Exports In 2020, United Arab Emirates exported $42.6B in Precious stones, metals, & pearls, making it the 4th 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: Switzerland ($9.96B), India ($6.89B), Hong Kong ($6.19B), Turkey ($5.23B), and Italy ($4.78B).
The fastest growing export markets for Precious stones, metals, & pearls of United Arab Emirates between 2019 and 2020 were Italy ($4.68B), Hong Kong ($2.74B), and Turkey ($1.59B).
Imports In 2020, United Arab Emirates imported $53.5B in Precious stones, metals, & pearls, becoming the 5th 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: Guinea ($6.62B), India ($3.9B), Uganda ($3.47B), Mali ($2.95B), and South Africa ($2.53B).
The fastest growing import markets in Precious stones, metals, & pearls for United Arab Emirates between 2019 and 2020 were Guinea ($4.38B), Uganda ($1.85B), and Niger ($1.29B).
Tariffs In 2018, the average tariff for United Arab Emirates in Precious stones, metals, & pearls was 3.11%. The countries with the highest import tariffs for Precious stones, metals, & pearls were Angola (Most Favoured Nation duty rate treatement, 3.23%), Burundi (Most Favoured Nation duty rate treatement, 3.23%), Benin (Most Favoured Nation duty rate treatement, 3.23%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.23%), and Botswana (Most Favoured Nation duty rate treatement, 3.23%).