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Who buys Singapore’s jewelry? Export destinations 2024

In 2024, Singapore exported $2.5 billion of jewelry (49 tonnes), 2.2% of the world total. Its main destinations were the United Arab Emirates (30%), Hong Kong (12%) and Qatar (12%). Singapore was the world’s 12th-largest exporter of jewelry.

Summary

Value
$2.5billion
Tonnes
49tonnes
Share of world total
2.2%
World rank
12th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United Arab Emirates769Tonnes: 11USD per tonne: $72,053,83330.3%Air
Hong Kong re-exports317Tonnes: 2USD per tonne: $167,726,22912.5%Air
Qatar300Tonnes: 4USD per tonne: $74,485,91011.8%Air
Switzerland247Tonnes: 1USD per tonne: $318,254,6869.7%Air
Bangladesh218Tonnes: 3USD per tonne: $70,227,8448.6%Air
United States205Tonnes: 3USD per tonne: $69,137,1548.1%Air
Malaysia166Tonnes: 7USD per tonne: $25,315,3326.5%Air
Vietnam108Tonnes: 1USD per tonne: $95,429,2914.2%Air
Oman51.8Tonnes: 1USD per tonne: $72,387,5642%Air
Australia38.8Tonnes: 2USD per tonne: $23,031,3241.5%Air
Thailand23Tonnes: 2USD per tonne: $14,553,2850.9%Air
Italy15.6Tonnes: 1USD per tonne: $25,178,2000.62%Air
Canada14.7Tonnes: 0USD per tonne: $36,371,5420.58%Air
United Kingdom11.2Tonnes: 0USD per tonne: $43,980,3020.44%Air
Saudi Arabia11Tonnes: 0USD per tonne: $25,199,7390.43%Air
Germany8Tonnes: 0USD per tonne: $50,676,2910.32%Air
Mongolia5Tonnes: 0USD per tonne: $76,503,8150.2%Air
China4.5Tonnes: 0USD per tonne: $13,930,1390.18%Air
Brunei4Tonnes: 0USD per tonne: $13,756,0610.16%Air
Fiji2.8Tonnes: 0USD per tonne: $39,758,8030.11%Air

Trend

Who it sells to

The United Arab Emirates has been its main destination since 2021

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

  • United Arab Emirates 0.77
  • Hong Kong 0.32
  • Qatar 0.3
  • Switzerland 0.25
  • Bangladesh 0.22

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates0.040.77
Hong Kong0.030.32
Qatar00.3
Switzerland0.010.25
Bangladesh< 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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