{
  "pageType": "HS2 sector trade overview",
  "source": "api",
  "title": "Precious stones and metals (HS2 71) Sector Trade Overview | Yugalinks",
  "description": "Review reported global trade for the precious stones and metals sector at HS2 71, including scale, trend, market structure, corridors, exporters, importers, and HS6 products.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs2/71",
  "publisher": {
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    "sameAs": [
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    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs2/71/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs2/71/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs2/71/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs2/71/index.ld.json",
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  "internalLinks": {
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    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
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  "sector": {
    "hs2": "71",
    "name": "Precious stones and metals"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:08"
  },
  "answer": "The precious stones and metals sector recorded $1.0T in reported global trade in 2024, with -5.8% annual change.",
  "keyFigures": {
    "latestTradeUsd": 1022602305652.9126,
    "latestAnnualChangePct": -5.751200022633808,
    "activeExporters": 199,
    "activeImporters": 200,
    "activeHs6Products": 51
  },
  "growthAndStructure": {
    "trendLabel": "Growing",
    "tradeCagr3yPct": 6.101167737787749,
    "tradeCagr5yPct": 9.331107788600423,
    "historicalPeakUsd": 1022602305652.9126,
    "historicalPeakYear": 2024,
    "positiveGrowthYearSharePct": 75.86206896551724,
    "exporterConcentrationHhi": 1934.57745661002,
    "importerConcentrationHhi": 1668.254981488483,
    "tradeVolatilityCv": 0.648871645020011
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      "active_hs6_count": 51
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    {
      "year": 1996,
      "hs2": 71,
      "global_trade_usd": 80051457237.13411,
      "corridor_count": 5833,
      "active_hs6_count": 51
    },
    {
      "year": 1997,
      "hs2": 71,
      "global_trade_usd": 87205169741.46483,
      "corridor_count": 5813,
      "active_hs6_count": 51
    },
    {
      "year": 1998,
      "hs2": 71,
      "global_trade_usd": 90353871098.9543,
      "corridor_count": 5914,
      "active_hs6_count": 51
    },
    {
      "year": 1999,
      "hs2": 71,
      "global_trade_usd": 107070199807.27235,
      "corridor_count": 6342,
      "active_hs6_count": 51
    },
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      "year": 2000,
      "hs2": 71,
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      "corridor_count": 7278,
      "active_hs6_count": 51
    },
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      "year": 2001,
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      "global_trade_usd": 141659986911.82092,
      "corridor_count": 7548,
      "active_hs6_count": 51
    },
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      "year": 2002,
      "hs2": 71,
      "global_trade_usd": 146981889405.22415,
      "corridor_count": 7717,
      "active_hs6_count": 51
    },
    {
      "year": 2003,
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      "corridor_count": 8038,
      "active_hs6_count": 51
    },
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      "year": 2004,
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      "global_trade_usd": 202122966498.79663,
      "corridor_count": 8420,
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      "year": 2005,
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    },
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      "corridor_count": 8963,
      "active_hs6_count": 51
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    {
      "year": 2007,
      "hs2": 71,
      "global_trade_usd": 326515279108.1994,
      "corridor_count": 9229,
      "active_hs6_count": 51
    },
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      "year": 2008,
      "hs2": 71,
      "global_trade_usd": 423724935630.0086,
      "corridor_count": 9371,
      "active_hs6_count": 51
    },
    {
      "year": 2009,
      "hs2": 71,
      "global_trade_usd": 383803928582.66907,
      "corridor_count": 9506,
      "active_hs6_count": 51
    },
    {
      "year": 2010,
      "hs2": 71,
      "global_trade_usd": 460640953556.58606,
      "corridor_count": 9597,
      "active_hs6_count": 51
    },
    {
      "year": 2011,
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      "global_trade_usd": 668954915109.1211,
      "corridor_count": 9856,
      "active_hs6_count": 51
    },
    {
      "year": 2012,
      "hs2": 71,
      "global_trade_usd": 771852310902.9689,
      "corridor_count": 10150,
      "active_hs6_count": 51
    },
    {
      "year": 2013,
      "hs2": 71,
      "global_trade_usd": 839226180824.1202,
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      "active_hs6_count": 51
    },
    {
      "year": 2014,
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      "global_trade_usd": 697138340494.633,
      "corridor_count": 10401,
      "active_hs6_count": 51
    },
    {
      "year": 2015,
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      "corridor_count": 10440,
      "active_hs6_count": 51
    },
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      "global_trade_usd": 656361451778.7274,
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      "year": 2017,
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      "global_trade_usd": 651527295033.9402,
      "corridor_count": 10682,
      "active_hs6_count": 51
    },
    {
      "year": 2018,
      "hs2": 71,
      "global_trade_usd": 635956202398.4342,
      "corridor_count": 10812,
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    },
    {
      "year": 2019,
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      "year": 2020,
      "hs2": 71,
      "global_trade_usd": 723927102779.0253,
      "corridor_count": 10760,
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      "year": 2023,
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      "product_name": "Diamonds: industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set"
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      "product_name": "Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set"
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      "product_name": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set"
    },
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      "hs_code": "710310",
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    },
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      "hs_code": "710391",
      "product_name": "Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set"
    },
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      "product_name": "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 set"
    },
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      "hs_code": "710410",
      "product_name": "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 convenience"
    },
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      "hs_code": "710420",
      "product_name": "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 convenience"
    },
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      "hs_code": "710421",
      "product_name": "Stones: diamonds, unworked or simply sawn or roughly shaped"
    },
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      "hs_code": "710429",
      "product_name": "Stones: synthetic or reconstructed precious or semi-precious n.e.c. in heading 7104, unworked or simply sawn or roughly shaped"
    },
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      "product_name": "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"
    },
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      "hs_code": "710491",
      "product_name": "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 transport"
    },
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      "hs_code": "710499",
      "product_name": "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 transport"
    },
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      "hs_code": "710510",
      "product_name": "Stones: precious and semi-precious, dust and powder, of diamonds"
    },
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      "hs_code": "710590",
      "product_name": "Stones: precious and semi-precious, dust and powder, of natural or synthetic precious or semi-precious stones, excluding diamonds"
    },
    {
      "hs_code": "710610",
      "product_name": "Metals: silver powder"
    },
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      "hs_code": "710691",
      "product_name": "Metals: silver, unwrought, (but not powder)"
    },
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      "hs_code": "710692",
      "product_name": "Metals: silver, semi-manufactured"
    },
    {
      "hs_code": "710700",
      "product_name": "Base metals clad with silver: not further worked than semi-manufactured"
    },
    {
      "hs_code": "710811",
      "product_name": "Metals: gold, non-monetary, powder"
    },
    {
      "hs_code": "710812",
      "product_name": "Metals: gold, non-monetary, unwrought (but not powder)"
    },
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      "hs_code": "710813",
      "product_name": "Metals: gold, semi-manufactured"
    },
    {
      "hs_code": "710820",
      "product_name": "Gold, monetary"
    },
    {
      "hs_code": "710900",
      "product_name": "Base metals or silver: clad with gold, not further worked than semi-manufactured"
    },
    {
      "hs_code": "711011",
      "product_name": "Metals: platinum, unwrought or in powder form"
    },
    {
      "hs_code": "711019",
      "product_name": "Metals: platinum, semi-manufactured"
    },
    {
      "hs_code": "711021",
      "product_name": "Metals: palladium, unwrought or in powder form"
    },
    {
      "hs_code": "711029",
      "product_name": "Metals: palladium, semi-manufactured"
    },
    {
      "hs_code": "711031",
      "product_name": "Metals: rhodium, unwrought or in powder form"
    },
    {
      "hs_code": "711039",
      "product_name": "Metals: rhodium, semi-manufactured"
    },
    {
      "hs_code": "711041",
      "product_name": "Metals: iridium, osmium, ruthenium, unwrought or in powder form"
    },
    {
      "hs_code": "711049",
      "product_name": "Metals: iridium, osmium, ruthenium, semi-manufactured"
    },
    {
      "hs_code": "711100",
      "product_name": "Base metals, silver or gold, clad with platinum: not further worked than semi-manufactured"
    },
    {
      "hs_code": "711210",
      "product_name": "Metals: waste and scrap of gold, including metal clad with gold but excluding sweepings containing other precious metals"
    },
    {
      "hs_code": "711220",
      "product_name": "Metals: waste and scrap of platinum, including metal clad with platinum but excluding sweepings containing other precious metals"
    },
    {
      "hs_code": "711230",
      "product_name": "Waste and scrap of precious metal or of metal clad with precious metal: ash containing precious metal or precious metal compounds"
    },
    {
      "hs_code": "711290",
      "product_name": "Metals: waste and scrap of precious metal other than gold or platinum but excluding sweepings containing other precious metals"
    },
    {
      "hs_code": "711291",
      "product_name": "Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals"
    },
    {
      "hs_code": "711292",
      "product_name": "Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals"
    },
    {
      "hs_code": "711299",
      "product_name": "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 compounds"
    },
    {
      "hs_code": "711311",
      "product_name": "Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof"
    },
    {
      "hs_code": "711319",
      "product_name": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof"
    },
    {
      "hs_code": "711320",
      "product_name": "Jewellery: of base metal clad with precious metal, and parts thereof"
    },
    {
      "hs_code": "711411",
      "product_name": "Silversmiths\\' wares: and parts thereof, of silver, whether or not plated or clad with other precious metal"
    },
    {
      "hs_code": "711419",
      "product_name": "Goldsmiths\\' wares: articles of and parts thereof, of precious metal (excluding silver) whether or not plated or clad with precious metal"
    },
    {
      "hs_code": "711420",
      "product_name": "Goldsmiths\\' and silversmiths\\' wares: articles of and parts thereof, of base metal clad with precious metal"
    },
    {
      "hs_code": "711510",
      "product_name": "Metal: catalysts in the form of wire cloth or grill, of platinum"
    },
    {
      "hs_code": "711590",
      "product_name": "Metal: precious or metal clad with precious metal, other than that of item no. 7115.10"
    },
    {
      "hs_code": "711610",
      "product_name": "Pearls: articles of natural or cultured pearls"
    },
    {
      "hs_code": "711620",
      "product_name": "Stones: precious or semi-precious stones (natural, synthetic or reconstructed) articles of"
    },
    {
      "hs_code": "711711",
      "product_name": "Jewellery: imitation, cuff links and studs, of base metal, whether or not plated with precious metal"
    },
    {
      "hs_code": "711719",
      "product_name": "Jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal"
    },
    {
      "hs_code": "711790",
      "product_name": "Jewellery: imitation, of other than base metal, whether or not plated with precious metal"
    },
    {
      "hs_code": "711810",
      "product_name": "Coin (other than gold coin), not being legal tender"
    },
    {
      "hs_code": "711890",
      "product_name": "Coin: other than coin of item no. 7118.10"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS2.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}