Jewelry Exports by Country

Jewelry exports

Jewelry exports

Global sales from jewelry exports by country amounted to US$92.6 billion in 2017.

Overall, the value of jewelry exports fell by an average -17.8% for all exporting countries since 2013 when jewelry shipments were valued at $112.6 billion. Year over year, the value of global jewelry exports slowed by -11.5% from 2016 to 2017.

Among continents, Asian countries generated the highest dollar worth of jewelry exports during 2017 with shipments valued at $49.3 billion or 53.2% of the global total. In second place were European exporters at 33.7% while 11.7% of worldwide jewelry shipments originated from North America.

Smaller percentages came from Latin America excluding Mexico plus the Caribbean (0.6%), Oceania (0.5%) and Africa (0.2%).

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 2017:

  1. Switzerland: US$11.2 billion (12.1% of total jewelry exports)
  2. China: $11.1 billion (12%)
  3. United States: $10.3 billion (11.1%)
  4. India: $9.8 billion (10.6%)
  5. Italy: $7 billion (7.5%)
  6. Hong Kong: $6.2 billion (6.7%)
  7. France: $5 billion (5.4%)
  8. United Kingdom: $4.7 billion (5.1%)
  9. United Arab Emirates: $4.3 billion (4.7%)
  10. Turkey: $4.1 billion (4.5%)
  11. Thailand: $3.7 billion (4%)
  12. Indonesia: $2.6 billion (2.9%)
  13. Singapore: $2.2 billion (2.4%)
  14. Germany: $2 billion (2.2%)
  15. Japan: $1.7 billion (1.8%)

The listed 15 countries shipped 92.9% of global jewelry exports in 2017 by value.

Among the above countries, the fastest-growing jewelry exporters since 2013 were: Indonesia (up 1,387%), Japan (up 109%), Germany (up 34.1%) and France (up 29.8%).

Those countries that posted declines in their exported jewelry sales were led by: China (down -61.7%), United Arab Emirates (down -53.1%), Singapore (down -34.4%), Hong Kong (down -11.9%) and India (down -7.2%).

Advantages

The following countries posted the highest positive net exports for jewelry during 2017. 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$10.2 billion (net export surplus down -64.2% since 2013)
  2. India: $9.2 billion (down -5.9%)
  3. Italy: $5 billion (down -13.4%)
  4. Turkey: $3.6 billion (up 33.2%)
  5. Thailand: $3 billion (down -2.4%)
  6. Indonesia: $2.6 billion (up 1,430%)
  7. United Kingdom: $1.6 billion (up 264%)
  8. Malaysia: $1.1 billion (down -38.3%)
  9. United States: $1.1 billion (down -48%)
  10. France: $622.9 million (up 209.7%)
  11. Germany: $372.1 million (reversing a -$2.1 million deficit)
  12. Vietnam: $130.2 million (down -25.2%)
  13. Bolivia: $96.8 million (down -20.3%)
  14. South Africa: $83.6 million (reversing a -$13.5 million deficit)
  15. Switzerland: $37.5 million (down -82.8%)

China and India have the highest surplus in the international trade of jewelry. In turn, this positive cashflow confirms the countries’ competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for jewelry during 2017. 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$6.4 billion (net export deficit up 25,148% since 2013)
  2. Hong Kong: -$5.9 billion (up 14.1%)
  3. Qatar: -$1.1 billion (up 171.5%)
  4. Iraq: -$961.9 million (down -54%)
  5. Canada: -$700.3 million (down -19%)
  6. Kuwait: -$630.4 million (up 138.6%)
  7. Australia: -$574.9 million (up 20.8%)
  8. Macao: -$453.8 million (down -55.9%)
  9. Saudi Arabia: -$437.8 million (reversing a $93.3 million surplus)
  10. Singapore: -$377.7 million (down -19.7%)
  11. Oman: -$367.3 million (down -2.7%)
  12. Taiwan: -$298.8 million (up 67.4%)
  13. Netherlands: -$253.6 million (up 151.3%)
  14. Japan: -$243 million (down -70.8%)
  15. Dominican Republic: -$218.3 million (reversing a $75.4 million surplus)

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 powerful consumer 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.

RankExporter2017 Jewelry Exports% World Total
1.SwitzerlandUS$11.2 billion12.1%
2.China$11.1 billion12%
3.United States$10.3 billion11.1%
4.India$9.8 billion10.6%
5.Italy$7 billion7.5%
6.Hong Kong$6.2 billion6.7%
7.France$5 billion5.4%
8.United Kingdom$4.7 billion5.1%
9.United Arab Emirates$4.3 billion4.7%
10.Turkey$4.1 billion4.5%
11.Thailand$3.7 billion4%
12.Indonesia$2.6 billion2.9%
13.Singapore$2.2 billion2.4%
14.Germany$2 billion2.2%
15.Japan$1.7 billion1.8%
16.Malaysia$1.3 billion1.4%
17.Australia$405.4 million0.4%
18.Spain$397.1 million0.4%
19.Saudi Arabia$391.2 million0.4%
20.Mexico$297.5 million0.3%
21.Canada$259.7 million0.3%
22.South Korea$242.2 million0.3%
23.Israel$233 million0.3%
24.Belgium$217.9 million0.2%
25.Macao$200.9 million0.2%
26.Dominican Republic$200.8 million0.2%
27.Vietnam$188.5 million0.2%
28.Jordan$140.6 million0.2%
29.Bolivia$139 million0.2%
30.Taiwan$136.8 million0.1%
31.South Africa$132.6 million0.1%
32.Peru$105.9 million0.1%
33.Bahrain$100.4 million0.1%
34.Qatar$95.8 million0.1%
35.Kuwait$90.7 million0.1%
36.Austria$89.8 million0.1%
37.Denmark$85.2 million0.1%
38.Russia$83.1 million0.1%
39.Netherlands$77.3 million0.1%
40.Czech Republic$70.3 million0.1%
41.Lebanon$61.8 million0.1%
42.Portugal$56.4 million0.1%
43.Greece$53 million0.1%
44.Kazakhstan$42.1 million0.05%
45.Cyprus$41.6 million0.04%
46.Poland$40.7 million0.04%
47.Mauritius$39.8 million0.04%
48.Ireland$38.1 million0.04%
49.Brazil$30.9 million0.03%
50.Curaçao$29.6 million0.03%
51.British Virgin Is$27.3 million0.03%
52.New Zealand$26.4 million0.03%
53.Panama$25.7 million0.03%
54.Latvia$20.7 million0.02%
55.Philippines$20.5 million0.02%
56.Sri Lanka$19.5 million0.02%
57.Barbados$19 million0.02%
58.Sweden$17.5 million0.02%
59.Oman$16.4 million0.02%
60.Brunei Darussalam$14.6 million0.02%
61.Luxembourg$12.7 million0.01%
62.Seychelles$11.6 million0.01%
63.Armenia$10 million0.01%
64.Lithuania$8.6 million0.01%
65.Jamaica$7.9 million0.01%
66.Slovakia$7.6 million0.01%
67.Laos$7.1 million0.01%
68.Malta$6.7 million0.01%
69.Hungary$6.7 million0.01%
70.Yemen$6.2 million0.01%
71.Bulgaria$5.6 million0.01%
72.Colombia$5.5 million0.01%
73.Morocco$5.5 million0.01%
74.Norway$5.3 million0.01%
75.Myanmar$5.1 million0.01%
76.Slovenia$4.9 million0.01%
77.Azerbaijan$4.9 million0.01%
78.Serbia$4.5 million0.005%
79.Pakistan$4.5 million0.005%
80.Bahamas$4.3 million0.005%
81.Finland$4 million0.004%
82.Bangladesh$3.9 million0.004%
83.Estonia$3.7 million0.004%
84.Argentina$2.7 million0.003%
85.Niger$2.3 million0.002%
86.Iraq$2.2 million0.002%
87.Zimbabwe$1.8 million0.002%
88.Ukraine$1.7 million0.002%
89.Antigua/Barbuda$1.7 million0.002%
90.Nepal$1.5 million0.002%
91.Guatemala$1.5 million0.002%
92.Croatia$1.4 million0.002%
93.Tunisia$1.4 million0.001%
94.Cambodia$1.3 million0.001%
95.Belize$959,0000.001%
96.Kyrgyzstan$943,0000.001%
97.Chile$867,0000.001%
98.US Minor Outlying Is$828,0000.001%
99.Belarus$725,0000.001%
100.Nicaragua$630,0000.001%
101.Bosnia/Herzegovina$616,0000.001%
102.Costa Rica$604,0000.001%
103.Georgia$592,0000.001%
104.Aruba$586,0000.001%
105.Zambia$480,0000.001%
106.Uruguay$373,0000.0004%
107.Fiji$357,0000.0004%
108.Venezuela$356,0000.0004%
109.Namibia$342,0000.0004%
110.St Maarten (Dutch)$337,0000.0004%
111.Côte d'Ivoire$297,0000.0003%
112.Trinidad/Tobago$294,0000.0003%
113.Cayman Islands$264,0000.0003%
114.Saint Lucia$257,0000.0003%
115.El Salvador$253,0000.0003%
116.Tajikistan$239,0000.0003%
117.Tanzania$223,0000.0002%
118.Gibraltar$200,0000.0002%
119.Afghanistan$182,0000.0002%
120.Iran$167,0000.0002%
121.Libya$162,0000.0002%
122.French Polynesia$162,0000.0002%
123.Ecuador$148,0000.0002%
124.Andorra$142,0000.0002%
125.Iceland$129,0000.0001%
126.Turks/Caicos Islands$129,0000.0001%
127.Saint Kitts/Nevis$114,0000.0001%
128.Ghana$79,0000.0001%
129.Cameroon$65,0000.0001%
130.Ethiopia$63,0000.0001%
131.Tokelau$62,0000.0001%
132.Madagascar$60,0000.0001%
133.Botswana$54,0000.0001%
134.Swaziland$46,0000.00005%
135.Syria$45,0000.00005%
136.Togo$43,0000.00005%
137.Angola$41,0000.00004%
138.Bermuda$40,0000.00004%
139.New Caledonia$30,0000.00003%
140.Greenland$27,0000.00003%
141.Northern Mariana Is$26,0000.00003%
142.Maldives$22,0000.00002%
143.Cocos (Keeling) Is$20,0000.00002%
144.Liberia$19,0000.00002%
145.Papua New Guinea$18,0000.00002%
146.Kenya$13,0000.00001%
147.Democ. Rep. Congo$13,0000.00001%
148.Eritrea$12,0000.00001%
149.Saint Helena$12,0000.00001%
150.Cook Islands$11,0000.00001%
151.Honduras$11,0000.00001%
152.Moldova$11,0000.00001%
153.Guyana$9,0000.00001%
154.Suriname$9,0000.00001%
155.Sierra Leone$8,0000.00001%
156.Paraguay$6,0000.00001%
157.Congo$6,0000.00001%
158.Mozambique$4,0000.000004%
159.Sudan$4,0000.000004%
160.Senegal$3,0000.000003%
161.Turkmenistan$2,0000.000002%
162.Micronesia$2,0000.000002%
163.Palau$2,0000.000002%
164.Grenada$2,0000.000002%
165.Cuba$1,0000.000001%
166.Cabo Verde$1,0000.000001%
167.Mongolia$1,0000.000001%
168.North Korea$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 May 28, 2018

Trade Map, International Trade Centre. Accessed on May 28, 2018

Investopedia, Net Exports Definition. Accessed on May 28, 2018

Wikipedia, Category:Jewellery companies. Accessed on May 28, 2018