Synthetic gemstones trade by country: top importers, exporters and prices
World trade in synthetic gemstones was worth $4.35 billion in 2024, about 6.4 thousand tonnes. That is an increase of 184% since 2017, and down 14% 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 | $4.35B | 6.4K t |
| 2023 | $5.08B | 3.3K t |
| 2022 | $5.31B | 3.8K t |
| 2021 | $4.49B | 3.7K t |
| 2020 | $2.51B | 4.9K t |
| 2019 | $2.22B | 3.1K t |
| 2018 | $2.05B | 5.9K t |
| 2017 | $1.53B | 4.4K t |
Top synthetic gemstones exporting countries
India is the largest exporter with 37% of world exports, followed by China and Hong Kong. The top three supply 66% between them, out of 120 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| India | $1.60B | 37% |
| China | $664.4M | 15% |
| Hong Kong | $590.3M | 14% |
| United States | $487.3M | 11% |
| United Arab Emirates | $272.0M | 6.3% |
| Thailand | $133.0M | 3.1% |
| Zambia | $119.3M | 2.7% |
| Belgium | $54.4M | 1.3% |
| Japan | $43.7M | 1% |
| Austria | $40.2M | 0.9% |
| Israel | $39.3M | 0.9% |
| Russia | $36.6M | 0.8% |
Top importing countries and buyer markets
India is the biggest buyer with 25% of world imports, ahead of the United States and Hong Kong. Demand is concentrated: the top three take 64% across 148 importing countries.
| Importer | Value | Share |
|---|---|---|
| India | $1.07B | 25% |
| United States | $1.00B | 23% |
| Hong Kong | $729.8M | 17% |
| United Arab Emirates | $559.7M | 13% |
| Thailand | $196.2M | 4.5% |
| China | $124.8M | 2.9% |
| South Korea | $50.4M | 1.2% |
| United Kingdom | $49.5M | 1.1% |
| Israel | $47.9M | 1.1% |
| Belgium | $46.8M | 1.1% |
| Switzerland | $43.8M | 1% |
| Ireland | $43.0M | 1% |
Average price per kg
The world average declared value was about $683.94 per kg in 2024. Among the main exporters, Belgium averaged $42,545.27 per kg and Zambia $31.80 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 7104: Stones; synthetic or reconstructed precious or semi-precious, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport. HS 7104 codes.
Common questions
Which countries export the most synthetic gemstones?
India exported $1.60 billion in 2024, 37% of the world total, followed by China (15%) and Hong Kong (14%). In all, 120 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most synthetic gemstones?
India imported $1.07 billion in 2024, 25% of world imports, ahead of the United States (23%) and Hong Kong (17%). The top three importers together take 64%. Each country with its own page is linked from the table.
How big is the world trade in synthetic gemstones?
It was worth $4.35 billion in 2024, about 6.4 thousand tonnes. That is an increase of 184% since 2017. The peak year was 2022 at $5.31 billion. 120 countries reported exports and 148 reported imports.
What is the average price of synthetic gemstones per kg?
The world average declared value was about $683.94 per kg in 2024. Among the main exporters, Belgium averaged $42,545.27 per kg and Zambia $31.80 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 synthetic gemstones?
The HS code for synthetic gemstones is heading 7104, 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 7104 page.
How can I find synthetic gemstones 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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