2022
Exports
$61.8BWorld Rnk 3 / 220
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$87.9BWorld Rnk 2 / 225
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $61.8B in Precious stones, metals, & pearls, making it the 3rd largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 2nd most exported product in United Arab Emirates. The main destination of Precious stones, metals, & pearls exports from United Arab Emirates are: India ($15B), Switzerland ($9B), Hong Kong ($8.8B), Kuwait ($5.07B), and Saudi Arabia ($3.77B).

The fastest growing export markets for Precious stones, metals, & pearls of United Arab Emirates between 2021 and 2022 were Kuwait ($3.36B), Turkey ($1.88B), and Iraq ($1.39B).

Imports In 2022, United Arab Emirates imported $87.9B in Precious stones, metals, & pearls, becoming the 2nd largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 1st most imported product in United Arab Emirates. United Arab Emirates imports Precious stones, metals, & pearls primarily from: Russia ($7.11B), India ($6.06B), Mali ($5.57B), United Kingdom ($4.83B), and Ghana ($4.68B).

The fastest growing import markets in Precious stones, metals, & pearls for United Arab Emirates between 2021 and 2022 were Russia ($5.75B), Ghana ($2.98B), and United Kingdom ($1.96B).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Precious stones, metals, & pearls. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$61.8B
IMPORTS (2022)$87.9B
NET TRADE (2022)-$26.1B

In 2022, United Arab Emirates exported $61.8B in Precious stones, metals, & pearls. The main destinations of United Arab Emirates exports on Precious stones, metals, & pearls were India ($15B), Switzerland ($9B), Hong Kong ($8.8B), Kuwait ($5.07B), and Saudi Arabia ($3.77B).

In 2022, United Arab Emirates imported $87.9B in Precious stones, metals, & pearls, mainly from Russia ($7.11B), India ($6.06B), Mali ($5.57B), United Kingdom ($4.83B), and Ghana ($4.68B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Kuwait$3.36B (196%)
Turkey$1.88B (103%)
Iraq$1.39B (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY United Arab Emirates WERE (2021 - 2022):
India-$1.25B (-7.72%)
Italy-$1.07B (-73.7%)
Egypt-$469M (-60.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, United Arab Emirates's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $483M
TOP IMPORT POTENTIALUnited States+ $265M

Precious stones, metals, & pearls’s highest export potential is China. With an export gap of $483M.   Precious stones, metals, & pearls’s highest import potential is United States with an import gap of $265M.

See methodology.

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