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Who buys China’s jewelry? Export destinations 2024

In 2024, China exported $10.6 billion of jewelry (2 thousand tonnes), 9% of the world total. Hong Kong bought 69% of the total, followed by the United States (4%) and Switzerland (3%). China was the world’s 4th-largest exporter of jewelry.

Summary

Value
$10.6billion
Tonnes
2thousand tonnes
Share of world total
9%
World rank
4th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Hong Kong re-exports7.4Tonnes: 151USD per tonne: $48,922,75869.5%Land
United States0.47Tonnes: 222USD per tonne: $2,130,1114.4%Air
Switzerland0.33Tonnes: 15USD per tonne: $22,428,9583.1%Air
Singapore re-exports0.24Tonnes: 25USD per tonne: $9,725,6002.3%Air
Macao0.22Tonnes: 3USD per tonne: $65,111,5232.1%Air
United Arab Emirates0.21Tonnes: 9USD per tonne: $22,794,3222%Air
France0.2Tonnes: 100USD per tonne: $1,981,5701.9%Air
Thailand0.17Tonnes: 79USD per tonne: $2,156,1161.6%Air
Germany0.15Tonnes: 52USD per tonne: $2,805,4321.4%Air
United Kingdom0.12Tonnes: 124USD per tonne: $979,4851.2%Air
Australia0.12Tonnes: 14USD per tonne: $8,749,2851.1%Air
Saudi Arabia0.11Tonnes: 221USD per tonne: $491,7231%Air
Italy0.11Tonnes: 68USD per tonne: $1,596,2301%Air
Canada0.09Tonnes: 20USD per tonne: $4,746,7580.88%Air
Poland0.09Tonnes: 244USD per tonne: $353,6910.81%Air
Spain0.06Tonnes: 34USD per tonne: $1,719,0690.54%Air
Mexico0.06Tonnes: 15USD per tonne: $3,787,8750.54%Air
Taiwan0.05Tonnes: 13USD per tonne: $3,991,8390.49%Air
Malaysia0.05Tonnes: 83USD per tonne: $558,7330.44%Air
South Korea0.04Tonnes: 40USD per tonne: $887,0330.33%Air

Trend

Who it sells to

Hong Kong has been its main destination since 2017

Value in USD billions. The five largest destinations in 2024.

  • Hong Kong 7.4
  • United States 0.47
  • Switzerland 0.33
  • Singapore 0.24
  • Macao 0.22

Source: CEPII BACI

Show the numbers
Partner19952024
Hong Kong0.17.4
United States0.040.47
Switzerland< 0.010.33
Singapore0.050.24
Macao< 0.010.22

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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