710420 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Synthetic precious, semi-precious stone, rough shaped. In 2023, Synthetic precious, semi-precious stone, rough shaped were the world's 1297th most traded product, with a total trade of $2.33B. Between 2022 and 2023 the exports of Synthetic precious, semi-precious stone, rough shaped decreased by -0.1%, from $2.33B to $2.33B. Trade in Synthetic precious, semi-precious stone, rough shaped represent 0.01% of total world trade.

Synthetic precious, semi-precious stone, rough shaped are a part of Synthetic Reconstructed Jewellery Stones.

Exports In 2023 the top exporters of Synthetic precious, semi-precious stone, rough shaped  were China ($715M), United States ($556M), Hong Kong ($489M), United Arab Emirates ($281M), and India ($122M).

Imports In 2023 the top importers of Synthetic precious, semi-precious stone, rough shaped were India ($1.08B), United Arab Emirates ($532M), Hong Kong ($458M), Thailand ($74.2M), and Ireland ($45.2M).

Ranking Synthetic precious, semi-precious stone, rough shaped ranks 2608th in the Product Complexity Index (PCI).

Description Synthetic stones are made of acrylic, and have been used to simulate expensive stones such as diamonds in jewelry. Synthetic semi-precious stones are used to imitate gemstones, such as turquoise and lapis lazuli, in jewelry. Synthetic rough stones are used for various home improvement projects such as granite countertops, as they are similar to the natural stone.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Synthetic precious, semi-precious stone, rough shaped. 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$715M
Top Destination (2023)India$1.08B

In 2023 Synthetic precious, semi-precious stone, rough shaped were the world's 1297th most traded product (out of 4,644).

In 2023, the top exporters of Synthetic precious, semi-precious stone, rough shaped were China ($715M), United States ($556M), Hong Kong ($489M), United Arab Emirates ($281M), and India ($122M).

In 2023, the top importers of Synthetic precious, semi-precious stone, rough shaped were India ($1.08B), United Arab Emirates ($532M), Hong Kong ($458M), Thailand ($74.2M), and Ireland ($45.2M).

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Exporters of Synthetic precious, semi-precious stone, rough shaped (2023)
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Importers of Synthetic precious, semi-precious stone, rough shaped (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$190M
Top Destination Growth (2022 -  2023)India$98.4M

Between 2022 and 2023, the exports of Synthetic precious, semi-precious stone, rough shaped grew the fastest in United States ($190M), China ($114M), United Kingdom ($24.9M), Botswana ($8.11M), and Germany ($2.99M).

Between 2022 and 2023, the fastest growing importers of Synthetic precious, semi-precious stone, rough shaped were India ($98.4M), United Arab Emirates ($50.9M), Thailand ($39.5M), Ireland ($35.2M), and Singapore ($8.92M).

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Exporters of Synthetic precious, semi-precious stone, rough shaped (2022 - 2023)

Importers of Synthetic precious, semi-precious stone, rough shaped (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic precious, semi-precious stone, rough shaped.

In 2023, market concentration measured using Shannon Entropy, was 2.62. This means that most of the exports of Synthetic precious, semi-precious stone, rough shaped are explained by 6 countries.

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Value of Exports in Synthetic precious, semi-precious stone, rough shaped

Net Trade

TOP NET EXPORTER (2023)China$695M
TOP NET IMPORTER (2023)India$962M

This map shows which countries export or import more of Synthetic precious, semi-precious stone, rough shaped. Each country is colored based on the difference in exports and imports of Synthetic precious, semi-precious stone, rough shaped during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic precious, semi-precious stone, rough shaped were China ($695M), United States ($539M), Hong Kong ($31.1M), United Kingdom ($30.4M), and Israel ($17.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic precious, semi-precious stone, rough shaped were India ($962M), United Arab Emirates ($251M), Thailand ($56.6M), Ireland ($43.7M), and Switzerland ($11.6M).

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 Synthetic precious, semi-precious stone, rough shaped.
It is possible to select the main countries that export or import Synthetic precious, semi-precious stone, rough shaped in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic precious, semi-precious stone, rough shaped 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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