Jewelry Exports by Country

Jewelry exports

Jewelry exports

Global sales from jewelry exports by country amounted to US$95.3 billion in 2016.

Overall, the value of jewelry exports were down by an average -15.3% for all exporting countries since 2012 when jewelry shipments were valued at $112.5 billion. Year over year, the value of global jewelry exports dipped -11.8% from 2015 to 2016.

Among continents, Asian countries generated the highest dollar worth of jewelry exports during 2016 with shipments valued at $53.8 billion or 56.5% of the global total. In second place were European exporters at 31.2% while 11% of worldwide jewelry shipments originated from North America with just 0.2% coming from Africa.

The 4-digit Harmonized Tariff System code prefix for jewelry is 7113.

Jewelry Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of jewelry during 2016:

  1. China: US$13.3 billion (13.9% of total jewelry exports)
  2. India: $12.6 billion (13.2%)
  3. Switzerland: $11 billion (11.6%)
  4. United States: $9.9 billion (10.3%)
  5. Italy: $6 billion (6.3%)
  6. Hong Kong: $6 billion (6.3%)
  7. United Kingdom: $4.9 billion (5.1%)
  8. France: $4.7 billion (4.9%)
  9. Indonesia: $4.1 billion (4.3%)
  10. Turkey: $3.8 billion (3.9%)
  11. Thailand: $3.5 billion (3.7%)
  12. Singapore: $2.9 billion (3.1%)
  13. Japan: $2.3 billion (2.4%)
  14. United Arab Emirates: $2 billion (2.1%)
  15. Germany: $1.8 billion (1.9%)

The listed 15 countries shipped 93.2% of global exports in 2016 by value.

Among the above countries, the fastest-growing jewelry exporters since 2012 were: Indonesia (up 2,490%), Japan (up 99%), Germany (up 53.1%) and France (up 43.6%).

Those countries that posted declines in their exported sales were led by: United Arab Emirates (down -82.8%), China (down -41.9%), India (down -31%), Hong Kong (down -9.4%) and Singapore (down -9.2%).

Advantages

The following countries posted the highest positive net exports for jewelry during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s jewelry exports and its import purchases for that same commodity.

  1. China: US$12.3 billion (net export surplus down -45% since 2012)
  2. India: $12.2 billion (down -6.5%)
  3. Italy: $4.5 billion (down -8.1%)
  4. Indonesia: $4.1 billion (up 2,676%)
  5. Turkey: $3.4 billion (up 55.2%)
  6. Thailand: $3 billion (down -0.6%)
  7. Switzerland: $2.1 billion (down -293.8%)
  8. United Kingdom: $1.3 billion (up 2.3%)
  9. Malaysia: $1.2 billion (down -24.6%)
  10. United States: $798.4 million (down -36.6%)
  11. France: $588.3 million (up 79%)
  12. Japan: $446.7 million (down -177.7%)
  13. Germany: $389.7 million (down -223.8%)
  14. Bolivia: $149.4 million (up 121.5%)
  15. Vietnam: $144.8 million (down -51.3%)

China has the highest surplus in the international trade of jewelry. In turn, this positive cashflow confirms strong Chinese competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for jewelry during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s jewelry import purchases and its exports for that same commodity.

  1. United Arab Emirates: -US$11.4 billion (net export deficit down -548.9% since 2012)
  2. Hong Kong: -$5.3 billion (up 1.4%)
  3. Qatar: -$826.4 million (up 111.1%)
  4. Canada: -$710.5 million (down -10.2%)
  5. Macao: -$639.6 million (down -33.3%)
  6. Australia: -$598.1 million (up 56.5%)
  7. Kuwait: -$595.7 million (up 192.9%)
  8. Iraq: -$548.6 million (down -64.6%)
  9. Iran: -$422.1 million (down -90%)
  10. Oman: -$348.1 million (up 53.3%)
  11. Saudi Arabia: -$330.2 million (down -1066.7%)
  12. Singapore: -$298.8 million (down -66.2%)
  13. Taiwan: -$284.6 million (up 26.1%)
  14. St Maarten (Dutch part): -$247.9 million (up 27.9%)
  15. Netherlands: -$169.6 million (up 134.6%)

The United Arab Emirates incurred the highest deficit in the international trade of jewelry. In turn, this negative cashflow highlights the UAE’s strong competitive disadvantage for this specific product category but also signals opportunities for jewelry-supplying countries that help satisfy the powerful demand.

Companies

Jewelry Exporting Companies

Below are jewelry companies that represent players in the worldwide jewelry market trade. Shown within parenthesis is the country where the company is based.

  • Amrapali Jewels (India)
  • Buckley Jewellery Ltd (United Kingdom)
  • Curtis Australia (Australia)
  • F. Hinds (United Kingdom)
  • Fuqi International (China)
  • Gili Jewellery (India)
  • House of Chaumet (France)
  • Joyalukkas (India)
  • Links of London (United Kingdom)
  • Liquidation Channel (United States)
  • Napier Company (United States)
  • ORRA Jewellery (India)
  • Qeelin (Hong Kong)
  • Shree Ganesh Jewellery House (India)
  • Tacori (United States)
  • The Giving Keys (United States)
  • The Jewellery Channel (United Kingdom)
  • Vaibhav Global (India)
  • WonderLuk (United Kingdom)


 

Searchable List of Jewelry Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankExporter2016 Jewelry Exports% World Total
1.ChinaUS$13.3 billion13.9%
2.India$12.6 billion13.2%
3.Switzerland$11 billion11.6%
4.United States$9.9 billion10.3%
5.Italy$6 billion6.3%
6.Hong Kong$6 billion6.3%
7.United Kingdom$4.9 billion5.1%
8.France$4.7 billion4.9%
9.Indonesia$4.1 billion4.3%
10.Turkey$3.8 billion3.9%
11.Thailand$3.5 billion3.7%
12.Singapore$2.9 billion3.1%
13.Japan$2.3 billion2.4%
14.United Arab Emirates$2 billion2.1%
15.Germany$1.8 billion1.9%
16.Malaysia$1.4 billion1.5%
17.Mexico$430.5 million0.5%
18.Spain$369.2 million0.4%
19.Israel$295.9 million0.3%
20.Australia$292.1 million0.3%
21.Saudi Arabia$277.5 million0.3%
22.Qatar$268.2 million0.3%
23.Canada$238 million0.2%
24.Dominican Republic$234.7 million0.2%
25.South Korea$218.8 million0.2%
26.Belgium$212.4 million0.2%
27.Vietnam$191.4 million0.2%
28.Bolivia$150.6 million0.2%
29.Jordan$145.5 million0.2%
30.South Africa$120 million0.1%
31.Russia$116.4 million0.1%
32.Taiwan$112.1 million0.1%
33.Kuwait$107.5 million0.1%
34.Denmark$83.4 million0.1%
35.Barbados$81.8 million0.1%
36.Austria$80.1 million0.1%
37.Peru$77 million0.1%
38.Pakistan$60.3 million0.1%
39.Netherlands$58.6 million0.1%
40.Poland$55.6 million0.1%
41.Bahrain$51.5 million0.1%
42.Lebanon$49.4 million0.1%
43.Czech Republic$46.8 million0.05%
44.New Zealand$45.3 million0.05%
45.Greece$43.3 million0.05%
46.Kazakhstan$43 million0.05%
47.Latvia$39.9 million0.04%
48.Ireland$39.3 million0.04%
49.Portugal$35.5 million0.04%
50.Brazil$31.8 million0.03%
51.Philippines$29.6 million0.03%
52.British Virgin Is.$27.9 million0.03%
53.Oman$25.4 million0.03%
54.Mauritius$22.4 million0.02%
55.Armenia$18.2 million0.02%
56.Sri Lanka$15.6 million0.02%
57.Ukraine$15.1 million0.02%
58.Cyprus$15 million0.02%
59.Hungary$14.5 million0.02%
60.Sweden$12.7 million0.01%
61.Luxembourg$12.5 million0.01%
62.Curaçao$9.6 million0.01%
63.Panama$9.5 million0.01%
64.Saint Lucia$9.2 million0.01%
65.Lithuania$8.6 million0.01%
66.Azerbaijan$8.1 million0.01%
67.Seychelles$8 million0.01%
68.Myanmar (Burma)$7.2 million0.01%
69.Laos$7 million0.01%
70.Norway$6.8 million0.01%
71.Morocco$6.7 million0.01%
72.Egypt$6.6 million0.01%
73.Bulgaria$6.6 million0.01%
74.Yemen$6.4 million0.01%
75.Cambodia$5.9 million0.01%
76.Slovakia$5.6 million0.01%
77.Malta$5.4 million0.01%
78.Estonia$5.4 million0.01%
79.Colombia$5.2 million0.01%
80.Finland$4.8 million0.01%
81.Slovenia$3.8 million0.004%
82.Serbia$3.7 million0.004%
83.Bangladesh$3.7 million0.004%
84.Nepal$2.3 million0.002%
85.Albania$2.2 million0.002%
86.Croatia$2.2 million0.002%
87.Guatemala$1.7 million0.002%
88.Belize$1.7 million0.002%
89.Bahamas$1.6 million0.002%
90.Fiji$1.5 million0.002%
91.Kyrgyzstan$1.4 million0.001%
92.Tunisia$1.3 million0.001%
93.Kenya$828,0000.001%
94.Bosnia/Herzegovina$811,0000.001%
95.Botswana$764,0000.001%
96.Argentina$663,0000.001%
97.Nicaragua$620,0000.001%
98.Iraq$613,0000.001%
99.Antigua/Barbuda$602,0000.001%
100.Macao$523,0000.001%
101.Costa Rica$495,0000.001%
102.Namibia$478,0000.001%
103.Cayman Islands$458,0000.0005%
104.French Polynesia$412,0000.0004%
105.Chile$411,0000.0004%
106.Libya$362,0000.0004%
107.Georgia$359,0000.0004%
108.Côte d'Ivoire$287,0000.0003%
109.Zimbabwe$282,0000.0003%
110.Uruguay$274,0000.0003%
111.Venezuela$249,0000.0003%
112.Trinidad/Tobago$237,0000.0002%
113.Turkmenistan$235,0000.0002%
114.Montenegro$216,0000.0002%
115.Brunei Darussalam$191,0000.0002%
116.El Salvador$180,0000.0002%
117.Iceland$132,0000.0001%
118.Tanzania$131,0000.0001%
119.St Maarten (Dutch part)$102,0000.0001%
120.Aruba$79,0000.0001%
121.Haiti$67,0000.0001%
122.US Minor Outlying Is.$63,0000.0001%
123.Ethiopia$62,0000.0001%
124.Djibouti$62,0000.0001%
125.Iran$54,0000.0001%
126.Macedonia$54,0000.0001%
127.Saint Kitts/Nevis$53,0000.0001%
128.Ecuador$53,0000.0001%
129.Angola$46,0000.00005%
130.Swaziland$44,0000.00005%
131.Uzbekistan$44,0000.00005%
132.Turks/Caicos Is.$42,0000.00004%
133.Nigeria$42,0000.00004%
134.Andorra$37,0000.00004%
135.Afghanistan$37,0000.00004%
136.Gibraltar$36,0000.00004%
137.Zambia$36,0000.00004%
138.Jamaica$35,0000.00004%
139.South Sudan$34,0000.00004%
140.Moldova$31,0000.00003%
141.Niger$24,0000.00003%
142.North Korea$24,0000.00003%
143.Dominica$23,0000.00002%
144.New Caledonia$22,0000.00002%
145.Paraguay$21,0000.00002%
146.Palestine$18,0000.00002%
147.Cocos (Keeling) Is.$17,0000.00002%
148.Tajikistan$15,0000.00002%
149.Mozambique$14,0000.00001%
150.Togo$13,0000.00001%
151.Cook Islands$10,0000.00001%
152.Algeria$10,0000.00001%
153.Grenada$9,0000.00001%
154.Eritrea$8,0000.00001%
155.Suriname$8,0000.00001%
156.Tokelau$7,0000.00001%
157.Syria$5,0000.00001%
158.Ghana$5,0000.00001%
159.Honduras$5,0000.00001%
160.Timor-Leste$5,0000.00001%
161.Mongolia$3,0000.000003%
162.Mali$3,0000.000003%
163.Northern Mariana Is.$2,0000.000002%
164.Bonaire/St Eustatius/Saba$2,0000.000002%
165.Br. Indian Ocean Terr.$2,0000.000002%
166.Christmas Island$2,0000.000002%
167.Gabon$1,0000.000001%
168.Liberia$1,0000.000001%
169.Madagascar$1,0000.000001%
170.Sao Tome/Principe$1,0000.000001%
171.Burkina Faso$1,0000.000001%

 
See also Gold Exports by Country, Hearing Aids Importers by Country and Silver Exports by Country

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on June 1, 2017

Trade Map, International Trade Centre. Accessed on June 1, 2017

Investopedia, Net Exports Definition. Accessed on June 1, 2017

Wikipedia, Category:Jewellery companies. Accessed on June 1, 2017