🇸🇦 Saudi Arabia imports of precious metal jewelry: 2024 trade data
Imports of precious metal jewelry by Saudi Arabia reached $1.51 billion in 2024 (309 tonnes). Its share of world imports was 1%. That is 11% more than in 2023. Over 2017-2024 the trade grew strongly, by about 14% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of precious metal jewelry by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.51B | 309 t |
| 2023 | $1.36B | 57 t |
| 2022 | $1.58B | 127 t |
| 2021 | $1.62B | 68 t |
| 2020 | $618.5M | 35 t |
| 2019 | $1.21B | 99 t |
| 2018 | $1.00B | 112 t |
| 2017 | $602.5M | 159 t |
Where Saudi Arabia imports precious metal jewelry from
The largest suppliers were United Arab Emirates (29%), India (13%), Switzerland (10%). Among the main suppliers, Italy grew fastest (+67% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇦🇪 United Arab Emirates | $436.3M | 29% |
| 🇮🇳 India | $193.8M | 13% |
| 🇨🇭 Switzerland | $147.7M | 9.8% |
| 🇬🇧 United Kingdom | $143.3M | 9.5% |
| 🇦🇼 Aruba | $86.8M | 5.8% |
| 🇨🇳 China | $82.7M | 5.5% |
| 🇹🇷 Turkey | $74.3M | 4.9% |
| 🇮🇹 Italy | $69.8M | 4.6% |
| 🇺🇸 United States | $66.5M | 4.4% |
| 🇫🇷 France | $66.3M | 4.4% |
Types of precious metal jewelry under HS 7113
| 7113.19 | Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | 97% |
| 7113.11 | Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof | 3.4% |
| 7113.20 | Jewellery: of base metal clad with precious metal, and parts thereof | 0.1% |
Codes and full descriptions: HS heading 7113.
Average import price of precious metal jewelry
The average declared value was about $4,879.42 per kg, 53% below the world average of $10,377.38, 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.
Saudi Arabia also exports precious metal jewelry
Saudi Arabia exported $611.4 million of precious metal jewelry in 2024 (17 tonnes). Its share of world exports was 0%. United Arab Emirates alone took 73% of it. Among the main buyer markets, United Arab Emirates grew fastest (+654% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇦🇪 United Arab Emirates | $445.2M | 73% |
| 🇨🇭 Switzerland | $100.4M | 16% |
| 🇬🇧 United Kingdom | $10.0M | 1.6% |
| 🇮🇳 India | $9.6M | 1.6% |
| 🇭🇰 Hong Kong | $8.9M | 1.5% |
| 🇰🇼 Kuwait | $6.2M | 1% |
| 🇳🇱 Netherlands | $5.0M | 0.8% |
| 🇹🇷 Turkey | $4.2M | 0.7% |
| 🇧🇭 Bahrain | $4.0M | 0.7% |
| 🇹🇭 Thailand | $3.8M | 0.6% |
Who is behind these numbers in Saudi Arabia?
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 7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal.
Precious metal jewelry trade in Saudi Arabia: questions
What is the value of precious metal jewelry imported by Saudi Arabia?
Saudi Arabia imported precious metal jewelry worth $1.51 billion in 2024 (309 tonnes).
Where does Saudi Arabia import precious metal jewelry from?
The main supplier countries in 2024 were United Arab Emirates (29%), India (13%), Switzerland (10%).
What is the average import price of precious metal jewelry in Saudi Arabia?
The average declared import value was about $4,879.42 per kg in 2024, against a world average of $10,377.38 per kg.
Does Saudi Arabia export precious metal jewelry?
Yes. Saudi Arabia exported precious metal jewelry worth $611.4 million in 2024, mainly to United Arab Emirates, Switzerland, United Kingdom.
What is the HS code for precious metal jewelry?
Precious metal jewelry falls under HS heading 7113 (Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal). The six-digit codes under it split the product by type.
How can I find the companies trading precious metal jewelry with Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Precious metal jewelry trade in other countries
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