Jewelry Trade and Tariffs: What U.S. Import and Export Trends Tell Us

Tariffs are top of mind for many, especially business owners who are concerned about the potential impact on their companies. That’s why we took a closer look at how jewelry moves across U.S. borders. We invite you to explore the below interactive charts to be strategic in positioning your business for a future in the jewelry industry.

This first flow chart shows the top global importers and exporters of jewelry-related products, excluding raw commodities such as gold, silver, platinum, packaging, and tools—since these serve broader industrial and financial purposes—but including diamonds and synthetic stones.

Key Insights: 

• The U.S. imports significantly more jewelry and components than it exports, and that inflow is spread broadly across nations.
• Jewelry's global journey is complex. Pieces often cross multiple borders before reaching their final destination. 
• India, Israel, South Africa, Belgium, Italy, and Thailand top the list of import sources for the U.S.

This second flow chart narrows in on China and Hong Kong to better understand their specific impact on U.S. jewelry trade.

Key Insights: 

• China’s role is much smaller when it comes to fine jewelry and precious components, in relation to other countries.
• China is a dominant player in imitation jewelry imports.
• Hong Kong imports more from the U.S. than it exports, so China’s counter-tariffs could have real consequences for American jewelry trade in the region.

Global trade, especially in jewelry, is complex. What stood out to you in the data? Did you spot a trend we didn’t? Share your insights by commenting below. 

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