🇰🇼 Kuwait imports of precious stones: 2024 trade data
Kuwait imported $2.7 million of precious stones in 2024 (2 tonnes). Value rose 120% on 2023. Over 2017-2024 the trade grew strongly, by about 47% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of precious stones by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.7M | 2 t |
| 2023 | $1.2M | 0 t |
| 2022 | $1.8M | 0 t |
| 2021 | $633K | 5 t |
| 2020 | $872K | 96 t |
| 2019 | $1.4M | 29 t |
| 2018 | $1.2M | 1 t |
| 2017 | $181K | 3 t |
Where Kuwait imports precious stones from
Hong Kong alone supplied 76% of it. Among the main suppliers, Hong Kong grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇭🇰 Hong Kong | $2.0M | 76% |
| 🇮🇳 India | $428K | 16% |
| 🇬🇧 United Kingdom | $90K | 3.4% |
| 🇹🇭 Thailand | $31K | 1.1% |
| 🇨🇳 China | $23K | 0.9% |
| 🇨🇭 Switzerland | $20K | 0.7% |
| 🇱🇰 Sri Lanka | $16K | 0.6% |
| 🇦🇪 United Arab Emirates | $10K | 0.4% |
| 🇺🇸 United States | $9K | 0.3% |
| 🇱🇹 Lithuania | $6K | 0.2% |
Types of precious stones under HS 7103
| 7103.10 | Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set | 77% |
| 7103.91 | Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set | 19% |
| 7103.99 | Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or… | 4% |
Codes and full descriptions: HS heading 7103.
Average import price of precious stones
The average declared value was about $1,412.89 per kg, 3105% above the world average of $44.08. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Kuwait also exports precious stones
Kuwait exported $2.2 million of precious stones in 2024. Switzerland alone took 79% of it. Among the main buyer markets, Switzerland grew fastest (+309% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $1.7M | 79% |
| 🇶🇦 Qatar | $357K | 17% |
| 🇬🇧 United Kingdom | $89K | 4.1% |
| 🇮🇳 India | $0K | 0% |
Who is behind these numbers in Kuwait?
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.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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.
Precious stones trade in Kuwait: questions
What is the value of precious stones imported by Kuwait?
Kuwait imported precious stones worth $2.7 million in 2024 (2 tonnes).
Where does Kuwait import precious stones from?
The main supplier countries in 2024 were Hong Kong (76%), India (16%), United Kingdom (3%).
What is the average import price of precious stones in Kuwait?
The average declared import value was about $1,412.89 per kg in 2024, against a world average of $44.08 per kg.
Does Kuwait export precious stones?
Yes. Kuwait exported precious stones worth $2.2 million in 2024, mainly to Switzerland, Qatar, United Kingdom.
What is the HS code for precious stones?
Precious stones falls under HS heading 7103 (Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (exclu). The six-digit codes under it split the product by type.
How can I find the companies trading precious stones with Kuwait?
These public statistics stop at country level. EximDataX builds Kuwait trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Precious stones trade in other countries
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