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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Singapore | 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 Singapore totalled $ 374 million in 2023. Sales of commodity group 7103 from Singapore decreased by 9.33% 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 $ 38 million (cumulative exports of commodity group 7103 from Singapore amounted $412 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 0.078% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 7103 in total exports from Singapore decreased by 0.001 p.p. compared to 2022 (it was 0.08% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).

Exports of commodity group 7103 amounted to 1.99% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $18.7 billion in 2023). The share of exports of commodity group 7103 in sales of commodity group from Singapore increased by 0.171 p.p. compared to 2022 (it was 1.81% in 2022, and exports of commodity group from Singapore were $22 billion).

Where does Singapore 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 Singapore in 2023:

  • Hong Kong with a share of 38% (144 million US$)
  • Thailand with a share of 22% (85 million US$)
  • India with a share of 18.4% (69 million US$)
  • France with a share of 5.17% (19.3 million US$)
  • Japan with a share of 4.83% (18 million US$)
  • USA with a share of 2.48% (9.3 million US$)
  • Italy with a share of 2.21% (8.28 million US$)
  • United Arab Emirates with a share of 1.35% (5.06 million US$)
  • United Kingdom with a share of 1.22% (4.56 million US$)
  • Switzerland - 2.66 million US$

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 Singapore in 2023 represented by the following main commodity groups:

  • 71% (268 million US$): 710310 - Precious stones (excl. diamonds) & semi-precious stones, unwkd./simply sawn/roughly shaped but not strung/mounted/set
  • 15.6% (58 million US$): 710399 - Precious stones (excl. diamonds, rubies, saphires & emeralds) & semi-precious stones...;ungraded precious stones...& semi-precious stones
  • 12.4% (46 million 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 Singapore totalled $ 176 million in 2023. Sales of commodity group 7103 to Singapore decreased by 8.13% 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 $ 15.6 million (the value of imports of commodity group 7103 to Singapore was equal to $192 million 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 0.041% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 7103 in total imports to Singapore increased by 0.001 p.p. compared to 2022 (it was 0.04% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 7103 reached 0.846% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $20 billion in 2023). The share of purchases of commodity group 7103 in total imports of commodity group to Singapore increased by 0.122 p.p. compared to 2022 (it was 0.724% in 2022, and imports of commodity group to Singapore accounted for $26 billion).

Where does Singapore 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 Singapore in 2023:

  • Mozambique with a share of 20% (36 million US$)
  • India with a share of 17.8% (31 million US$)
  • Zambia with a share of 13.3% (23 million US$)
  • Colombia with a share of 7.77% (13.7 million US$)
  • Myanmar with a share of 7.43% (13.1 million US$)
  • South Africa with a share of 7.1% (12.5 million US$)
  • Lesotho with a share of 4.51% (7.97 million US$)
  • Belgium with a share of 4.39% (7.75 million US$)
  • Sri Lanka with a share of 4.19% (7.41 million US$)
  • Tanzania with a share of 3.14% (5.55 million US$)

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 Singapore in 2023 represented by the following main commodity groups:

  • 48% (84 million US$): 710310 - Precious stones (excl. diamonds) & semi-precious stones, unwkd./simply sawn/roughly shaped but not strung/mounted/set
  • 32% (57 million US$): 710399 - Precious stones (excl. diamonds, rubies, saphires & emeralds) & semi-precious stones...;ungraded precious stones...& semi-precious stones
  • 19.5% (34 million US$): 710391 - Rubies, sapphires & emeralds, wkd. othw. than simply sawn/roughly shaped but not strung/mounted/set

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Singapore | 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