Overview In January 2023 United Kingdom's Jewellery exports accounted up to £107M and imports accounted up to £137M, resulting in a negative trade balance of £30.2M. Between January 2022 and January 2023 the exports of United Kingdom's Jewellery have decreased by £-22.7M (-17.5%) from £130M to £107M, while imports decreased by £-760k (-0.55%) from £138M to £137M.
Destinations In January 2023, Jewellery were exported mostly to France (£22.5M), Switzerland (£18.4M), United States (£14.3M), Hong Kong (£13.1M), and United Arab Emirates (£12.9M), and were imported mostly from United States (£25M), India (£17.1M), Thailand (£15.1M), United Arab Emirates (£14.9M), and Switzerland (£14M).
Growth In January 2023, the decrease in Jewellery's year-by-year exports was explained primarily by a decrease in exports to Switzerland (£-39.3M or -74.8%), Italy (£-1.15M or -45%), and India (£-854k or -82.9%). In January 2023, the decrease in Jewellery's year-by-year imports was explained primarily by a decrease in imports from Germany (£-6.15M or -68.7%), Spain (£-3.47M or -92%), and Belgium (£-327k or -30.5%).