver were Hong Kong ($1.59B), United States ($1.59B), Germany ($625M), Italy ($477M), and United Kingdom ($407M).

Ranking Jewellery and parts, silver, including plated silver ranks 3058th in the Product Complexity Index (PCI).

Description Jewellery and parts, silver are commonly used for necklaces, bracelets, and rings. Silver plating, which is not pure silver, is used for decorative purposes and to provide a durable, shiny, and affordable option to silver.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Jewellery and parts, silver, including plated silver. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Thailand$2.24B
Top Destination (2023)Hong Kong$1.59B

In 2023 Jewellery and parts, silver, including plated silver were the world's 433rd most traded product (out of 4,644).

In 2023, the top exporters of Jewellery and parts, silver, including plated silver were Thailand ($2.24B), India ($1.85B), China ($1.03B), Italy ($840M), and Germany ($411M).

In 2023, the top importers of Jewellery and parts, silver, including plated silver were Hong Kong ($1.59B), United States ($1.59B), Germany ($625M), Italy ($477M), and United Kingdom ($407M).

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Exporters of Jewellery and parts, silver, including plated silver (2023)
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Importers of Jewellery and parts, silver, including plated silver (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$198M
Top Destination Growth (2022 -  2023)United Arab Emirates$213M

Between 2022 and 2023, the exports of Jewellery and parts, silver, including plated silver grew the fastest in Hong Kong ($198M), Kuwait ($121M), South Africa ($104M), Denmark ($58.6M), and Romania ($19.2M).

Between 2022 and 2023, the fastest growing importers of Jewellery and parts, silver, including plated silver were United Arab Emirates ($213M), India ($116M), Turkey ($70.6M), Thailand ($37.3M), and Romania ($24.4M).

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Exporters of Jewellery and parts, silver, including plated silver (2022 - 2023)

Importers of Jewellery and parts, silver, including plated silver (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Jewellery and parts, silver, including plated silver.

In 2023, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Jewellery and parts, silver, including plated silver are explained by 11 countries.

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Value of Exports in Jewellery and parts, silver, including plated silver

Net Trade

TOP NET EXPORTER (2023)Thailand$2.07B
TOP NET IMPORTER (2023)United States$1.29B

This map shows which countries export or import more of Jewellery and parts, silver, including plated silver. Each country is colored based on the difference in exports and imports of Jewellery and parts, silver, including plated silver during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Jewellery and parts, silver, including plated silver were Thailand ($2.07B), India ($1.6B), China ($922M), Italy ($363M), and Kuwait ($117M).

In 2023, the countries that had a largest trade value in imports than in exports of Jewellery and parts, silver, including plated silver were United States ($1.29B), Hong Kong ($1.22B), United Kingdom ($344M), United Arab Emirates ($299M), and Germany ($214M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Jewellery and parts, silver, including plated silver.
It is possible to select the main countries that export or import Jewellery and parts, silver, including plated silver in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Jewellery and parts, silver, including plated silver by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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