Israel has long been a pivotal player in the global gemstones market, with emeralds serving as a significant commodity in its trade portfolio. An analysis of trade data from 2020 to 2024 reveals critical insights into import and export trends related to emeralds and other precious stones. The data indicates a noteworthy fluctuation in the trade of "rubies, sapphires, and emeralds worked. " Imports of this category have shown a general decline from $7. 41 million in 2020 to $768,000 in 2024. However, exports for the same period experienced a significant rise, reaching $92,000 from just $8,000 in 2022. This suggests a gradual shift towards strengthening export capabilities. Similarly, the "precious or semi-precious stones unwkd or sawn" category saw imports reaching a peak of $21,024,000 in 2021, before falling to $10,864,000 in 2024.

Exports, on the other hand, have been increasing, hitting $677,000 in 2023 from a mere $3,000 in 2020. This trend highlights Israel"s growing prowess in exporting unworked stones. For "other precious stones further worked," both import and export values rose substantially in the latest year. In 2024, exports reached a staggering $245. 223 million, against imports valued at $206. 999 million, reflecting Israel"s advanced capabilities in gemstone processing and value addition. These trends emphasize Israel"s strategic positioning in the global gemstones market. For businesses and investors seeking opportunities in the emerald sector, understanding these dynamics is crucial.

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