Analysis and Studies - Products analysis

Pearls: Import and Export

In 2023, pearls ranked as the 878th most traded product globally, with a total trade value of $1.29 billion. From 2022 to 2023, pearl exports increased by 30.8%, rising from $985 million to $1.29 billion. Pearls account for 0.0057% of total world trade.

Pearls fall under the category of Precious Stones, Metals, & Pearls, which include worked cultured pearls, unworked cultured pearls, and natural pearls that are not permanently mounted or set.

Exports

In 2023, the leading exporters of pearls were Japan ($459M), Australia ($160M), Indonesia ($136M), French Polynesia ($123M), and China ($99M).

Imports

The top importers of pearls in 2023 were Hong Kong ($541M), Japan ($361M), the United States ($77.5M), China ($51.3M), and Thailand ($34.6M).

Ranking

Pearls are ranked 687th in the Product Complexity Index (PCI).

Description

Pearls are precious gemstones created from Nacre, also known as mother-of-pearl.

They are produced by various types of mollusks, such as oysters and mussels.

Source: https://oec.world/