Precious stones exports from Ethiopia: data, top buyers and prices
Ethiopia exported $8.8 million of precious stones in 2024 (356 tonnes). That is 13% more than in 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $8.8M | 356 t |
| 2023 | $7.7M | 175 t |
| 2022 | $8.4M | 94 t |
| 2021 | $7.5M | 963 t |
| 2020 | $5.9M | 439 t |
| 2019 | $7.6M | 147 t |
| 2018 | $10.9M | 213 t |
| 2017 | $10.7M | 161 t |
Where Ethiopia exports precious stones to
Most of it went to India (47%), United States (21%), Thailand (7%). Among the main buyer markets, Belgium grew fastest (+523% on the year before).
| Destination | Value | Share |
|---|---|---|
| India | $4.1M | 47% |
| United States | $1.9M | 21% |
| Thailand | $575K | 6.6% |
| Belgium | $441K | 5% |
| China | $312K | 3.6% |
| Israel | $273K | 3.1% |
| France | $270K | 3.1% |
| Germany | $263K | 3% |
| Japan | $242K | 2.8% |
| United Kingdom | $109K | 1.2% |
Product types under HS 7103
| 7103.10 | Rough gemstones | 61% |
| 7103.99 | Cut precious stones (other types) | 32% |
| 7103.91 | Cut rubies, sapphires and emeralds | 6.2% |
Codes and full descriptions: HS heading 7103.
Average export price per kg
The average declared value was about $24.61 per kg, 44% below the world average of $44.08, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Ethiopia?
The shipment records behind Ethiopia precious stones exports (HS 7103): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
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: Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport.
Common questions
What is the value of precious stones exported by Ethiopia?
Ethiopia exported precious stones worth $8.8 million in 2024, the latest year with complete public data, about 356 tonnes. That ranks it 37th of 162 countries worldwide, with 0% of world exports. The value was up 13% on 2023.
Which countries buy precious stones from Ethiopia?
India was the largest buyer with 47% of the value ($4.1 million), followed by the United States (21%) and Thailand (7%). The top three together account for 75%, out of 28 buyer countries in total. Belgium grew fastest among the top ten, up 523% on the year.
What is the average export price of precious stones per kg?
The average declared export value was about $24.61 per kg in 2024, 44% below the world average of $44.08 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of precious stones from Ethiopia changed since 2017?
Exports went from $10.7 million in 2017 to $8.8 million in 2024, a fall of 18%. The peak was 2018 at $10.9 million. Over 8 years the average was $8.4 million a year.
What is the HS code for precious stones?
The HS code for precious stones is heading 7103. In Ethiopia the largest six-digit codes were 7103.10 (61% of the value) and 7103.99 (32%).
How can I find the companies behind this trade?
Shipment-level records for Ethiopia reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
Precious stones product types in Ethiopia
More trade data for Ethiopia
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