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

7116 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Pearl Products. In 2022, Pearl Products were the world's 811th most traded product, with a total trade of $1.8B. Between 2021 and 2022 the exports of Pearl Products grew by 14.9%, from $1.56B to $1.8B. Trade in Pearl Products represent 0.0076% 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 2022 the top exporters of Pearl Products  were China ($424M), United States ($313M), Thailand ($162M), Vietnam ($100M), and Austria ($91.7M).

Imports In 2022 the top importers of Pearl Products were United States ($358M), Hong Kong ($187M), China ($141M), Switzerland ($135M), and Austria ($81.5M).

Ranking Pearl Products ranks 691st 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 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 (2022)China$424M
Top Destination (2022)United States$358M

In 2022 Pearl Products were the world's 811th most traded product (out of 1,218).

In 2022, the top exporters of Pearl Products were China ($424M), United States ($313M), Thailand ($162M), Vietnam ($100M), and Austria ($91.7M).

In 2022, the top importers of Pearl Products were United States ($358M), Hong Kong ($187M), China ($141M), Switzerland ($135M), and Austria ($81.5M).

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Exporters of Pearl Products (2022)
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Importers of Pearl Products (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$49.3M
Top Destination Growth (2021 -  2022)United States$69.8M

Between 2021 and 2022, the exports of Pearl Products grew the fastest in Vietnam ($49.3M), China ($48.3M), United States ($45.6M), Japan ($20.5M), and Thailand ($19M).

Between 2021 and 2022, the fastest growing importers of Pearl Products were United States ($69.8M), Saint Martin ($35.6M), Singapore ($35.3M), Austria ($27.1M), and Switzerland ($24.5M).

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Exporters of Pearl Products (2021 - 2022)

Importers of Pearl Products (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.04. 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 (2022)China$283M
TOP NET IMPORTER (2022)Hong Kong$108M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pearl Products were China ($283M), Thailand ($152M), Vietnam ($90.1M), India ($42.2M), and Ireland ($41.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Pearl Products were Hong Kong ($108M), Switzerland ($97M), Singapore ($52M), United States ($44.9M), and Canada ($42.9M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Pearl Products, disaggragated by their HS6 level were Articles of precious, semi-precious, artificial stone ($1.61B) and Articles of natural or cultured pearls ($189M)

HS6 Disaggregation for Pearl Products (2022)
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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 (2022)

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 (2022)

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