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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Madagascar | 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 Madagascar totalled $ 104 million in 2023. Sales of commodity group 7103 from Madagascar went up by 13.8% 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" went up by $ 12.7 million (cumulative exports of commodity group 7103 from Madagascar amounted $91 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 3.18% of total exports from Madagascar (cumulative merchandise exports from Madagascar totalled $ 3.28 billion in 2023). The share of commodity group 7103 in total exports from Madagascar increased by 0.576 p.p. compared to 2022 (it was 2.61% in 2022 and cumulative exports from Madagascar were equal to $ 3.52 billion).

Exports of commodity group 7103 amounted to 45% of total sales of group "" from Madagascar in 2023 (the value of exports of commodity group from Madagascar amounted to $230 million in 2023). The share of exports of commodity group 7103 in sales of commodity group from Madagascar lowered by 51 p.p. compared to 2022 (it was 96% in 2022, and exports of commodity group from Madagascar were $95 million).

Where does Madagascar 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 Madagascar in 2023:

  • China with a share of 78% (82 million US$)
  • USA with a share of 8.34% (8.72 million US$)
  • France with a share of 3.39% (3.54 million US$)
  • India with a share of 1.85% (1.94 million US$)
  • Germany with a share of 1.49% (1.56 million US$)
  • Hong Kong with a share of 1.02% (1.07 million US$)
  • Romania - 877 thousand US$
  • Italy - 528 thousand US$
  • Belgium - 466 thousand US$
  • Netherlands - 439 thousand 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 Madagascar in 2023 represented by the following main commodity groups:

  • 54% (57 million US$): 710310 - Precious stones (excl. diamonds) & semi-precious stones, unwkd./simply sawn/roughly shaped but not strung/mounted/set
  • 45% (47 million US$): 710399 - Precious stones (excl. diamonds, rubies, saphires & emeralds) & semi-precious stones...;ungraded precious stones...& semi-precious stones
  • 0.147% (154 thousand US$): 710391 - Rubies, sapphires & emeralds, wkd. othw. than 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 Madagascar totalled $ 12.5 thousand in 2023. Sales of commodity group 7103 to Madagascar went up by 14.1% 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" went up by $ 1.55 thousand (the value of imports of commodity group 7103 to Madagascar was equal to $10.9 thousand in 2022)

Imports of commodity group 7103 reached 2.74% of total imports of group "" to Madagascar in 2023 (imports of commodity group to Madagascar totalled $455 thousand in 2023). The share of purchases of commodity group 7103 in imports of commodity group to Madagascar went down by 0.479 p.p. compared to 2022 (it was 3.22% in 2022, and imports of commodity group to Madagascar accounted for $339 thousand).

Where does Madagascar 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 Madagascar in 2023:

  • Kenya with a share of 80% (10 thousand US$)
  • Mauritius with a share of 19.5% (2.44 thousand US$)
  • USA - 35 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 Madagascar in 2023 represented by the following main commodity groups:

  • 80% (10 thousand US$): 710399 - Precious stones (excl. diamonds, rubies, saphires & emeralds) & semi-precious stones...;ungraded precious stones...& semi-precious stones
  • 19.7% (2.46 thousand US$): 710310 - Precious stones (excl. diamonds) & semi-precious stones, unwkd./simply sawn/roughly shaped but not strung/mounted/set
  • 0.129% (16.2 US$): 710391 - Rubies, sapphires & emeralds, wkd. othw. than simply sawn/roughly shaped but not strung/mounted/set

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Madagascar | 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