The value of exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" from Australia totalled $ 20 billion in 2023. Sales of commodity group 71 from Australia went up by 16.3% compared to 2022: exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" went up by $ 2.82 billion (cumulative exports of commodity group 71 from Australia amounted $17.2 billion in 2022)
Exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" amounted to 5.43% of total exports from Australia (cumulative merchandise exports from Australia totalled $ 369 billion in 2023). The share of commodity group 71 in total exports from Australia increased by 1.23 p.p. compared to 2022 (it was 4.2% in 2022 and cumulative exports from Australia were equal to $ 410 billion).
Where does Australia export Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin?
Top export destinations of "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" from Australia in 2023:
- Hong Kong with a share of 23% (4.65 billion US$)
- China with a share of 21% (4.28 billion US$)
- India with a share of 11.1% (2.24 billion US$)
- United Kingdom with a share of 9.9% (1.98 billion US$)
- Singapore with a share of 9.89% (1.98 billion US$)
- USA with a share of 7.17% (1.43 billion US$)
- Switzerland with a share of 6.95% (1.39 billion US$)
- Indonesia with a share of 3.69% (741 million US$)
- Korea with a share of 2.61% (524 million US$)
- New Zealand - 144 million US$
Exports structure of 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin - from Australia in 2023 represented by the following main commodity groups:
- 93% (18.8 billion US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 2.56% (513 million US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 1.18% (236 million US$): 7102 - Diamonds, whether or not worked, but not mounted or set
- 0.776% (155 million US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 0.668% (134 million US$): 7112 - Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal
- 0.343% (68 million US$): 7103 - Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
- 0.193% (38 million US$): 7115 - Other articles of precious metal or of metal clad with precious metal
- 0.128% (25 million US$): 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form
- 0.126% (25 million US$): 7101 - Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport.
- 0.051% (10.3 million US$): 7116 - Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)
The value of imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" to Australia totalled $ 8.67 billion in 2023. Sales of commodity group 71 to Australia went up by 7.95% compared to 2022: imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" went up by $ 638 million (the value of imports of commodity group 71 to Australia was equal to $8.03 billion in 2022)
Imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" accounted for 3.01% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 71 in total imports to Australia increased by 0.415 p.p. compared to 2022 (it was 2.59% in 2022 and cumulative imports to Australia were equal to $ 309 billion).
Where does Australia import Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin from?
Top trading partners (import of "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin") of Australia in 2023:
- USA with a share of 22% (1.97 billion US$)
- Papua New Guinea with a share of 21% (1.86 billion US$)
- New Zealand with a share of 5.69% (493 million US$)
- India with a share of 4.37% (379 million US$)
- Laos with a share of 4.07% (353 million US$)
- Hong Kong with a share of 3.88% (336 million US$)
- Canada with a share of 3.57% (309 million US$)
- Mali with a share of 3.55% (308 million US$)
- China with a share of 2.96% (256 million US$)
- Thailand with a share of 2.72% (235 million US$)
Imports structure of 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin - to Australia in 2023 represented by the following main commodity groups:
- 65% (5.7 billion US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 17.4% (1.51 billion US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 6.68% (579 million US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 4.57% (397 million US$): 7102 - Diamonds, whether or not worked, but not mounted or set
- 1.43% (124 million US$): 7117 - Imitation jewellery
- 0.948% (82 million US$): 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form
- 0.813% (70 million US$): 7103 - Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
- 0.607% (52 million US$): 7115 - Other articles of precious metal or of metal clad with precious metal
- 0.463% (40 million US$): 7104 - Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport
- 0.415% (35 million US$): 7101 - Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport.