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2022
Exports $3.2BWorld Rnk 11 / 214
Flag Rnk 22 / 1216
2022
Destination $451M Switzerland
2021 - 2022
FASTEST GROWING MARKET $451MQatar
2022
PRODUCT COMPLEXITY IN Jewellery-0.41Rnk 675 / 1025
2022
Imports $3.77BWorld Rnk 7 / 219
Flag Rnk 24 / 1214
2022
Origin $264M United States
2021 - 2022
FASTEST GROWING ORIGIN $264MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $3.2B in Jewellery, making it the 11th largest exporter of Jewellery in the world. At the same year, Jewellery was the 22nd most exported product in United Kingdom. The main destination of Jewellery exports from United Kingdom are: Switzerland ($607M), Qatar ($480M), Hong Kong ($332M), United Arab Emirates ($298M), and United States ($279M).

The fastest growing export markets for Jewellery of United Kingdom between 2021 and 2022 were Qatar ($451M), France ($182M), and United Kingdom ($90.9M).

Imports In 2022, United Kingdom imported $3.77B in Jewellery, becoming the 7th largest importer of Jewellery in the world. At the same year, Jewellery was the 24th most imported product in United Kingdom. United Kingdom imports Jewellery primarily from: United States ($738M), Switzerland ($717M), India ($403M), Thailand ($337M), and France ($332M).

The fastest growing import markets in Jewellery for United Kingdom between 2021 and 2022 were United States ($264M), Switzerland ($219M), and Thailand ($92.9M).

COMPANIES In 2023, leading companies such as Amazon (8) were at the forefront of shipping Jewellery from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Jewellery exports accounted up to £105M and imports accounted up to £205M, resulting in a negative trade balance of £100M. Between August 2023 and August 2024 the exports of United Kingdom's   Jewellery have increased by £4.4M (4.4%) from £100M to £105M, while imports increased by £25.9M (14.4%) from £179M to £205M.

Destinations In August 2024, Jewellery were exported mostly to Switzerland (£19M), Hong Kong (£18M), United States (£15.4M), United Arab Emirates (£8.46M), and France (£6.23M), and were imported mostly from France (£38.6M), United Arab Emirates (£28.8M), India (£28.7M), Switzerland (£24.3M), and Hong Kong (£14.9M).

Growth In August 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to Switzerland (£5.2M or 39.4%), Italy (£3.22M or 230%), and Qatar (£2.61M or 140%). In August 2024, the increase in Jewellery's year-by-year imports was explained primarily by an increase in imports from United States (£10.4M or 70.8%), Italy (£3.97M or 68.8%), and Germany (£1.7M or 60.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£4.4M(4.4%)
IMPORT GROWTH (August 2023 - August 2024)£25.9M(14.4%)
MAIN EXPORTER (August 2024)London Heathrow Airport£602M
MAIN DESTINATION (August 2024)Switzerland£19M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.2B
IMPORTS (2022)$3.77B
NET TRADE (2022)-$568M

In 2022, United Kingdom exported $3.2B in Jewellery. The main destinations of United Kingdom exports on Jewellery were Switzerland ($607M), Qatar ($480M), Hong Kong ($332M), United Arab Emirates ($298M), and United States ($279M).

In 2022, United Kingdom imported $3.77B in Jewellery, mainly from United States ($738M), Switzerland ($717M), India ($403M), Thailand ($337M), and France ($332M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Qatar$451M (1.56k%)
France$182M (219%)
United Kingdom$90.9M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY United Kingdom WERE (2021 - 2022):
Saudi Arabia-$75.3M (-24.5%)
Bahrain-$64.2M (-95.1%)
Hong Kong-$58.8M (-15.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
Switzerland $11.8B
In 2022, United Kingdom's main importing competitors in Jewellery were:
Hong Kong $21.1B
United States $15.6B
United Arab Emirates $11B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $144M
TOP IMPORT POTENTIALIndia+ $152M

Jewellery’s highest export potential is United States. With an export gap of $144M.   Jewellery’s highest import potential is India with an import gap of $152M.

See methodology.

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