Goldsmith and silversmith wares trade by country: top importers, exporters and prices
World trade in goldsmith and silversmith wares was worth $2.07 billion in 2024, about 1.2 thousand tonnes. That is a fall of 27% since 2017, and up 71% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.07B | 1.2K t |
| 2023 | $1.21B | 1.5K t |
| 2022 | $1.31B | 1.5K t |
| 2021 | $1.30B | 1.2K t |
| 2020 | $3.91B | 1.2K t |
| 2019 | $2.14B | 1.5K t |
| 2018 | $842.7M | 1.3K t |
| 2017 | $2.82B | 3.8K t |
Top goldsmith and silversmith wares exporting countries
South Korea is the largest exporter with 31% of world exports, followed by Italy and China. The top three supply 65% between them, out of 130 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| South Korea | $632.2M | 31% |
| Italy | $392.9M | 19% |
| China | $314.5M | 15% |
| Turkey | $77.0M | 3.7% |
| Germany | $64.4M | 3.1% |
| United Kingdom | $54.4M | 2.6% |
| Malaysia | $52.9M | 2.6% |
| Japan | $47.4M | 2.3% |
| New Zealand | $45.8M | 2.2% |
| Hong Kong | $40.4M | 2% |
| Switzerland | $33.3M | 1.6% |
| France | $29.8M | 1.4% |
Top importing countries and buyer markets
Hong Kong is the biggest buyer with 46% of world imports, ahead of Turkey and the United States. Demand is concentrated: the top three take 66% across 168 importing countries.
| Importer | Value | Share |
|---|---|---|
| Hong Kong | $953.6M | 46% |
| Turkey | $337.4M | 16% |
| United States | $71.1M | 3.4% |
| United Arab Emirates | $59.9M | 2.9% |
| Taiwan | $51.9M | 2.5% |
| Switzerland | $49.9M | 2.4% |
| Malaysia | $49.1M | 2.4% |
| Germany | $47.9M | 2.3% |
| Japan | $38.8M | 1.9% |
| Israel | $31.4M | 1.5% |
| Singapore | $27.0M | 1.3% |
| Poland | $23.0M | 1.1% |
Average price per kg
The world average declared value was about $1,745.59 per kg in 2024. Among the main exporters, South Korea averaged $68,298.72 per kg and the United Kingdom $1,191.51 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal. HS 7114 codes.
Common questions
Which countries export the most goldsmith and silversmith wares?
South Korea exported $632.2 million in 2024, 31% of the world total, followed by Italy (19%) and China (15%). In all, 130 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most goldsmith and silversmith wares?
Hong Kong imported $953.6 million in 2024, 46% of world imports, ahead of Turkey (16%) and the United States (3%). The top three importers together take 66%. Each country with its own page is linked from the table.
How big is the world trade in goldsmith and silversmith wares?
It was worth $2.07 billion in 2024, about 1.2 thousand tonnes. That is a fall of 27% since 2017. The peak year was 2020 at $3.91 billion. 130 countries reported exports and 168 reported imports.
What is the average price of goldsmith and silversmith wares per kg?
The world average declared value was about $1,745.59 per kg in 2024. Among the main exporters, South Korea averaged $68,298.72 per kg and the United Kingdom $1,191.51 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for goldsmith and silversmith wares?
The HS code for goldsmith and silversmith wares is heading 7114, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 7114 page.
How can I find goldsmith and silversmith wares buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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