Can the journey of a jewellery item be traced from import to sale?

A buyer can see the assay mark on a jewellery item and receive a sales receipt. But can this information reveal who imported the item, whether it was properly declared and cleared, and whether the receipt refers to that specific product?

This question is particularly relevant as the industry continues to develop rapidly. In 2025, the turnover of companies selling jewellery reached UZS 21.75 trillion. Sales recorded through online receipts amounted to UZS 12.81 trillion, representing 58.9% of total turnover. In 2024, this figure stood at 75%.

A decline in the share of sales recorded through online receipts does not, by itself, prove that informal trade has increased. The indicator may also be affected by wholesale transactions, the movement of metals and accounting practices. Nevertheless, the situation highlights the importance of tracing a product’s journey—from production or import to its sale to the final buyer.

The study examines risks arising at different stages of product movement and proposes measures to mitigate them. These include assigning a unique digital ID to each item, linking it to customs and tax data, enabling verification through a QR code, and simplifying clearance procedures for trusted importers. This approach would help identify violations more accurately while reducing unnecessary administrative burdens on businesses operating lawfully.

Read the full study to learn more about the proposals for increasing transparency in the jewellery market and improving oversight mechanisms.