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Synthetic, reconstructed precious, semi-precious stone worked, graded or not, not strung or mounted, set; ungraded synthetic, reconstructed precious, semi-precious stones, temporarily strung for transport

7104 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.35BRnk 517 / 1217
2023
Top Exporter | Top Importer $2.05B | $1.29BIndia | United States
2023
Product Complexity -0.014Rnk 577 / 1044
2022 - 2023
Export Growth (CAGR) -6.95%Rnk 640 / 1217
2023
Share of World Trade 0.024%Rnk 517 / 1217

About

Overview This page contains the latest trade data of Synthetic Reconstructed Jewellery Stones. In 2023, Synthetic Reconstructed Jewellery Stones were the world's 517th most traded product, with a total trade of $5.35B. Between 2022 and 2023 the exports of Synthetic Reconstructed Jewellery Stones decreased by -6.95%, from $5.75B to $5.35B. Trade in Synthetic Reconstructed Jewellery Stones represent 0.024% of total world trade.

Synthetic Reconstructed Jewellery Stones are a part of Precious stones, metals, & pearls. They include Synthetic precious or semi-precious stones, worked ne, Synthetic precious, semi-precious stone, rough shaped, and Piezo-electric quartz.

Exports In 2023 the top exporters of Synthetic Reconstructed Jewellery Stones  were India ($2.05B), China ($981M), United States ($836M), Hong Kong ($539M), and United Arab Emirates ($340M).

Imports In 2023 the top importers of Synthetic Reconstructed Jewellery Stones were United States ($1.29B), India ($1.22B), United Arab Emirates ($896M), Hong Kong ($870M), and Thailand ($200M).

Ranking Synthetic Reconstructed Jewellery Stones ranks 577th in the Product Complexity Index (PCI).

Description Precious and semi-precious stones are used in jewelry, as well as other products. They can be made from a variety of materials, including gold, silver, and diamonds.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Synthetic Reconstructed Jewellery Stones. 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)India$2.05B
Top Destination (2023)United States$1.29B

In 2023 Synthetic Reconstructed Jewellery Stones were the world's 517th most traded product (out of 1,217).

In 2023, the top exporters of Synthetic Reconstructed Jewellery Stones were India ($2.05B), China ($981M), United States ($836M), Hong Kong ($539M), and United Arab Emirates ($340M).

In 2023, the top importers of Synthetic Reconstructed Jewellery Stones were United States ($1.29B), India ($1.22B), United Arab Emirates ($896M), Hong Kong ($870M), and Thailand ($200M).

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Exporters of Synthetic Reconstructed Jewellery Stones (2023)
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Importers of Synthetic Reconstructed Jewellery Stones (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$164M
Top Destination Growth (2022 -  2023)United Arab Emirates$116M

Between 2022 and 2023, the exports of Synthetic Reconstructed Jewellery Stones grew the fastest in United States ($164M), China ($101M), Armenia ($24.9M), United Kingdom ($19.7M), and Thailand ($16.1M).

Between 2022 and 2023, the fastest growing importers of Synthetic Reconstructed Jewellery Stones were United Arab Emirates ($116M), Thailand ($65.4M), Ireland ($35.2M), Armenia ($28.8M), and India ($22.3M).

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Exporters of Synthetic Reconstructed Jewellery Stones (2022 - 2023)

Importers of Synthetic Reconstructed Jewellery Stones (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic Reconstructed Jewellery Stones.

In 2023, market concentration measured using Shannon Entropy, was 2.83. This means that most of the exports of Synthetic Reconstructed Jewellery Stones are explained by 7 countries.

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Value of Exports in Synthetic Reconstructed Jewellery Stones

Net Trade

TOP NET EXPORTER (2023)China$849M
TOP NET IMPORTER (2023)United Arab Emirates$556M

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

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic Reconstructed Jewellery Stones were China ($849M), India ($830M), Austria ($18.3M), Israel ($18.2M), and Russia ($8.94M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic Reconstructed Jewellery Stones were United Arab Emirates ($556M), United States ($450M), Hong Kong ($331M), Thailand ($126M), and Canada ($37.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Synthetic Reconstructed Jewellery Stones, disaggragated by their HS6 level were Synthetic precious or semi-precious stones, worked... ($2.93B), Synthetic precious, semi-precious stone, rough shaped ($2.33B), and Piezo-electric quartz ($83.6M)

HS6 Disaggregation for Synthetic Reconstructed Jewellery Stones (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Synthetic Reconstructed Jewellery Stones by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $9.91M
TOP IMPORT POTENTIALChina+ $30.3M

Synthetic Reconstructed Jewellery Stones’s highest export potential is China. With an export gap of $9.91M.  Synthetic Reconstructed Jewellery Stones’s highest import potential is China with an import gap of $30.3M.

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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 Synthetic Reconstructed Jewellery Stones 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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