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710420 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.92BRnk 1542 / 4648
2022
Top Exporter | Top Importer $649M | $970MHong Kong | India
2022
Product Complexity -0.0027Rnk 2532 / 4653
2021 - 2022
Export Growth (CAGR) 8.85%Rnk 1742 / 4648
2022
Share of World Trade 0.0081%Rnk 1542 / 4648

About

Overview This page contains the latest trade data of Synthetic precious, semi-precious stone, rough shaped. In 2022, Synthetic precious, semi-precious stone, rough shaped were the world's 1542nd most traded product, with a total trade of $1.92B. Between 2021 and 2022 the exports of Synthetic precious, semi-precious stone, rough shaped grew by 8.85%, from $1.76B to $1.92B. Trade in Synthetic precious, semi-precious stone, rough shaped represent 0.0081% of total world trade.

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

Exports In 2022 the top exporters of Synthetic precious, semi-precious stone, rough shaped  were Hong Kong ($649M), United Arab Emirates ($382M), United States ($294M), China ($270M), and India ($76M).

Imports In 2022 the top importers of Synthetic precious, semi-precious stone, rough shaped were India ($970M), Hong Kong ($357M), United Arab Emirates ($352M), China ($36.7M), and Belgium ($35.8M).

Ranking Synthetic precious, semi-precious stone, rough shaped ranks 2532nd 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 Trends

Latest Data

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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 (2022)Hong Kong$649M
Top Destination (2022)India$970M

In 2022 Synthetic precious, semi-precious stone, rough shaped were the world's 1542nd most traded product (out of 4,648).

In 2022, the top exporters of Synthetic precious, semi-precious stone, rough shaped were Hong Kong ($649M), United Arab Emirates ($382M), United States ($294M), China ($270M), and India ($76M).

In 2022, the top importers of Synthetic precious, semi-precious stone, rough shaped were India ($970M), Hong Kong ($357M), United Arab Emirates ($352M), China ($36.7M), and Belgium ($35.8M).

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Exporters of Synthetic precious, semi-precious stone, rough shaped (2022)
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Importers of Synthetic precious, semi-precious stone, rough shaped (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$197M
Top Destination Growth (2021 -  2022)United Arab Emirates$199M

Between 2021 and 2022, the exports of Synthetic precious, semi-precious stone, rough shaped grew the fastest in United States ($197M), United Arab Emirates ($193M), Thailand ($20.9M), Israel ($14.2M), and France ($6.42M).

Between 2021 and 2022, the fastest growing importers of Synthetic precious, semi-precious stone, rough shaped were United Arab Emirates ($199M), Hong Kong ($13.3M), United States ($10.1M), Thailand ($8.62M), and Vietnam ($7.91M).

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Exporters of Synthetic precious, semi-precious stone, rough shaped (2021 - 2022)

Importers of Synthetic precious, semi-precious stone, rough shaped (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Synthetic precious, semi-precious stone, rough shaped are explained by 7 countries.

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

Net Trade

TOP NET EXPORTER (2022)Hong Kong$292M
TOP NET IMPORTER (2022)India$894M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Synthetic precious, semi-precious stone, rough shaped were Hong Kong ($292M), United States ($266M), China ($234M), United Arab Emirates ($30.4M), and Israel ($27.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Synthetic precious, semi-precious stone, rough shaped were India ($894M), Vietnam ($8.41M), Mauritius ($6.65M), Ireland ($5.72M), and Netherlands ($4.83M).

Net Trade (2022)

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 (2022)

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