Which Country Exports the Most Jewelry in the World?

Jewellery And Bijouterie May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the amount of jewelry exported worldwide stood at 14K tonnes, reducing by -1.8% against the previous year level. In general, jewelry exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013, when export increased by 10% from the previous year level. Over the period under review, global jewelry exports attained its maximum volume of 29K tonnes in 2007; however, from 2008 to 2016, it failed to regain its strength.

In value terms, jewelry exports totaled $105B in 2016. Overall, jewelry exports continue to indicate a remarkable growth. Over the period under review, global jewelry exports attained its maximum level of $144B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Jewelry Exporting Countries in the World

1. China (13.0 billion USD)

2. India (12.6 billion USD)

3. United Arab Emirates (11.8 billion USD)

4. USA (9.8 billion USD)

5. Italy (6.0 billion USD)

6. China, Hong Kong SAR (6.0 billion USD)

7. France (4.7 billion USD)

8. United Kingdom (4.5 billion USD)

9. Thailand (3.5 billion USD)

10. Germany (1.8 billion USD)

11. Dominican Republic (0.4 billion USD)

12. Spain (0.4 billion USD)

Jewelry Exports By Country

The countries with the highest levels of jewelry exports in 2016 were the UK (2.3K tonnes), Spain (1.9K tonnes), the Dominican Republic (1.8K tonnes), Thailand (1.4K tonnes), and Italy (1.4K tonnes), together accounting for 62% of total export. The U.S. (531 tonnes), China (516 tonnes), France (491 tonnes), India (481 tonnes), Germany (459 tonnes), United Arab Emirates (388 tonnes), and China, Hong Kong SAR (300 tonnes) held the mild share of total exports.

From 2007 to 2016, the most notable growth rate of jewelry exports, among the main exporting countries, was attained by Spain (+32.5% per year), while the other global leaders experienced more modest paces of growth.

In value terms, China ($13B), India ($13B) and United Arab Emirates ($12B) constituted the countries with the highest levels of exports in 2016, with a combined 35% share of global exports.

United Arab Emirates (+22.4% per year) experienced the highest growth rate of jewelry exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Jewelry Export Prices By Country

The average jewelry export price stood at $7.5K per kg in 2016, approximately mirroring the previous year level. Overall, jewelry export price continues to indicate a remarkable expansion. The growth pace was the most rapid in 2008, when it surged by 54% from the previous year level. Over the period under review, average jewelry export price reached its maximum level of $11K per kg in 2014; however, from 2015 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was United Arab Emirates ($31K per kg), while Spain ($196 per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of jewelry export prices was attained by Thailand (+40.5% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global jewelry market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • jewelry market share
  • jewelry prices
  • jewelry industry
  • jewelry sales
  • jewelry import
  • jewelry export
  • jewelry market forecast
  • jewelry price forecast
  • key jewelry producers

All data provided in this article covers the following product: HS Code 7113 - Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal.

Source: World: Jewelry - Market Report. Analysis and Forecast to 2025