Rough synthetic gemstones trade by country: top importers, exporters and prices
World trade in rough synthetic gemstones was worth $1.73 billion in 2024, about 658 tonnes. That is an increase of 523% since 2017, and down 22% 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 | $1.73B | 658 t |
| 2023 | $2.23B | 313 t |
| 2022 | $2.25B | 924 t |
| 2021 | $1.94B | 1.0K t |
| 2020 | $906.1M | 686 t |
| 2019 | $385.9M | 892 t |
| 2018 | $435.0M | 1.2K t |
| 2017 | $278.4M | 1.4K t |
Top rough synthetic gemstones exporting countries
Hong Kong is the largest exporter with 30% of world exports, followed by China and the United States. The top three supply 71% between them, out of 84 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Hong Kong | $526.7M | 30% |
| China | $437.9M | 25% |
| United States | $271.0M | 16% |
| United Arab Emirates | $246.2M | 14% |
| India | $86.2M | 5% |
| Thailand | $34.4M | 2% |
| Switzerland | $16.2M | 0.9% |
| Belgium | $15.4M | 0.9% |
| France | $14.7M | 0.9% |
| Japan | $12.3M | 0.7% |
| Botswana | $11.1M | 0.6% |
| Israel | $9.7M | 0.6% |
Top importing countries and buyer markets
India is the biggest buyer with 50% of world imports, ahead of Hong Kong and the United Arab Emirates. Demand is concentrated: the top three take 88% across 98 importing countries.
| Importer | Value | Share |
|---|---|---|
| India | $872.8M | 50% |
| Hong Kong | $369.4M | 21% |
| United Arab Emirates | $284.1M | 16% |
| Thailand | $61.2M | 3.5% |
| Ireland | $35.3M | 2% |
| China | $21.6M | 1.3% |
| United States | $18.2M | 1.1% |
| Switzerland | $15.4M | 0.9% |
| Belgium | $14.9M | 0.9% |
| Mauritius | $7.3M | 0.4% |
| Canada | $4.2M | 0.2% |
| Germany | $3.7M | 0.2% |
Average price per kg
The world average declared value was about $2,634.92 per kg in 2024. Among the main exporters, the United Arab Emirates averaged $79,769.97 per kg and Switzerland $456.23 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 synthetic gemstones (HS 7104.20) 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 7104.20: Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), unworked or simply sawn, roughly shaped, (not strung, mounted or set), temporarily strung for transport convenience. HS 7104 codes.
Common questions
Which countries export the most rough synthetic gemstones?
Hong Kong exported $526.7 million in 2024, 30% of the world total, followed by China (25%) and the United States (16%). In all, 84 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most rough synthetic gemstones?
India imported $872.8 million in 2024, 50% of world imports, ahead of Hong Kong (21%) and the United Arab Emirates (16%). The top three importers together take 88%. Each country with its own page is linked from the table.
How big is the world trade in rough synthetic gemstones?
It was worth $1.73 billion in 2024, about 658 tonnes. That is an increase of 523% since 2017. The peak year was 2022 at $2.25 billion. 84 countries reported exports and 98 reported imports.
What is the average price of rough synthetic gemstones per kg?
The world average declared value was about $2,634.92 per kg in 2024. Among the main exporters, the United Arab Emirates averaged $79,769.97 per kg and Switzerland $456.23 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for rough synthetic gemstones?
The HS code for rough synthetic gemstones is subheading 7104.20, 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 7104 page.
How can I find rough synthetic 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 synthetic gemstones buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.