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Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)

7116 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.8BRnk 791 / 1217
2023
Top Exporter | Top Importer $463M | $418MChina | United States
2023
Product Complexity 0.088Rnk 539 / 1044
2022 - 2023
Export Growth (CAGR) -1.73%Rnk 466 / 1217
2023
Share of World Trade 0.0079%Rnk 791 / 1217

About

Overview This page contains the latest trade data of Pearl Products. In 2023, Pearl Products were the world's 791st most traded product, with a total trade of $1.8B. Between 2022 and 2023 the exports of Pearl Products decreased by -1.73%, from $1.83B to $1.8B. Trade in Pearl Products represent 0.0079% of total world trade.

Pearl Products are a part of Precious stones, metals, & pearls. They include Articles of precious, semi-precious, artificial stone and Articles of natural or cultured pearls.

Exports In 2023 the top exporters of Pearl Products  were China ($463M), Thailand ($245M), United States ($194M), Vietnam ($124M), and France ($83.1M).

Imports In 2023 the top importers of Pearl Products were United States ($418M), Switzerland ($145M), Hong Kong ($127M), Germany ($93.1M), and Austria ($87.5M).

Ranking Pearl Products ranks 539th in the Product Complexity Index (PCI).

Description Pearls are a type of gemstone that is formed when an irritant enters the shell of a mollusk. They can be made from many different types of materials, including freshwater pearls, saltwater pearls, and cultured pearls.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pearl Products. 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)China$463M
Top Destination (2023)United States$418M

In 2023 Pearl Products were the world's 791st most traded product (out of 1,217).

In 2023, the top exporters of Pearl Products were China ($463M), Thailand ($245M), United States ($194M), Vietnam ($124M), and France ($83.1M).

In 2023, the top importers of Pearl Products were United States ($418M), Switzerland ($145M), Hong Kong ($127M), Germany ($93.1M), and Austria ($87.5M).

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Exporters of Pearl Products (2023)
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Importers of Pearl Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$28.9M
Top Destination Growth (2022 -  2023)Saint Martin$19.4M

Between 2022 and 2023, the exports of Pearl Products grew the fastest in Belgium ($28.9M), Singapore ($19.9M), Thailand ($14.2M), Vietnam ($11.7M), and Austria ($11.5M).

Between 2022 and 2023, the fastest growing importers of Pearl Products were Saint Martin ($19.4M), Italy ($16.4M), Japan ($15M), United Kingdom ($8.78M), and Thailand ($7.47M).

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Exporters of Pearl Products (2022 - 2023)

Importers of Pearl Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pearl Products.

In 2023, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Pearl Products are explained by 16 countries.

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Value of Exports in Pearl Products

Net Trade

TOP NET EXPORTER (2023)China$376M
TOP NET IMPORTER (2023)United States$224M

This map shows which countries export or import more of Pearl Products. Each country is colored based on the difference in exports and imports of Pearl Products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pearl Products were China ($376M), Thailand ($231M), Vietnam ($118M), India ($47.6M), and Ireland ($44.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Pearl Products were United States ($224M), Switzerland ($118M), Hong Kong ($91.7M), Saint Martin ($70.6M), and United Kingdom ($61.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Pearl Products, disaggragated by their HS6 level were Articles of precious, semi-precious, artificial stone ($1.63B) and Articles of natural or cultured pearls ($171M)

HS6 Disaggregation for Pearl Products (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Pearl Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $2.69M
TOP IMPORT POTENTIALVietnam+ $5.28M

Pearl Products’s highest export potential is Japan. With an export gap of $2.69M.  Pearl Products’s highest import potential is Vietnam with an import gap of $5.28M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Pearl Products to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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