Precious stones exports from Zambia: data, top buyers and prices
Exports of precious stones by Zambia reached $446.5 million in 2024 (6.5 thousand tonnes). That makes it the 6th largest exporter of this product worldwide, out of 162 countries. Value rose 20% on 2023. Over 2017-2024 the trade grew strongly, by about 17% a year on average.
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 | $446.5M | 6.5K t |
| 2023 | $371.8M | 5.5K t |
| 2022 | $306.1M | 6.0K t |
| 2021 | $345.4M | 7.1K t |
| 2020 | $153.7M | 2.7K t |
| 2019 | $274.2M | 2.7K t |
| 2018 | $216.5M | 2.1K t |
| 2017 | $147.0M | 1.1K t |
Where Zambia exports precious stones to
Most of it went to India (32%), United States (27%), Thailand (18%). Among the main buyer markets, Thailand grew fastest (+120% on the year before).
| Destination | Value | Share |
|---|---|---|
| India | $143.8M | 32% |
| United States | $121.1M | 27% |
| Thailand | $81.5M | 18% |
| Singapore | $41.4M | 9.3% |
| France | $20.9M | 4.7% |
| Italy | $7.4M | 1.7% |
| United Arab Emirates | $7.3M | 1.6% |
| Israel | $6.2M | 1.4% |
| Belgium | $4.5M | 1% |
| China | $4.1M | 0.9% |
Product types under HS 7103
| 7103.91 | Cut rubies, sapphires and emeralds | 51% |
| 7103.10 | Rough gemstones | 47% |
| 7103.99 | Cut precious stones (other types) | 2.1% |
Codes and full descriptions: HS heading 7103.
Average export price per kg
The average declared value was about $68.82 per kg, 56% 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.
Precious stones imports to Zambia
Zambia imported $6.7 million of precious stones in 2024 (1 tonnes). One supplier dominates: Singapore accounted for 93% of the value. Among the main suppliers, United Arab Emirates grew fastest (+325% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Singapore | $6.2M | 93% |
| United Arab Emirates | $455K | 6.8% |
| Thailand | $9K | 0.1% |
| France | $1K | 0% |
| Malawi | $1K | 0% |
| South Africa | $0K | 0% |
Who is behind these numbers in Zambia?
The shipment records behind Zambia precious stones exports (HS 7103): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 Zambia?
Zambia exported precious stones worth $446.5 million in 2024, the latest year with complete public data, about 6.5 thousand tonnes. That ranks it 6th of 162 countries worldwide, with 5% of world exports. The value was up 20% on 2023.
Which countries buy precious stones from Zambia?
India was the largest buyer with 32% of the value ($143.8 million), followed by the United States (27%) and Thailand (18%). The top three together account for 78%, out of 38 buyer countries in total. Belgium grew fastest among the top ten, up 553% on the year.
What is the average export price of precious stones per kg?
The average declared export value was about $68.82 per kg in 2024, 56% above 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 Zambia changed since 2017?
Exports went from $147.0 million in 2017 to $446.5 million in 2024, an increase of 204%. 2024 was the highest year in the period. Over 8 years the average was $282.6 million a year.
Does Zambia also import precious stones?
Yes. Zambia imported $6.7 million worth of this product in 2024, mainly from Singapore, the United Arab Emirates and Thailand. On balance Zambia is a net exporter of this product, by about $439.8 million a year.
What is the HS code for precious stones?
The HS code for precious stones is heading 7103. In Zambia the largest six-digit codes were 7103.91 (51% of the value) and 7103.10 (47%).
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Zambia. Tell us your product to see it live.
Same product, other countries
Precious stones product types in Zambia
More trade data for Zambia
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