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Export News
16-06-2025
In 2024, worldwide exports of jewelry reached an estimated US$130.3 billion in total sales.
This figure represents a 79.4% increase compared to 2020, when global jewelry exports stood at $72.6 billion. However, in comparison to the previous year, 2023, international sales of exported jewelry dipped by 4.8% from a higher $136.9 billion.
The five leading jewelry-exporting nations in 2024 were Italy, Switzerland, India, mainland China, and the United States. Combined, these major suppliers accounted for 49.6% of the global jewelry export market.
Asia dominated the global jewelry export market in 2024, with total shipments valued at $69.6 billion, making up 53.5% of global exports. Europe followed with a 35.6% share, while North American exporters contributed another 9.1%.
Smaller portions of global jewelry exports originated from:
·Latin America (excluding Mexico and including the Caribbean): 1.1%
·Africa: 0.4%
·Oceania (mainly Australia and New Zealand): 0.39%
For reference, the Harmonized Tariff Schedule (HTS) code used to classify jewelry is 7113.
Top 15 Jewelry Exporting Countries in 2024
These nations recorded the highest dollar values from jewelry exports:
1.Italy: $15.9 billion (12.2%)
2.Switzerland: $13.5 billion (10.4%)
3.India: $12.3 billion (9.4%)
4.Mainland China: $11.7 billion (9%)
5.United States: $11.2 billion (8.6%)
6.Hong Kong: $10.1 billion (7.8%)
7.Türkiye: $9.2 billion (7%)
8.France: $7.4 billion (5.7%)
9.Indonesia: $5.3 billion (4.1%)
10.Thailand: $4.8 billion (3.7%)
11.United Arab Emirates: $4.2 billion (3.2%)
12.Singapore: $3.6 billion (2.8%)
13.United Kingdom: $3.2 billion (2.4%)
14.Malaysia: $1.8 billion (1.4%)
15.Germany: $1.8 billion (1.3%)
Altogether, these 15 countries were responsible for 89.1% of the world's jewelry exports in 2024.
Export Performance Highlights
The countries showing the strongest export growth since 2023 included:
·Italy: +44.9%
·Malaysia: +23.2%
·Türkiye: +9.4%
·France: +8.2%
Conversely, several countries saw declines in jewelry export sales, led by:
·United Arab Emirates: -71.2%
·Mainland China: -18.4%
·United States: -7%
·Hong Kong: -6.7%
·Indonesia: -4.2%
Notable Jewelry Export Companies
According to data from Tendata, the following businesses represent key players in the global jewelry export industry:
1.ORBOL S.A. – 6.55% ($178.59 million)
2.PT King Halim Jewelry – 5.45% ($148.67 million)
3.ARIN S.A. – 4.79% ($130.56 million)
4.PT Lotus Lingga Pratama – 2.8% ($76.36 million)
5.Jewelry Khan Company Limited – 2.3% ($62.71 million)
6.Công Ty TNHH D.I – 2.22% ($60.44 million)
7.PT Gemopia Indonesia – 1.93% ($52.58 million)
8.Oro İstanbul Altın ve Gümüş Sanayi Ticaret Limited Şirketi – 1.26% ($34.38 million)
9.First Cash SA de CV – 1.05% ($28.72 million)
10.Công ty TNHH JewelPark-Vina – 1.02% ($27.78 million)
These companies are recognized for their significant roles in shaping global trends in jewelry manufacturing and international trade.
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