Precious metal jewelry trade by country: top importers, exporters and prices
World trade in precious metal jewelry was worth $122.03 billion in 2024, about 11.8 thousand tonnes. That is an increase of 54% since 2017, and up 2% 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 | $122.03B | 11.8K t |
| 2023 | $119.55B | 13.0K t |
| 2022 | $108.02B | 12.1K t |
| 2021 | $94.64B | 10.9K t |
| 2020 | $64.15B | 8.5K t |
| 2019 | $98.62B | 12.7K t |
| 2018 | $92.34B | 14.2K t |
| 2017 | $79.35B | 13.9K t |
Top precious metal jewelry exporting countries
Exports are led by Italy (14%), France (11%) and India (10%). 209 countries reported exports, and the top three account for 35%.
| Exporter | Value | Share |
|---|---|---|
| Italy | $16.66B | 14% |
| France | $12.99B | 11% |
| India | $12.51B | 10% |
| China | $11.48B | 9.4% |
| Switzerland | $11.23B | 9.2% |
| Turkey | $8.82B | 7.2% |
| United States | $8.27B | 6.8% |
| Thailand | $5.08B | 4.2% |
| United Arab Emirates | $4.92B | 4% |
| Hong Kong | $4.77B | 3.9% |
| Indonesia | $3.44B | 2.8% |
| Singapore | $2.57B | 2.1% |
Top importing countries and buyer markets
The largest importers are Hong Kong (16%), the United Arab Emirates (14%) and the United States (13%). 215 countries imported it, and the top three take 43% of the value.
| Importer | Value | Share |
|---|---|---|
| Hong Kong | $18.94B | 16% |
| United Arab Emirates | $16.51B | 14% |
| United States | $16.41B | 14% |
| Switzerland | $9.50B | 7.8% |
| Turkey | $6.64B | 5.4% |
| France | $5.22B | 4.3% |
| Singapore | $4.29B | 3.5% |
| China | $3.57B | 2.9% |
| Japan | $3.29B | 2.7% |
| United Kingdom | $2.87B | 2.4% |
| India | $2.59B | 2.1% |
| Germany | $2.25B | 1.9% |
Average price per kg
The world average declared value was about $10,377.42 per kg in 2024. Among the main exporters, Switzerland averaged $78,664.44 per kg and Thailand $2,985.27 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 7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal. HS 7113 codes.
Common questions
Which countries export the most precious metal jewelry?
Italy exported $16.66 billion in 2024, 14% of the world total, followed by France (11%) and India (10%). In all, 209 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most precious metal jewelry?
Hong Kong imported $18.94 billion in 2024, 16% of world imports, ahead of the United Arab Emirates (14%) and the United States (13%). The top three importers together take 43%. Each country with its own page is linked from the table.
How big is the world trade in precious metal jewelry?
It was worth $122.03 billion in 2024, about 11.8 thousand tonnes. That is an increase of 54% since 2017. 2024 was the highest year since 2017. 209 countries reported exports and 215 reported imports.
What is the average price of precious metal jewelry per kg?
The world average declared value was about $10,377.42 per kg in 2024. Among the main exporters, Switzerland averaged $78,664.44 per kg and Thailand $2,985.27 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 precious metal jewelry?
The HS code for precious metal jewelry is heading 7113, 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 7113 page.
How can I find precious metal jewelry 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.
See what your buyers are buying.Then decide.
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