🇬🇧 United Kingdom imports of precious stones: 2024 trade data
The United Kingdom imported $196.1 million of precious stones in 2024 (437 tonnes). That makes it the 10th largest importer of this product worldwide, out of 174 countries. That is close to the 2023 level. Across 2017-2024 the long-run trend was broadly stable.
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 | $196.1M | 437 t |
| 2023 | $192.7M | 563 t |
| 2022 | $221.5M | 1.1K t |
| 2021 | $191.6M | 848 t |
| 2020 | $91.6M | 495 t |
| 2019 | $175.0M | 539 t |
| 2018 | $150.3M | 425 t |
| 2017 | $210.4M | 484 t |
Where the United Kingdom imports precious stones from
The largest suppliers were United States (22%), Hong Kong (15%), Switzerland (13%). Trade is spread widely: the top three suppliers together make up only 50%. Among the main suppliers, Hong Kong grew fastest (+206% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇺🇸 United States | $43.0M | 22% |
| 🇭🇰 Hong Kong | $29.7M | 15% |
| 🇨🇭 Switzerland | $24.9M | 13% |
| 🇲🇲 Myanmar | $15.2M | 7.7% |
| 🇹🇭 Thailand | $15.0M | 7.6% |
| 🇮🇳 India | $11.7M | 6% |
| 🇱🇰 Sri Lanka | $11.3M | 5.8% |
| 🇲🇿 Mozambique | $10.4M | 5.3% |
| 🇩🇪 Germany | $6.8M | 3.5% |
| 🇧🇳 Brunei | $4.0M | 2% |
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 | 86% |
| 7103.99 | Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or… | 13% |
| 7103.10 | Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set | 1% |
Codes and full descriptions: HS heading 7103.
Average import price of precious stones
The average declared value was about $449.06 per kg, 919% 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 Kingdom also exports precious stones
In 2024, the United Kingdom exported precious stones worth $156.2 million (37 tonnes). Its share of world exports was 2%. The largest buyer markets were United States (29%), Switzerland (23%), Hong Kong (20%). Among the main buyer markets, Switzerland grew fastest (+333% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇺🇸 United States | $44.8M | 29% |
| 🇨🇭 Switzerland | $36.6M | 23% |
| 🇭🇰 Hong Kong | $30.6M | 20% |
| 🇹🇭 Thailand | $12.5M | 8% |
| 🇦🇪 United Arab Emirates | $7.0M | 4.5% |
| 🇮🇱 Israel | $5.0M | 3.2% |
| 🇫🇷 France | $4.6M | 2.9% |
| 🇩🇪 Germany | $3.7M | 2.4% |
| 🇧🇪 Belgium | $3.3M | 2.1% |
| 🇶🇦 Qatar | $2.7M | 1.7% |
Who is behind these numbers in the United Kingdom?
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.
Direct customs feed: shipment-level records from the official customs source.
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 Kingdom: questions
What is the value of precious stones imported by the United Kingdom?
The United Kingdom imported precious stones worth $196.1 million in 2024 (437 tonnes).
Where does the United Kingdom import precious stones from?
The main supplier countries in 2024 were United States (22%), Hong Kong (15%), Switzerland (13%).
What is the average import price of precious stones in the United Kingdom?
The average declared import value was about $449.06 per kg in 2024, against a world average of $44.08 per kg.
Does the United Kingdom export precious stones?
Yes. The United Kingdom exported precious stones worth $156.2 million in 2024, mainly to United States, Switzerland, Hong Kong.
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 Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Precious stones trade in other countries
More trade data for the United Kingdom
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