Latest trade
$1.0TGlobal sector valueHS2 sector intelligence
Precious stones and metals
sector trade overview
A clear view of the precious stones and metals economy: scale, momentum, market concentration, leading routes, and the products within it.
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
Annual change
-5.8%Latest year on yearExporters
199Active reporting countriesImporters
200Active reporting countriesHS6 products
51Classifications in sectorThe sector read
$1.0T in trade, with +6.1% annualized growth over three years.
Precious stones and metals is recorded across 11,531 active corridors, with 199 exporters and 200 importers in the latest available year.
Market signalGrowing+9.3% five-year CAGR
Annual trend
Momentum across three decades
Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗
Top trade corridors
Where this sector moves
The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | Switzerland, LiechtensteinCHE | ChinaCHN | $34.3B | +17.4% | 40 | 9,034 km | Yes |
| 2 | United Arab EmiratesARE | IndiaIND | $24.7B | +16.4% | 35 | 2,204 km | No |
| 3 | Switzerland, LiechtensteinCHE | USA, Puerto Rico and US Virgin IslandsUSA | $21.3B | +10.1% | 46 | 6,339 km | No |
| 4 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $20.9B | +8.5% | 41 | 1,226 km | Yes |
| 5 | Switzerland, LiechtensteinCHE | IndiaIND | $19.3B | -11% | 31 | 6,166 km | No |
| 6 | China, Hong Kong Special Administrative RegionHKG | ChinaCHN | $18.8B | +18.4% | 42 | 1,226 km | Yes |
| 7 | CanadaCAN | United KingdomGBR | $17.1B | +22.6% | 32 | 5,728 km | Yes |
| 8 | United Arab EmiratesARE | China, Hong Kong Special Administrative RegionHKG | $16.2B | +22.4% | 29 | 5,962 km | No |
| 9 | United KingdomGBR | Switzerland, LiechtensteinCHE | $14.6B | -23.5% | 47 | 777 km | Yes |
| 10 | USA, Puerto Rico and US Virgin IslandsUSA | Switzerland, LiechtensteinCHE | $13.1B | +2.7% | 47 | 6,339 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗
Top exporters2024 ranking
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | Switzerland, LiechtensteinCHE | $143.2B | 153 | 51 |
| 2 | United Arab EmiratesARE | $100.0B | 159 | 51 |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | $63.8B | 171 | 51 |
| 4 | China, Hong Kong Special Administrative RegionHKG | $55.8B | 169 | 51 |
| 5 | South AfricaZAF | $49.9B | 120 | 51 |
| 6 | CanadaCAN | $47.4B | 140 | 51 |
| 7 | United KingdomGBR | $43.7B | 166 | 51 |
| 8 | ChinaCHN | $38.3B | 196 | 51 |
| 9 | IndiaIND | $32.8B | 172 | 51 |
| 10 | AustraliaAUS | $31.0B | 141 | 51 |
Top importers2024 ranking
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | Switzerland, LiechtensteinCHE | $125.2B | 159 | 51 |
| 2 | ChinaCHN | $113.6B | 155 | 51 |
| 3 | United Arab EmiratesARE | $112.0B | 155 | 51 |
| 4 | USA, Puerto Rico and US Virgin IslandsUSA | $95.8B | 172 | 51 |
| 5 | United KingdomGBR | $93.4B | 150 | 51 |
| 6 | IndiaIND | $85.8B | 121 | 51 |
| 7 | China, Hong Kong Special Administrative RegionHKG | $81.5B | 128 | 51 |
| 8 | TurkeyTUR | $28.3B | 125 | 51 |
| 9 | SingaporeSGP | $25.8B | 135 | 51 |
| 10 | ThailandTHA | $20.6B | 147 | 51 |
HS6 product coverage
The classifications inside this sector
Explore the six-digit product classifications that make up HS2 71.
60 classifications shownBrowse the product workspace ↗
Pearls: natural, whether or not worked or graded (but not strung, mounted or set), temporarily strung for the convenience of transportHS6 710110
Pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transportHS6 710121
Pearls: cultured, worked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transportHS6 710122
Diamonds: whether or not worked, but not mounted or set, unsortedHS6 710210
Diamonds: industrial, unworked or simply sawn, cleaved or bruted, but not mounted or setHS6 710221
Diamonds: industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setHS6 710229
Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or setHS6 710231
Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setHS6 710239
Stones: precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or setHS6 710310
Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or setHS6 710391
Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or setHS6 710399
Stones: precious or semi-precious, synthetic or reconstructed, piezo-electric quartz, whether or not worked or graded (but not strung, mounted or set), temporarily strung for transport convenienceHS6 710410
Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), unworked or simply sawn, roughly shaped, (not strung, mounted or set), temporarily strung for transport convenienceHS6 710420
Stones: diamonds, unworked or simply sawn or roughly shapedHS6 710421
Stones: synthetic or reconstructed precious or semi-precious n.e.c. in heading 7104, unworked or simply sawn or roughly shapedHS6 710429
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. 7104.20HS6 710490
Stones: diamonds, n.e.c. in heading 7104, worked or graded but not strung, mounted or set: ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transportHS6 710491
Stones: synthetic or reconstructed precious or semi-precious n.e.c. in heading 7104, worked or graded but not strung, mounted or set: ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transportHS6 710499
Stones: precious and semi-precious, dust and powder, of diamondsHS6 710510
Stones: precious and semi-precious, dust and powder, of natural or synthetic precious or semi-precious stones, excluding diamondsHS6 710590
Metals: silver powderHS6 710610
Metals: silver, unwrought, (but not powder)HS6 710691
Metals: silver, semi-manufacturedHS6 710692
Base metals clad with silver: not further worked than semi-manufacturedHS6 710700
Metals: gold, non-monetary, powderHS6 710811
Metals: gold, non-monetary, unwrought (but not powder)HS6 710812
Metals: gold, semi-manufacturedHS6 710813
Gold, monetaryHS6 710820
Base metals or silver: clad with gold, not further worked than semi-manufacturedHS6 710900
Metals: platinum, unwrought or in powder formHS6 711011
Metals: platinum, semi-manufacturedHS6 711019
Metals: palladium, unwrought or in powder formHS6 711021
Metals: palladium, semi-manufacturedHS6 711029
Metals: rhodium, unwrought or in powder formHS6 711031
Metals: rhodium, semi-manufacturedHS6 711039
Metals: iridium, osmium, ruthenium, unwrought or in powder formHS6 711041
Metals: iridium, osmium, ruthenium, semi-manufacturedHS6 711049
Base metals, silver or gold, clad with platinum: not further worked than semi-manufacturedHS6 711100
Metals: waste and scrap of gold, including metal clad with gold but excluding sweepings containing other precious metalsHS6 711210
Metals: waste and scrap of platinum, including metal clad with platinum but excluding sweepings containing other precious metalsHS6 711220
Waste and scrap of precious metal or of metal clad with precious metal: ash containing precious metal or precious metal compoundsHS6 711230
Metals: waste and scrap of precious metal other than gold or platinum but excluding sweepings containing other precious metalsHS6 711290
Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metalsHS6 711291
Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metalsHS6 711292
Waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compoundsHS6 711299
Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereofHS6 711311
Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereofHS6 711319
Jewellery: of base metal clad with precious metal, and parts thereofHS6 711320
Silversmiths\' wares: and parts thereof, of silver, whether or not plated or clad with other precious metalHS6 711411
Goldsmiths\' wares: articles of and parts thereof, of precious metal (excluding silver) whether or not plated or clad with precious metalHS6 711419
Goldsmiths\' and silversmiths\' wares: articles of and parts thereof, of base metal clad with precious metalHS6 711420
Metal: catalysts in the form of wire cloth or grill, of platinumHS6 711510
Metal: precious or metal clad with precious metal, other than that of item no. 7115.10HS6 711590
Pearls: articles of natural or cultured pearlsHS6 711610
Stones: precious or semi-precious stones (natural, synthetic or reconstructed) articles ofHS6 711620
Jewellery: imitation, cuff links and studs, of base metal, whether or not plated with precious metalHS6 711711
Jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metalHS6 711719
Jewellery: imitation, of other than base metal, whether or not plated with precious metalHS6 711790
Coin (other than gold coin), not being legal tenderHS6 711810
Coin: other than coin of item no. 7118.10HS6 711890
Definitions and coverage
Read the numbers with context
Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.
Missing data
A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.
Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.