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 Singapore totalled $ 18.7 billion in 2023. Sales of commodity group 71 from Singapore decreased by 17.1% in value terms 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" decreased by $ 3.89 billion (cumulative exports of commodity group 71 from Singapore amounted $22 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 3.95% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 71 in total exports from Singapore decreased by 0.451 p.p. compared to 2022 (it was 4.4% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Where does Singapore 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 Singapore in 2023:
- China with a share of 25% (4.85 billion US$)
- Hong Kong with a share of 13.5% (2.53 billion US$)
- Malaysia with a share of 11.3% (2.13 billion US$)
- Thailand with a share of 8.88% (1.66 billion US$)
- Indonesia with a share of 5.41% (1.01 billion US$)
- India with a share of 4.7% (883 million US$)
- Cambodia with a share of 4.51% (848 million US$)
- United Arab Emirates with a share of 4.27% (803 million US$)
- Switzerland with a share of 3.24% (609 million US$)
- USA with a share of 3.19% (600 million US$)
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 Singapore in 2023 represented by the following main commodity groups:
- 66% (12.5 billion US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 19% (3.58 billion US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 5.12% (963 million US$): 7112 - Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal
- 3.06% (576 million US$): 7102 - Diamonds, whether or not worked, but not mounted or set
- 1.99% (374 million US$): 7103 - Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
- 1.11% (209 million US$): 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form
- 0.749% (140 million US$): 7117 - Imitation jewellery
- 0.648% (121 million US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 0.575% (108 million US$): 7115 - Other articles of precious metal or of metal clad with precious metal
- 0.396% (74 million US$): 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 Singapore totalled $ 20 billion in 2023. Sales of commodity group 71 to Singapore decreased by 21% in value terms 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" decreased by $ 5.69 billion (the value of imports of commodity group 71 to Singapore was equal to $26 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 4.93% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 71 in total imports to Singapore decreased by 0.646 p.p. compared to 2022 (it was 5.58% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Where does Singapore 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 Singapore in 2023:
- Switzerland with a share of 18.7% (3.9 billion US$)
- Japan with a share of 11.3% (2.35 billion US$)
- Australia with a share of 9.44% (1.96 billion US$)
- Thailand with a share of 6.42% (1.33 billion US$)
- Indonesia with a share of 6.26% (1.3 billion US$)
- Malaysia with a share of 6.01% (1.25 billion US$)
- Cambodia with a share of 6% (1.25 billion US$)
- France with a share of 5.49% (1.14 billion US$)
- United Arab Emirates with a share of 5.28% (1.1 billion US$)
- Hong Kong with a share of 5.13% (1.07 billion US$)
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 Singapore in 2023 represented by the following main commodity groups:
- 60% (12.5 billion US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 23% (4.92 billion US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 6.32% (1.31 billion US$): 7112 - Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal
- 2.77% (577 million US$): 7102 - Diamonds, whether or not worked, but not mounted or set
- 2.38% (497 million US$): 7115 - Other articles of precious metal or of metal clad with precious metal
- 1.21% (252 million US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 1.11% (233 million US$): 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form
- 0.846% (176 million US$): 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
- 0.694% (144 million US$): 7117 - Imitation jewellery
- 0.277% (57 million US$): 7116 - Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)