T3 · Product exporter position

India exports of Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20 (HS 710490)

See where India stands in stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20: export scale, destination breadth, market position, growth, and reported trade history.

Exporter INDHS6 710490Latest year 2024Stable

Latest exports

$1.4BLatest observed lane total

Destination markets

96Reported active markets

Three-year growth

+2.4%Annualized change

Destination HHI

3,845Destination concentration

Weighted share

71.8%Reported market position

Exporter evidence

How strong is India in Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20?

Reported exporter totals and calculated indicators for HS 710490. Values retain their observed coverage period.

Exporter scale

Latest exports$1.4B
Current 2024 exports$1.4B
Three-year average$1.6B
Historical peak$2.2B

Market position

Active destinations96
Destination HHI3,845
Weighted share71.8%
Share change+4.4 pp

Competitiveness

Three-year growth+2.4%
Volatility2.1
Maximum drawdown83.4%
TrendStable
MeasureValueWhat it describes
ExporterIndiaCountry represented by this profile
Latest observed exports$1.4BSum of latest observed destination-lane values
Current 2024 exports$1.4BCommon-year comparison where reported
Three-year growth+2.4%Annualized change in exporter totals
Five-year growth+28.4%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share60.4%Share of observed exporter totals
Destination concentration3,845HHI across destination markets
Weighted share change+4.4 ppValue-weighted latest change in market share
Limited-history lanes33.8%Share of lanes with shorter history

Destination markets

Where does India sell stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$861.3M82.9%-2.1%0% tariffGrowing
United Arab Emirates$156.7M81.8%+15.4%0.1% tariffAccelerating
India$53.9M29%+0%0% tariffSlowing
China, Hong Kong Special Administrative Region$52.2M25.5%-23.1%0% tariffGrowing
Thailand$51.1M44.5%+83.9%FTA reportedGrowing
China$47.8M27.4%+139.7%0.3% tariffAccelerating
Israel$29.1M64.7%+1.4%0.1% tariffAccelerating
United Kingdom$26.9M61.3%+24.3%Not reportedGrowing
Belgium$25.2M71%-32.5%0% tariffGrowing
Republic of Korea$25.1M54%+77.2%FTA reportedAccelerating
Australia$22.2M78%+22.8%0.1% tariffGrowing
Canada$17.1M45%-10.1%0.1% tariffGrowing
Singapore$12.7M67.3%+39%FTA reportedGrowing
Netherlands$7.2M49.6%+200.5%0% tariffAccelerating
Armenia$6.3M49.8%+148.5%0% tariffGrowing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$861.3M
Market share
82.9%
Growth
-2.1%
Access
0% tariff
Signal
Growing

Destination

United Arab Emirates

Latest exports
$156.7M
Market share
81.8%
Growth
+15.4%
Access
0.1% tariff
Signal
Accelerating

Destination

India

Latest exports
$53.9M
Market share
29%
Growth
+0%
Access
0% tariff
Signal
Slowing

Destination

China, Hong Kong Special Administrative Region

Latest exports
$52.2M
Market share
25.5%
Growth
-23.1%
Access
0% tariff
Signal
Growing

Destination

Thailand

Latest exports
$51.1M
Market share
44.5%
Growth
+83.9%
Access
FTA reported
Signal
Growing

Destination

China

Latest exports
$47.8M
Market share
27.4%
Growth
+139.7%
Access
0.3% tariff
Signal
Accelerating

Destination

Israel

Latest exports
$29.1M
Market share
64.7%
Growth
+1.4%
Access
0.1% tariff
Signal
Accelerating

Destination

United Kingdom

Latest exports
$26.9M
Market share
61.3%
Growth
+24.3%
Access
Not reported
Signal
Growing

Destination

Belgium

Latest exports
$25.2M
Market share
71%
Growth
-32.5%
Access
0% tariff
Signal
Growing

Destination

Republic of Korea

Latest exports
$25.1M
Market share
54%
Growth
+77.2%
Access
FTA reported
Signal
Accelerating

Destination

Australia

Latest exports
$22.2M
Market share
78%
Growth
+22.8%
Access
0.1% tariff
Signal
Growing

Destination

Canada

Latest exports
$17.1M
Market share
45%
Growth
-10.1%
Access
0.1% tariff
Signal
Growing

Destination

Singapore

Latest exports
$12.7M
Market share
67.3%
Growth
+39%
Access
FTA reported
Signal
Growing

Destination

Netherlands

Latest exports
$7.2M
Market share
49.6%
Growth
+200.5%
Access
0% tariff
Signal
Accelerating

Destination

Armenia

Latest exports
$6.3M
Market share
49.8%
Growth
+148.5%
Access
0% tariff
Signal
Growing

Price intelligence

How does India's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Israel: $3.8B / ton.

Lowest reported price

Nepal: $397.7 / ton.

Median price

$1.9M / ton across reported markets.

Export trend

Reported export history

Annual observations for India and HS 710490 where available.

YearExportsYear-on-year changeActive destinations
2010$12.9M+11.2%66
2011$19.7M+52.7%65
2012$18.9M-4.1%59
2013$19.3M+2.1%64
2014$31.9M+65.3%59
2015$51.0M+59.6%65
2016$72.9M+42.9%63
2017$173.3M+137.7%65
2018$221.9M+28%67
2019$408.7M+84.2%76
2020$630.9M+54.4%73
2021$1.3B+110.1%87
2022$1.9B+40.9%88
2023$1.6B-14.6%95
2024$1.4B-10.7%96

Exporter context

India economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 710490.

India has reported exports of $434.2B and a trade balance of -$221.5B in 2024.

Available structural indicators include 24.9% trade openness, 35.7% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about India stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20 exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.