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Jewelry: top exporters and importers (2024)

In 2024, world trade in jewelry totaled $117.7 billion (12 thousand tonnes). The top exporters were Italy (15%), France (11%) and India (11%); the top importers were Hong Kong (16%), the United Arab Emirates (14%) and the United States (13%). Compared with 2019, the value rose 25%.

Summary

World trade
$117.7billion
Tonnes
12thousand tonnes
Price per tonne
$9,911,434
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Italy$17.1 billion · 14.5%
    see destinations
  2. France$12.9 billion · 11%
    see destinations
  3. India$12.9 billion · 10.9%
    see destinations
  4. China$10.6 billion · 9%
    see destinations
  5. Switzerland$9.4 billion · 8%
    see destinations
  6. Turkey$7.9 billion · 6.8%
    see destinations
  7. United States$7.4 billion · 6.3%
    see destinations
  8. Thailand$5.3 billion · 4.5%
    see destinations
  9. United Arab Emirates$4.9 billion · 4.2%
    see destinations
  10. Hong Kong$4.8 billion · 4%
    re-exports · see destinations
  11. Indonesia$3.3 billion · 2.8%
    see destinations
  12. Singapore$2.5 billion · 2.2%
    re-exports · see destinations
  13. United Kingdom$2.2 billion · 1.9%
    see destinations
  14. Malaysia$2 billion · 1.7%
    see destinations
  15. Germany$1.4 billion · 1.2%
  16. Jordan$956 million · 0.81%
  17. Armenia$906 million · 0.77%
  18. Japan$900 million · 0.76%
  19. Spain$686 million · 0.58%
  20. Taiwan$656 million · 0.56%

Top importers

  1. Hong Kong$18.6 billion · 15.8%
    re-exports · see sources
  2. United Arab Emirates$16.5 billion · 14%
    see sources
  3. United States$14.9 billion · 12.7%
    see sources
  4. Switzerland$9.1 billion · 7.7%
    see sources
  5. Turkey$6.6 billion · 5.6%
    see sources
  6. France$5.2 billion · 4.4%
    see sources
  7. Singapore$4.4 billion · 3.7%
    re-exports · see sources
  8. Japan$3.4 billion · 2.9%
    see sources
  9. China$3.3 billion · 2.8%
    see sources
  10. United Kingdom$2.7 billion · 2.3%
    see sources
  11. India$2.6 billion · 2.2%
    see sources
  12. Italy$2.5 billion · 2.1%
    see sources
  13. Germany$2.1 billion · 1.8%
    see sources
  14. Saudi Arabia$1.6 billion · 1.4%
    see sources
  15. Malaysia$1.3 billion · 1.1%
  16. Kuwait$1.3 billion · 1.1%
  17. Canada$1.2 billion · 1.1%
  18. Macao$1.2 billion · 1%
  19. Netherlands$1.2 billion · 1%
    re-exports
  20. Australia$1.2 billion · 1%

Trend

Who sells it

Italy has been the top exporter since 2024

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

  • Italy 17.1
  • France 12.9
  • India 12.9
  • China 10.6
  • Switzerland 9.4

Source: CEPII BACI

Show the numbers
Country19952024
Italy3.817.1
France0.6312.9
India0.5712.9
China0.2610.6
Switzerland1.29.4

Price

Implied price

The price per tonne rose 701% since 1996

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $9,911,434

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995—
1996$1,237,152
1997—
1998—
1999—
2000$1,108,459
2001$826,928
2002$202,741
2003$1,467,730
2004$499,868
2005$1,870,484
2006$1,922,244
2007$1,191,424
2008$2,905,885
2009$2,987,170
2010$4,017,117
2011$2,980,104
2012$5,606,015
2013$5,859,299
2014$1,067,883
2015$4,022,238
2016$4,364,730
2017$5,700,235
2018$6,012,324
2019$7,281,958
2020$6,867,358
2021$8,013,167
2022$8,121,064
2023$8,963,501
2024$9,911,434

What it includes

  • 7113 · Jewelry

Products in the same chapter

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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