HS4 subsector intelligence

Silversmiths\' wares
HS4 7114 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 71141995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$1.7BGlobal subsector value
02

Annual change

+46%Latest year on year
03

Exporters

139Active reporting countries
04

Importers

172Active reporting countries
05

HS6 products

3Classifications inside HS4

The subsector read

$1.7B in trade, with +13.4% annualized growth over three years.

Silversmiths\' wares is recorded across 2,691 active corridors, with 139 exporters and 172 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $548.1M1996: $539.2M1997: $514.8M1998: $500.9M1999: $420.4M2000: $427.0M2001: $370.8M2002: $360.0M2003: $784.9M2004: $846.0M2005: $716.4M2006: $1.0B2007: $1.2B2008: $1.4B2009: $5.1B2010: $5.1B2011: $5.8B2012: $2.5B2013: $2.3B2014: $1.5B2015: $764.6M2016: $1.2B2017: $2.5B2018: $776.0M2019: $2.1B2020: $1.5B2021: $1.2B2022: $1.1B2023: $1.0B2024: $1.7B
Reported global trade by year.

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
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1Republic of KoreaKORChina, Hong Kong Special Administrative RegionHKG$613.2M+263.2%32,092 kmNo
2ChinaCHNChina, Hong Kong Special Administrative RegionHKG$320.5M+3.3%21,226 kmYes
3ChinaCHNChina, Macao SARMAC$44.8M+101.4%31,271 kmYes
4IsraelISRUSA, Puerto Rico and US Virgin IslandsUSA$25.5M+4.7%39,135 kmYes
5MalaysiaMYSJapanJPN$18.3M-27.7%25,315 kmYes
6ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$16.9M+4.6%36,907 kmNo
7ItalyITASwitzerland, LiechtensteinCHE$16.6M+46%3684 kmYes
8TurkeyTURUSA, Puerto Rico and US Virgin IslandsUSA$16.4M+17.9%38,087 kmNo
9JapanJPNMalaysiaMYS$16.4M+28.6%35,315 kmYes
10MalaysiaMYSSingaporeSGP$15.0M+117.7%3316 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1Republic of KoreaKOR$614.0M353
2ChinaCHN$414.5M1123
3ItalyITA$131.6M1043
4TurkeyTUR$44.8M753
5GermanyDEU$42.8M793
6China, Hong Kong Special Administrative RegionHKG$38.2M543
7MalaysiaMYS$35.5M313
8JapanJPN$34.2M433
9FranceFRA$32.4M903
10IsraelISR$32.1M493
Top importers2024 ranking
RankCountryImportsPartnersHS6
1China, Hong Kong Special Administrative RegionHKG$975.1M363
2USA, Puerto Rico and US Virgin IslandsUSA$99.2M753
3China, Macao SARMAC$53.7M403
4Switzerland, LiechtensteinCHE$52.2M563
5MalaysiaMYS$43.6M273
6GermanyDEU$36.9M833
7TaiwanTWN$35.2M333
8TurkeyTUR$25.4M393
9JapanJPN$25.4M393
10United Arab EmiratesARE$24.5M533

HS6 product coverage

The products inside HS4 7114

Six-digit classifications make the subsector specific. Browse the product workspace ↗

3 classifications shownSilversmiths\' wares
01
Silversmiths\' wares: and parts thereof, of silver, whether or not plated or clad with other precious metalHS6 711411
02
Goldsmiths\' wares: articles of and parts thereof, of precious metal (excluding silver) whether or not plated or clad with precious metalHS6 711419
03
Goldsmiths\' and silversmiths\' wares: articles of and parts thereof, of base metal clad with precious metalHS6 711420

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

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.