Precious stones, metals, & pearls in United Arab Emirates 2020 Exports | Imports : $42.6B | $53.5B, World Rnk 4 / 219 Rnk 2 / 96 | World Rnk 5 / 222 Rnk 1 / 96
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.68B | $4.38B, Italy | Guinea
2020 ECONOMIC COMPLEXITY of United Arab Emirates: 0.16, Rnk 51 / 127
2020 PRODUCT COMPLEXITY IN Precious stones, metals, & pearls: 0.58, Rnk 330 / 1029
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%).
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.
EXPORTS (2020): $42.6B
IMPORTS (2020): $53.5B
NET TRADE (2020): -$10.9B
In 2020, United Arab Emirates exported $42.6B in Precious stones, metals, & pearls. The main destinations of United Arab Emirates exports on Precious stones, metals, & pearls were Switzerland ($9.96B), India ($6.89B), Hong Kong ($6.19B), Turkey ($5.23B), and Italy ($4.78B).
In 2020, United Arab Emirates imported $53.5B in Precious stones, metals, & pearls, mainly from Guinea ($6.62B), India ($3.9B), Uganda ($3.47B), Mali ($2.95B), and South Africa ($2.53B).
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR United Arab Emirates WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY United Arab Emirates WERE (2019 - 2020):
In 2020, United Arab Emirates's main exporting competitors in Precious stones, metals, & pearls were:
In 2020, United Arab Emirates's main importing competitors in Precious stones, metals, & pearls were:
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