Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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India | Imports and Exports | World | Precious stones and semi-precious stones, whether or not worked or graded but not strung, mounted or set | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 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" from India totalled $ 518 million in 2023. Sales of commodity group 7103 from India decreased by 17.9% in value terms compared to 2022. exports of commodity group 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" decreased by $ 113 million (cumulative exports of commodity group 7103 from India amounted $632 million in 2022)

Exports of commodity group 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" amounted to 0.12% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 7103 in total exports from India decreased by 0.019 p.p. compared to 2022 (it was 0.139% in 2022 and cumulative exports from India were equal to $ 452 billion).

Exports of commodity group 7103 amounted to 1.55% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $33 billion in 2023). The share of exports of commodity group 7103 in sales of commodity group from India lowered by 0.059 p.p. compared to 2022 (it was 1.6% in 2022, and exports of commodity group from India were $39 billion).

Where does India export 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?

Top export destinations of "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" from India in 2023:

  • Hong Kong with a share of 37% (195 million US$)
  • USA with a share of 24% (125 million US$)
  • Thailand with a share of 14.3% (74 million US$)
  • Italy with a share of 4.82% (25 million US$)
  • Switzerland with a share of 2.75% (14.2 million US$)
  • United Arab Emirates with a share of 2.47% (12.8 million US$)
  • Japan with a share of 2.29% (11.8 million US$)
  • Germany with a share of 1.9% (9.85 million US$)
  • France with a share of 1.68% (8.73 million US$)
  • Belgium with a share of 1.13% (5.9 million US$)

Exports structure of 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 - from India in 2023 represented by the following main commodity groups:

  • 57% (297 million US$): 710391 - Rubies, sapphires & emeralds, wkd. othw. than simply sawn/roughly shaped but not strung/mounted/set
  • 38% (197 million US$): 710399 - Precious stones (excl. diamonds, rubies, saphires & emeralds) & semi-precious stones...;ungraded precious stones...& semi-precious stones
  • 4.53% (23 million US$): 710310 - Precious stones (excl. diamonds) & semi-precious stones, unwkd./simply sawn/roughly shaped but not strung/mounted/set

The value of imports of commodity group 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" to India totalled $ 1.16 billion in 2023. Sales of commodity group 7103 to India decreased by 65% in value terms compared to 2022. imports of commodity group 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" decreased by $ 2.23 billion (the value of imports of commodity group 7103 to India was equal to $3.39 billion in 2022)

Imports of commodity group 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" accounted for 0.173% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 7103 in total imports to India decreased by 0.29 p.p. compared to 2022 (it was 0.463% in 2022 and cumulative imports to India were equal to $ 732 billion).

Imports of commodity group 7103 reached 1.6% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $72 billion in 2023). The share of purchases of commodity group 7103 in imports of commodity group to India went down by 2.74 p.p. compared to 2022 (it was 4.34% in 2022, and imports of commodity group to India accounted for $78 billion).

Where does India import 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 from?

Top trading partners (import of "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") of India in 2023:

  • Hong Kong with a share of 39% (464 million US$)
  • Zambia with a share of 20% (239 million US$)
  • India with a share of 14.6% (170 million US$)
  • Thailand with a share of 5.39% (62 million US$)
  • Brazil with a share of 3.86% (45 million US$)
  • Tanzania with a share of 3.49% (40 million US$)
  • USA with a share of 2.71% (31 million US$)
  • Mozambique with a share of 1.61% (18.8 million US$)
  • Colombia with a share of 1.6% (18.7 million US$)
  • Nigeria with a share of 1.09% (12.7 million US$)

Imports structure of 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 - to India in 2023 represented by the following main commodity groups:

  • 47% (550 million US$): 710391 - Rubies, sapphires & emeralds, wkd. othw. than simply sawn/roughly shaped but not strung/mounted/set
  • 37% (433 million US$): 710310 - Precious stones (excl. diamonds) & semi-precious stones, unwkd./simply sawn/roughly shaped but not strung/mounted/set
  • 15.7% (183 million US$): 710399 - Precious stones (excl. diamonds, rubies, saphires & emeralds) & semi-precious stones...;ungraded precious stones...& semi-precious stones

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India | Imports and Exports | World | Precious stones and semi-precious stones, whether or not worked or graded but not strung, mounted or set | Value (US$) and Value Growth, YoY (%) | 2012 - 2023