Jewellery in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $3.2B in Jewellery, making it the 11th largest exporter of Jewellery in the world. At the same year, Jewellery was the 22nd most exported product in United Kingdom. The main destination of Jewellery exports from United Kingdom are: Switzerland ($607M), Qatar ($480M), Hong Kong ($332M), United Arab Emirates ($298M), and United States ($279M).

The fastest growing export markets for Jewellery of United Kingdom between 2021 and 2022 were Qatar ($451M), France ($182M), and United Kingdom ($90.9M).

Imports In 2022, United Kingdom imported $3.77B in Jewellery, becoming the 7th largest importer of Jewellery in the world. At the same year, Jewellery was the 24th most imported product in United Kingdom. United Kingdom imports Jewellery primarily from: United States ($738M), Switzerland ($717M), India ($403M), Thailand ($337M), and France ($332M).

The fastest growing import markets in Jewellery for United Kingdom between 2021 and 2022 were United States ($264M), Switzerland ($219M), and Thailand ($92.9M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (464) were at the forefront of shipping Jewellery from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Jewellery exports accounted up to £129M and imports accounted up to £150M, resulting in a negative trade balance of £21.3M. Between January 2023 and January 2024 the exports of United Kingdom's Jewellery have increased by £22M (20.5%) from £107M to £129M, while imports increased by £13M (9.48%) from £137M to £150M.

Destinations In January 2024, Jewellery were exported mostly to Switzerland (£26M), France (£22.9M), Hong Kong (£16.9M), United Arab Emirates (£13.2M), and United States (£12.6M), and were imported mostly from Switzerland (£23.1M), India (£22.2M), France (£16M), United Arab Emirates (£15.8M), and United States (£12.1M).

Growth In January 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to Switzerland (£5.2M or 39.4%), Italy (£3.22M or 230%), and Qatar (£2.61M or 140%). In January 2024, the increase in Jewellery's year-by-year imports was explained primarily by an increase in imports from United States (£10.4M or 70.8%), Italy (£3.97M or 68.8%), and Germany (£1.7M or 60.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£22M(20.5%)

IMPORT GROWTH (January 2023 - January 2024)£13M(9.48%)

MAIN EXPORTER (January 2024)London Heathrow Airport£108M

MAIN DESTINATION (January 2024)Switzerland£26M

This section shows Jewellery's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Jewellery over time.

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