Latest trade
$4.2BGlobal subsector valueHS4 subsector intelligence
Stones
HS4 7104 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-8.2%Latest year on yearExporters
129Active reporting countriesImporters
149Active reporting countriesHS6 products
3Classifications inside HS4The subsector read
$4.2B in trade, with -1.4% annualized growth over three years.
Stones is recorded across 2,152 active corridors, with 129 exporters and 149 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | IndiaIND | USA, Puerto Rico and US Virgin IslandsUSA | $863.4M | -2.2% | 3 | 11,771 km | No |
| 2 | China, Hong Kong Special Administrative RegionHKG | IndiaIND | $489.3M | -15% | 2 | 3,769 km | No |
| 3 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $233.0M | -18.2% | 3 | 1,226 km | Yes |
| 4 | IndiaIND | United Arab EmiratesARE | $210.2M | +18.5% | 3 | 2,204 km | No |
| 5 | ChinaCHN | IndiaIND | $208.8M | +124.5% | 3 | 4,252 km | No |
| 6 | United Arab EmiratesARE | IndiaIND | $170.5M | +14.3% | 2 | 2,204 km | No |
| 7 | USA, Puerto Rico and US Virgin IslandsUSA | United Arab EmiratesARE | $132.9M | +23% | 3 | 11,024 km | No |
| 8 | USA, Puerto Rico and US Virgin IslandsUSA | IndiaIND | $130.1M | +11.8% | 3 | 11,771 km | No |
| 9 | United Arab EmiratesARE | China, Hong Kong Special Administrative RegionHKG | $100.3M | +36.3% | 2 | 5,962 km | No |
| 10 | ChinaCHN | United Arab EmiratesARE | $75.1M | +16.5% | 3 | 6,430 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | IndiaIND | $1.5B | 97 | 3 |
| 2 | ChinaCHN | $670.0M | 117 | 3 |
| 3 | China, Hong Kong Special Administrative RegionHKG | $650.7M | 89 | 3 |
| 4 | USA, Puerto Rico and US Virgin IslandsUSA | $439.5M | 96 | 3 |
| 5 | United Arab EmiratesARE | $359.3M | 61 | 3 |
| 6 | ThailandTHA | $90.3M | 78 | 3 |
| 7 | JapanJPN | $68.2M | 54 | 3 |
| 8 | BelgiumBEL | $54.5M | 62 | 3 |
| 9 | AustriaAUT | $37.1M | 36 | 3 |
| 10 | Switzerland, LiechtensteinCHE | $34.8M | 54 | 3 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | IndiaIND | $1.1B | 41 | 3 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $1.1B | 58 | 3 |
| 3 | China, Hong Kong Special Administrative RegionHKG | $491.5M | 42 | 3 |
| 4 | United Arab EmiratesARE | $483.2M | 33 | 3 |
| 5 | ChinaCHN | $206.5M | 45 | 3 |
| 6 | ThailandTHA | $173.9M | 54 | 3 |
| 7 | MalaysiaMYS | $53.0M | 24 | 3 |
| 8 | BelgiumBEL | $51.5M | 24 | 3 |
| 9 | Republic of KoreaKOR | $47.2M | 32 | 3 |
| 10 | United KingdomGBR | $46.9M | 43 | 3 |
HS6 product coverage
The products inside HS4 7104
Six-digit classifications make the subsector specific. Browse the product workspace ↗
7 classifications shownStones
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
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
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.