Angola"s gemstone market, particularly rubies, showcases intriguing dynamics in 2023, reflecting broader economic trends. As per the data, imports of precious stones in 2022 were significantly higher at 901. 4 kg compared to 109 kg in 2023, indicating a substantial reduction in import volumes. This decrease could be due to global economic fluctuations or shifts in demand dynamics. Conversely, the export figures present an interesting scenario. In 2023, Angola exported a total of 170 kg of these stones, which is a substantial amount considering the reduced import volume. Notably, the export value per kilogram varies greatly, with some batches reaching up to $399. 511, indicating a high value for certain qualities or types of rubies.

The price trends suggest that the market for rubies in Angola is robust, with potential high-value returns on exports. The disparity between import and export volumes and values underscores the unique position of Angola in the global gemstone market, where it seems to be exporting high-quality, high-value rubies despite lower import volumes. For businesses looking to enter Angola"s gemstone market, understanding these trends is crucial. Aritral, an AI-driven B2B platform, can assist companies by offering product listing, direct communication with suppliers, and global sales assistance, simplifying international trade processes. Aritral"s AI-powered marketing and profile management tools ensure that businesses stay competitive in this dynamic market. "