HS Icon Precious stones, metals, & pearls in  Flag United Arab Emirates

2021
Exports | Imports
: $55.4B | $70.6B, World Rnk 3 / 225
Flag Rnk 2 / 96 | World Rnk 6 / 225
Flag Rnk 1 / 96

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $9.35B | $4.37B, India |  Mali

2021
ECONOMIC COMPLEXITY of United Arab Emirates
: 0.16, Rnk 55 / 131

2021
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
: 0.57, Rnk 334 / 1029

Exports In 2021, United Arab Emirates exported $55.4B 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 ($16.2B), Hong Kong ($9.19B), Switzerland ($8.44B), Saudi Arabia ($3.77B), and Turkey ($1.82B).

The fastest growing export markets for Precious stones, metals, & pearls of United Arab Emirates between 2020 and 2021 were India ($9.35B), Hong Kong ($3B), and Saudi Arabia ($2.61B).

Imports In 2021, United Arab Emirates imported $70.6B in Precious stones, metals, & pearls, becoming the 6th 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: Mali ($7.32B), India ($5.34B), Zimbabwe ($3.64B), Turkey ($3.6B), and United Kingdom ($2.9B).

The fastest growing import markets in Precious stones, metals, & pearls for United Arab Emirates between 2020 and 2021 were Mali ($4.37B), Turkey ($2.65B), and Zimbabwe ($1.75B).

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 treatment, 3.23%), Burundi (Most Favoured Nation duty rate treatment, 3.23%), Benin (Most Favoured Nation duty rate treatment, 3.23%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.23%), and Botswana (Most Favoured Nation duty rate treatment, 3.23%).

Apr 2023

Subnational Monthly Trade

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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

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EXPORTS (2021): $55.4B

IMPORTS (2021): $70.6B

NET TRADE (2021): -$15.2B

In 2021, United Arab Emirates exported $55.4B in Precious stones, metals, & pearls. The main destinations of United Arab Emirates exports on Precious stones, metals, & pearls were India ($16.2B), Hong Kong ($9.19B), Switzerland ($8.44B), Saudi Arabia ($3.77B), and Turkey ($1.82B).

In 2021, United Arab Emirates imported $70.6B in Precious stones, metals, & pearls, mainly from Mali ($7.32B), India ($5.34B), Zimbabwe ($3.64B), Turkey ($3.6B), and United Kingdom ($2.9B).

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THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR United Arab Emirates WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY United Arab Emirates WERE (2020 - 2021):

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Market Concentration

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In 2021, United Arab Emirates's main exporting competitors in Precious stones, metals, & pearls were:

In 2021, United Arab Emirates's main importing competitors in Precious stones, metals, & pearls were:

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