Precious Stones in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $48.4M in Precious Stones, making it the 24th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 549th most exported product in Japan. The main destination of Precious Stones exports from Japan are: Hong Kong ($42.9M), United States ($1.52M), Thailand ($1.19M), Switzerland ($893k), and Vietnam ($593k).

The fastest growing export markets for Precious Stones of Japan between 2021 and 2022 were United States ($1.33M), Vietnam ($355k), and India ($244k).

Imports In 2022, Japan imported $101M in Precious Stones, becoming the 15th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 561st most imported product in Japan. Japan imports Precious Stones primarily from: Thailand ($27.6M), India ($16.9M), China ($7.71M), Hong Kong ($7.68M), and Colombia ($5.84M).

The fastest growing import markets in Precious Stones for Japan between 2021 and 2022 were Thailand ($6.76M), Australia ($2.35M), and Singapore ($2.02M).

Latest Trends

February 2024

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Overview In February 2024 Japan's Precious Stones exports accounted up to ¥271M and imports accounted up to ¥1.63B, resulting in a negative trade balance of ¥1.36B. Between February 2023 and February 2024 the exports of Japan's Precious Stones have decreased by ¥-200M (-42.5%) from ¥471M to ¥271M, while imports decreased by ¥-236M (-12.7%) from ¥1.86B to ¥1.63B.

Destinations In February 2024, Precious Stones were exported mostly to Hong Kong (¥219M), United States (¥27M), Chinese Taipei (¥7.43M), Thailand (¥6.3M), and India (¥4.09M), and were imported mostly from Thailand (¥332M), Brazil (¥249M), United States (¥242M), India (¥224M), and Colombia (¥110M).

Growth In February 2024, the decrease in Precious Stones's year-by-year exports was explained primarily by a decrease in exports to India (¥-3.99M or -94.1%) and Hong Kong (¥-1.62M or -11.3%). In February 2024, the decrease in Precious Stones's year-by-year imports was explained primarily by a decrease in imports from China (¥-96M or -42.1%), Colombia (¥-33M or -58.4%), and Thailand (¥-24.3M or -8.27%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-200M(-42.5%)

IMPORT GROWTH (February 2023 - February 2024)¥-236M(-12.7%)

MAIN EXPORTER (February 2024)Chiba¥138M

MAIN DESTINATION (February 2024)Hong Kong¥219M

This section shows Precious Stones's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Precious Stones over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$48.4M

IMPORTS (2022)$101M

NET TRADE (2022)-$53M

In 2022, Japan exported $48.4M in Precious Stones. The main destinations of Japan exports on Precious Stones were Hong Kong ($42.9M), United States ($1.52M), Thailand ($1.19M), Switzerland ($893k), and Vietnam ($593k).

In 2022, Japan imported $101M in Precious Stones, mainly from Thailand ($27.6M), India ($16.9M), China ($7.71M), Hong Kong ($7.68M), and Colombia ($5.84M).

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