🇦🇪 United Arab Emirates imports of precious stones: 2024 trade data
In 2024, the United Arab Emirates imported precious stones worth $233.9 million (202 tonnes). It ranks 9th of 174 countries for imports of this product. That is 24% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2023, at $306.7 million.
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 | $233.9M | 202 t |
| 2023 | $306.7M | 263 t |
| 2022 | $175.4M | 202 t |
| 2021 | $158.8M | 217 t |
| 2020 | $121.1M | 122 t |
| 2019 | $230.7M | 234 t |
| 2018 | $223.8M | 37 t |
| 2017 | $229.7M | 797 t |
Where the United Arab Emirates imports precious stones from
Most of the value came from Hong Kong (26%), United States (24%), Thailand (11%). Among the main suppliers, Hong Kong grew fastest (+383% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇭🇰 Hong Kong | $60.0M | 26% |
| 🇺🇸 United States | $55.9M | 24% |
| 🇹🇭 Thailand | $26.6M | 11% |
| 🇮🇳 India | $19.0M | 8.1% |
| 🇲🇿 Mozambique | $13.9M | 6% |
| 🇮🇱 Israel | $8.3M | 3.6% |
| 🇨🇭 Switzerland | $8.3M | 3.5% |
| 🇿🇲 Zambia | $7.3M | 3.1% |
| 🇬🇧 United Kingdom | $7.0M | 3% |
| 🇧🇷 Brazil | $6.5M | 2.8% |
Types of precious stones under HS 7103
| 7103.91 | Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set | 73% |
| 7103.99 | Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or… | 14% |
| 7103.10 | Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set | 13% |
Codes and full descriptions: HS heading 7103.
Average import price of precious stones
The average declared value was about $1,156.74 per kg, 2524% 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.
The United Arab Emirates also exports precious stones
Exports of precious stones by the United Arab Emirates reached $146.4 million in 2024 (18 tonnes). Its share of world exports was 2%. One buyer market dominates: Hong Kong accounted for 69% of the value. Among the main buyer markets, Italy grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇭🇰 Hong Kong | $100.3M | 69% |
| 🇺🇸 United States | $12.4M | 8.5% |
| 🇮🇱 Israel | $9.9M | 6.8% |
| 🇮🇹 Italy | $5.8M | 4% |
| 🇹🇭 Thailand | $5.2M | 3.6% |
| 🇨🇭 Switzerland | $4.8M | 3.3% |
| 🇮🇳 India | $3.3M | 2.3% |
| 🇫🇷 France | $1.8M | 1.2% |
| 🇬🇧 United Kingdom | $806K | 0.6% |
| 🇿🇲 Zambia | $455K | 0.3% |
Who is behind these numbers in the United Arab Emirates?
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 the United Arab Emirates: questions
What is the value of precious stones imported by the United Arab Emirates?
The United Arab Emirates imported precious stones worth $233.9 million in 2024 (202 tonnes).
Where does the United Arab Emirates import precious stones from?
The main supplier countries in 2024 were Hong Kong (26%), United States (24%), Thailand (11%).
What is the average import price of precious stones in the United Arab Emirates?
The average declared import value was about $1,156.74 per kg in 2024, against a world average of $44.08 per kg.
Does the United Arab Emirates export precious stones?
Yes. The United Arab Emirates exported precious stones worth $146.4 million in 2024, mainly to Hong Kong, United States, Israel.
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 the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates 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
More trade data for the United Arab Emirates
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