Rough gemstones trade by country: top importers, exporters and prices
World trade in rough gemstones was worth $1.24 billion in 2024, about 192.6 thousand tonnes. That is a fall of 10% since 2017, and up 3% 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 | $1.24B | 192.6K t |
| 2023 | $1.21B | 170.9K t |
| 2022 | $1.27B | 194.9K t |
| 2021 | $835.7M | 135.8K t |
| 2020 | $415.2M | 78.7K t |
| 2019 | $905.1M | 93.0K t |
| 2018 | $1.11B | 72.0K t |
| 2017 | $1.39B | 70.9K t |
Top rough gemstones exporting countries
Zambia is the largest exporter with 17% of world exports, followed by Singapore and Myanmar. The top three supply 36% between them, out of 129 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Zambia | $208.7M | 17% |
| Singapore | $136.5M | 11% |
| Myanmar | $98.9M | 8% |
| Thailand | $87.7M | 7.1% |
| Brazil | $82.7M | 6.7% |
| Uruguay | $71.3M | 5.7% |
| China | $57.6M | 4.6% |
| Mozambique | $50.7M | 4.1% |
| Sri Lanka | $50.6M | 4.1% |
| Madagascar | $49.6M | 4% |
| Hong Kong | $48.2M | 3.9% |
| India | $32.3M | 2.6% |
Top importing countries and buyer markets
India is the biggest buyer with 28% of world imports, ahead of China and Hong Kong. Demand is concentrated: the top three take 70% across 154 importing countries.
| Importer | Value | Share |
|---|---|---|
| India | $352.9M | 28% |
| China | $323.6M | 26% |
| Hong Kong | $198.6M | 16% |
| Singapore | $89.2M | 7.2% |
| Thailand | $49.8M | 4% |
| United States | $46.9M | 3.8% |
| Australia | $32.6M | 2.6% |
| United Arab Emirates | $30.9M | 2.5% |
| Germany | $20.7M | 1.7% |
| Italy | $10.0M | 0.8% |
| Israel | $9.3M | 0.8% |
| Brazil | $7.6M | 0.6% |
Average price per kg
The world average declared value was about $6.46 per kg in 2024. Among the main exporters, Singapore averaged $9,739.81 per kg and Uruguay $1.48 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.
Related product types
Who is behind these numbers in this market?
The shipment records behind Rough gemstones (HS 7103.10) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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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 7103.10: Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set. HS 7103 codes.
Common questions
Which countries export the most rough gemstones?
Zambia exported $208.7 million in 2024, 17% of the world total, followed by Singapore (11%) and Myanmar (8%). In all, 129 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most rough gemstones?
India imported $352.9 million in 2024, 28% of world imports, ahead of China (26%) and Hong Kong (16%). The top three importers together take 70%. Each country with its own page is linked from the table.
How big is the world trade in rough gemstones?
It was worth $1.24 billion in 2024, about 192.6 thousand tonnes. That is a fall of 10% since 2017. The peak year was 2017 at $1.39 billion. 129 countries reported exports and 154 reported imports.
What is the average price of rough gemstones per kg?
The world average declared value was about $6.46 per kg in 2024. Among the main exporters, Singapore averaged $9,739.81 per kg and Uruguay $1.48 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for rough gemstones?
The HS code for rough gemstones is subheading 7103.10, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7103 page.
How can I find rough gemstones buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show rough gemstones buyers and suppliers on a short call.
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