I've found it to be 50-50 or less in my recent experience, but there's an interesting reason why. I recently shopped for a fidget ring and found AliExpress had

I've found it to be 50-50 or less in my recent experience, but there's an interesting reason why. I recently shopped for a fidget ring and found AliExpress had lots of options, but none that fit my size 14 fingers. So I checked Etsy and was pleasantly surprised to see only ~20% of their listings were rings from AliExpress. Another 70% of listings were for rings that all had similar designs but were slightly unique from each other, each with unique listing photos, and all with minor flaws from being handmade. Eventually one seller had an honest bio that describe themselves as a "jewelry making village near Jaipur, India". I believe many pieces are actually handmade to a degree, in what I presume to be a series of small rural workshops with correspondingly cheap labor. They are probably given order lists by middlemen who run their own Etsy stores and are willing to deal with the logistics and customer service.