Overall, the value of jewelry exports rose by an average 0.2% for all exporting countries since 2015 when jewelry shipments were valued at $108 billion. Year over year, the value of exported jewelry decreased by -2.3% from 2018 to 2019.
Among continents, Asian countries sold the highest dollar worth of jewelry exported during 2019 with shipments valued at $61.3 billion or 56.7% of the worldwide total. In second place were European exporters at 33% while 9.1% of international jewelry shipments originated from North America. Smaller percentages came from Latin America (0.5%) excluding Mexico plus the Caribbean, Oceania (0.4%) led by Australia, and Africa (0.3%).
For research purposes, 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 2019.
- India: US$13.4 billion (12.4% of total jewelry exports)
- China: $13.3 billion (12.3%)
- Switzerland: $11.7 billion (10.8%)
- United Arab Emirates: $10 billion (9.2%)
- United States: $9.2 billion (8.5%)
- Hong Kong: $7.9 billion (7.3%)
- Italy: $7.3 billion (6.7%)
- United Kingdom: $6.6 billion (6.1%)
- France: $6.6 billion (6.1%)
- Turkey: $5.1 billion (4.7%)
- Thailand: $3.7 billion (3.4%)
- Singapore: $2.5 billion (2.3%)
- Germany: $1.6 billion (1.5%)
- Malaysia: $1.4 billion (1.3%)
- Japan: $1.1 billion (1%)
The listed 15 countries shipped 93.6% of global jewelry exported in 2019 by value.
Among the top exporters, the fastest-growing jewelry exporters since 2015 were: France (up 47.4%), Turkey (up 35.8%), India (up 33.9%) and Hong Kong (up 16.6%).
Those countries that posted declines in their exported jewelry sales were led by: Japan (down -34.3%), China (down -28.7%), Malaysia (down -13.9%), Singapore (down -13.8%) and United Arab Emirates (down -9.3%).
Advantages
The following countries posted the highest positive net exports for jewelry during 2019. 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.
- India: US$12.8 billion (net export surplus up 38.2% since 2015)
- China: $10.9 billion (down -38.5%)
- Italy: $5.4 billion (up 14.3%)
- Turkey: $3.5 billion (up 4.1%)
- Thailand: $2.7 billion (down -14%)
- United Kingdom: $2 billion (down -9.3%)
- France: $1.4 billion (up 182.1%)
- Malaysia: $914.5 million (down -37.7%)
- Indonesia: $750.3 million (down -77.1%)
- United States: $362.6 million (down -78.1%)
- Zimbabwe: $160.4 million (reversing a -$161,000 deficit)
- Vietnam: $152.3 million (down -14%)
- Bolivia: $135.9 million (up 7%)
- Oman: $111.1 million (reversing a -$409.7 million deficit)
- South Africa: $103 million (up 251.2%)
Indian and China generated the highest surpluses in the international trade of jewelry. In turn, this positive cashflow confirms those countries’ competitive advantage for this specific product category.
Opportunities
The following countries posted the highest negative net exports for jewelry during 2019. 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.
- Hong Kong: -US$5.8 billion (net export deficit up 39.3% since 2015)
- Switzerland: -$4.9 billion (reversing a $1 million surplus)
- United Arab Emirates: -$4.2 billion (reversing a $3.8 million surplus)
- Iraq: -$1.4 billion (down -54.8%)
- Qatar: -$1.3 billion (up 248.4%)
- Saudi Arabia: -$1.03 billion (up 564.2%)
- Macao: -$1.01 billion (up 7.8%)
- Japan: -$940.1 million (up 2331.4%)
- Canada: -$656.6 million (down -11.5%)
- Australia: -$583.4 million (up 0.1%)
- Singapore: -$571 million (up 54%)
- Taiwan: -$472.6 million (up 42.8%)
- South Korea: -$407.6 million (up 233%)
- Dominican Republic: -$298.6 million (reversing a $167 million surplus)
- Libya: -$269.6 million (up 115.6%)
Overtaking the United Arab Emirates in 2018, Hong Kong incurred the highest deficit in the international trade of jewelry. In turn, this negative cashflow highlights Hong Kong’s strong competitive disadvantage for this specific product category but also signals opportunities for jewelry-supplying countries that help satisfy powerful consumer demand.
Companies
Jewelry Exporting Companies
Below are jewelry companies that represent players in the worldwide jewelry market trade. Shown within parenthesis is the country where the company is based.
- Amrapali Jewels (India)
- Buckley Jewellery Ltd (United Kingdom)
- Curtis Australia (Australia)
- F. Hinds (United Kingdom)
- Fuqi International (China)
- Gili Jewellery (India)
- House of Chaumet (France)
- Joyalukkas (India)
- Links of London (United Kingdom)
- Liquidation Channel (United States)
- Napier Company (United States)
- ORRA Jewellery (India)
- Qeelin (Hong Kong)
- Shree Ganesh Jewellery House (India)
- Tacori (United States)
- The Giving Keys (United States)
- The Jewellery Channel (United Kingdom)
- Vaibhav Global (India)
- WonderLuk (United Kingdom)
Searchable List of Jewelry Exporting Countries in 2019
You can change the presentation order by clicking the triangle icon at the top of any of the columns below. An entry of 0% in the right-most column means that no 2015 data was available.
| Rank | Exporter | Jewelry Exports (US$) | 2018-9 |
|---|---|---|---|
| 1. | India | $13,369,370,000 | +7.5% |
| 2. | China | $13,294,789,000 | -0.3% |
| 3. | Switzerland | $11,654,964,000 | -0.8% |
| 4. | United Arab Emirates | $9,963,520,000 | -36.4% |
| 5. | United States | $9,187,844,000 | -7.5% |
| 6. | Hong Kong | $7,854,573,000 | +10.6% |
| 7. | Italy | $7,302,283,000 | +3.4% |
| 8. | United Kingdom | $6,619,210,000 | +49% |
| 9. | France | $6,592,297,000 | +13.3% |
| 10. | Turkey | $5,102,492,000 | +15.6% |
| 11. | Thailand | $3,677,874,000 | -4.6% |
| 12. | Singapore | $2,452,223,000 | +3.7% |
| 13. | Germany | $1,625,720,000 | -17.5% |
| 14. | Malaysia | $1,442,713,000 | +4.8% |
| 15. | Japan | $1,074,573,000 | -20.4% |
| 16. | Indonesia | $833,949,000 | -58.7% |
| 17. | Qatar | $464,980,000 | +616.8% |
| 18. | Spain | $431,893,000 | -6.9% |
| 19. | Netherlands | $415,060,000 | +292.4% |
| 20. | Australia | $412,233,000 | +17.2% |
| 21. | Canada | $318,573,000 | -5.6% |
| 22. | Mexico | $296,275,000 | -14.6% |
| 23. | Belgium | $252,968,000 | -11.9% |
| 24. | Dominican Republic | $233,351,000 | -48.8% |
| 25. | Oman | $230,367,000 | +279.5% |
| 26. | Vietnam | $226,193,000 | -5% |
| 27. | Israel | $216,508,000 | -1.5% |
| 28. | South Korea | $178,590,000 | +5.9% |
| 29. | Zimbabwe | $160,686,000 | +134.2% |
| 30. | South Africa | $140,270,000 | -35% |
| 31. | Bolivia | $139,069,000 | +27% |
| 32. | Macao | $130,052,000 | 0% |
| 33. | Lebanon | $115,522,000 | +72.6% |
| 34. | Ireland | $107,414,000 | +141.8% |
| 35. | Peru | $103,446,000 | -8.3% |
| 36. | Taiwan | $98,563,000 | -17% |
| 37. | Russia | $96,837,000 | +16.3% |
| 38. | Austria | $86,338,000 | -42.6% |
| 39. | Jordan | $85,788,000 | -23.6% |
| 40. | Kazakhstan | $82,687,000 | +41.9% |
| 41. | Bahrain | $82,086,000 | -53.5% |
| 42. | Denmark | $78,932,000 | -9% |
| 43. | Czech Republic | $74,681,000 | -10.5% |
| 44. | Pakistan | $74,576,000 | +1,583% |
| 45. | Poland | $72,626,000 | +23.9% |
| 46. | Sri Lanka | $68,815,000 | +498.3% |
| 47. | Portugal | $54,373,000 | +26.9% |
| 48. | Greece | $50,044,000 | -12.1% |
| 49. | Kuwait | $46,875,000 | -26.4% |
| 50. | Armenia | $42,558,000 | +5.9% |
| 51. | Egypt | $34,782,000 | 0% |
| 52. | Brazil | $33,058,000 | +7.8% |
| 53. | Saudi Arabia | $30,930,000 | -90.8% |
| 54. | Sweden | $29,506,000 | +59.3% |
| 55. | New Zealand | $26,508,000 | +0.1% |
| 56. | Philippines | $25,309,000 | +5.5% |
| 57. | Bulgaria | $22,901,000 | +31.8% |
| 58. | Brunei Darussalam | $22,034,000 | +1,693% |
| 59. | Colombia | $20,752,000 | +365.4% |
| 60. | Ukraine | $18,492,000 | +853.2% |
| 61. | Barbados | $18,474,000 | -24.4% |
| 62. | Malta | $12,971,000 | +82.5% |
| 63. | Luxembourg | $11,329,000 | -19.1% |
| 64. | Iran | $8,895,000 | -75.4% |
| 65. | Mauritius | $8,794,000 | -13.3% |
| 66. | Aruba | $8,369,000 | +7.9% |
| 67. | Lithuania | $7,914,000 | -22.1% |
| 68. | Norway | $6,975,000 | -2.4% |
| 69. | Latvia | $6,872,000 | +0.7% |
| 70. | Slovenia | $6,579,000 | +17.8% |
| 71. | Myanmar (Burma) | $6,473,000 | +403.3% |
| 72. | Panama | $6,208,000 | -17.6% |
| 73. | Cambodia | $6,124,000 | +1,533% |
| 74. | Estonia | $5,965,000 | +6.9% |
| 75. | British Virgin Is | $5,770,000 | +2,728% |
| 76. | Morocco | $5,534,000 | +6.1% |
| 77. | Hungary | $5,493,000 | -12.1% |
| 78. | Cyprus | $4,763,000 | -53.3% |
| 79. | Slovakia | $4,686,000 | -18.1% |
| 80. | Finland | $4,461,000 | +3.7% |
| 81. | Montenegro | $4,340,000 | +2,114% |
| 82. | Nepal | $4,296,000 | +14.1% |
| 83. | Croatia | $3,659,000 | +126.6% |
| 84. | Niger | $2,987,000 | 0% |
| 85. | Laos | $2,774,000 | +12.5% |
| 86. | Serbia | $2,637,000 | -24% |
| 87. | Belize | $2,288,000 | +213.4% |
| 88. | Albania | $2,256,000 | 0% |
| 89. | Maldives | $1,773,000 | 0% |
| 90. | Seychelles | $1,680,000 | +740% |
| 91. | Romania | $1,480,000 | -8.3% |
| 92. | Iraq | $1,452,000 | -55.5% |
| 93. | Libya | $1,400,000 | -62.2% |
| 94. | Andorra | $1,336,000 | -30.3% |
| 95. | Tanzania | $1,213,000 | 0% |
| 96. | Belarus | $1,208,000 | 0% |
| 97. | Tunisia | $1,177,000 | -7.2% |
| 98. | Curaçao | $1,074,000 | -97.6% |
| 99. | Antigua/Barbuda | $1,061,000 | +8.2% |
| 100. | Chile | $1,043,000 | -19.5% |
| 101. | Nicaragua | $996,000 | -97.1% |
| 102. | US Minor Outlying Is | $776,000 | +119.2% |
| 103. | Bosnia/Herzegovina | $755,000 | +28.8% |
| 104. | Guatemala | $750,000 | -66.5% |
| 105. | Argentina | $670,000 | +222.1% |
| 106. | Ivory Coast | $638,000 | +3,653% |
| 107. | Wallis/Futuna Is | $576,000 | 0% |
| 108. | Zambia | $566,000 | +1,615% |
| 109. | Bahamas | $502,000 | -75.8% |
| 110. | El Salvador | $462,000 | +87% |
| 111. | French Polynesia | $433,000 | +42.4% |
| 112. | Azerbaijan | $397,000 | +1,103% |
| 113. | Uruguay | $390,000 | -39.6% |
| 114. | Cayman Islands | $377,000 | -21.3% |
| 115. | Botswana | $360,000 | +148.3% |
| 116. | Costa Rica | $348,000 | -36.5% |
| 117. | Turks/Caicos Is | $323,000 | +280% |
| 118. | Bermuda | $315,000 | +425% |
| 119. | Jamaica | $297,000 | -89.8% |
| 120. | Tokelau | $293,000 | +125.4% |
| 121. | Kyrgyzstan | $238,000 | +13.3% |
| 122. | Fiji | $227,000 | -62.8% |
| 123. | Tajikistan | $211,000 | +330.6% |
| 124. | Kenya | $210,000 | +3,400% |
| 125. | Georgia | $198,000 | -3.9% |
| 126. | Afghanistan | $191,000 | 0% |
| 127. | Uzbekistan | $189,000 | 0% |
| 128. | Trinidad/Tobago | $157,000 | -27.6% |
| 129. | Liberia | $136,000 | +2,167% |
| 130. | Angola | $86,000 | +83% |
| 131. | French S./Antarctic Terr | $84,000 | 0% |
| 132. | Namibia | $83,000 | -71.5% |
| 133. | Sierra Leone | $66,000 | 0% |
| 134. | Moldova | $60,000 | -42.3% |
| 135. | Iceland | $58,000 | -60.3% |
| 136. | Cameroon | $58,000 | -75.9% |
| 137. | Eswatini | $56,000 | +366.7% |
| 138. | Gibraltar | $49,000 | +1,125% |
| 139. | Mongolia | $43,000 | +330% |
| 140. | Chad | $41,000 | -95.5% |
| 141. | Ecuador | $41,000 | -26.8% |
| 142. | Dominica | $38,000 | +442.9% |
| 143. | Venezuela | $37,000 | -98.8% |
| 144. | Saint Lucia | $34,000 | +580% |
| 145. | Bangladesh | $34,000 | +88.9% |
| 146. | New Caledonia | $30,000 | -37.5% |
| 147. | Haiti | $28,000 | +1,300% |
| 148. | Honduras | $25,000 | 0% |
| 149. | Timor-Leste | $22,000 | +450% |
| 150. | Marshall Islands | $21,000 | 0% |
| 151. | Ghana | $19,000 | +35.7% |
| 152. | Turkmenistan | $17,000 | -76.1% |
| 153. | Uganda | $15,000 | +1,400% |
| 154. | Bhutan | $15,000 | 0% |
| 155. | Congo | $15,000 | +66.7% |
| 156. | Falkland Is (Malvinas) | $13,000 | 0% |
| 157. | Mauritania | $13,000 | 0% |
| 158. | Tonga | $13,000 | +333.3% |
| 159. | Suriname | $12,000 | 0% |
| 160. | Gambia | $12,000 | 0% |
| 161. | Mozambique | $11,000 | -31.3% |
| 162. | North Korea | $11,000 | +450% |
| 163. | Somalia | $11,000 | 0% |
| 164. | Sao Tome/Principe | $11,000 | 0% |
| 165. | Saint Kitts/Nevis | $9,000 | -88% |
| 166. | Malawi | $9,000 | 0% |
| 167. | Cook Islands | $8,000 | -11.1% |
| 168. | Eritrea | $6,000 | +50% |
| 169. | Papua New Guinea | $6,000 | -83.3% |
| 170. | Paraguay | $6,000 | 0% |
| 171. | Guinea | $5,000 | -99.9% |
| 172. | Syria | $5,000 | -99.9% |
| 173. | North Macedonia | $4,000 | 0% |
| 174. | Palestine | $3,000 | 0% |
| 175. | Ethiopia | $2,000 | -66.7% |
| 176. | Christmas Island | $2,000 | 0% |
| 177. | Algeria | $2,000 | +100% |
| 178. | Central African Rep | $2,000 | 0% |
| 179. | American Samoa | $1,000 | 0% |
| 180. | Greenland | $1,000 | 0% |
| 181. | Grenada | $1,000 | 0% |
| 182. | St Maarten (Dutch) | $1,000 | -96.4% |
| 183. | Madagascar | $1,000 | -95% |
| 184. | Samoa | $1,000 | 0% |
| 185. | Yemen | $1,000 | -99.9% |
| 186. | Togo | $1,000 | -96% |
| 187. | Anguilla | $1,000 | 0% |
| 188. | Rwanda | $1,000 | 0% |
| 189. | Senegal | $1,000 | -98.4% |
| 190. | Northern Mariana Is | $1,000 | -99% |
See also Gold Exports by Country, Hearing Aids Importers by Country and Silver Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Imports – Commodities. Accessed on May 22, 2019
Investopedia, Net Exports Definition. Accessed on May 22, 2019
International Trade Centre, Trade Map. Accessed on May 22, 2019
Wikipedia, Category:Jewellery companies. Accessed on May 28, 2019
