Jewellery in United Kingdom 2021 Exports | Imports : $2.49B | $3.11B, World Rnk 11 / 210 Rnk 27 / 1216 | World Rnk 7 / 219 Rnk 31 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $331M | $210M, United Arab Emirates | United States
2021 ECONOMIC COMPLEXITY of United Kingdom: 1.43, Rnk 11 / 131
2021 PRODUCT COMPLEXITY IN Jewellery: -0.43, Rnk 681 / 1029
Exports In 2021, United Kingdom exported $2.49B in Jewellery, making it the 11th largest exporter of Jewellery in the world. At the same year, Jewellery was the 27th most exported product in United Kingdom. The main destination of Jewellery exports from United Kingdom are: Switzerland ($537M), Hong Kong ($390M), United Arab Emirates ($358M), Saudi Arabia ($308M), and United States ($275M).
The fastest growing export markets for Jewellery of United Kingdom between 2020 and 2021 were United Arab Emirates ($331M), Saudi Arabia ($281M), and United States ($127M).
Imports In 2021, United Kingdom imported $3.11B in Jewellery, becoming the 7th largest importer of Jewellery in the world. At the same year, Jewellery was the 31st most imported product in United Kingdom. United Kingdom imports Jewellery primarily from: Switzerland ($502M), United States ($474M), India ($381M), France ($292M), and United Arab Emirates ($247M).
The fastest growing import markets in Jewellery for United Kingdom between 2020 and 2021 were United States ($210M), India ($166M), and United Arab Emirates ($160M).
January 2023
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%).
EXPORT GROWTH (January 2022 - January 2023): £-22.7M, (-17.5%)
IMPORT GROWTH (January 2022 - January 2023): £-760k, (-0.55%)
MAIN EXPORTER (January 2023): London Heathrow Airport, £87M
MAIN DESTINATION (January 2023): France, £22.5M
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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EXPORTS (2021): $2.49B
IMPORTS (2021): $3.11B
NET TRADE (2021): -$617M
In 2021, United Kingdom exported $2.49B in Jewellery. The main destinations of United Kingdom exports on Jewellery were Switzerland ($537M), Hong Kong ($390M), United Arab Emirates ($358M), Saudi Arabia ($308M), and United States ($275M).
In 2021, United Kingdom imported $3.11B in Jewellery, mainly from Switzerland ($502M), United States ($474M), India ($381M), France ($292M), and United Arab Emirates ($247M).
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY United Kingdom WERE (2020 - 2021):
In 2021, United Kingdom's main exporting competitors in Jewellery were:
In 2021, United Kingdom's main importing competitors in Jewellery were:
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