2022
Exports
$268MWorld Rnk 31 / 214
Flag Rnk 48 / 1100
2022
PRODUCT COMPLEXITY IN Jewellery
-0.41Rnk 675 / 1025
2022
Imports
$2.06BWorld Rnk 12 / 219
Flag Rnk 7 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $268M in Jewellery, making it the 31st largest exporter of Jewellery in the world. At the same year, Jewellery was the 48th most exported product in Saudi Arabia. The main destination of Jewellery exports from Saudi Arabia are: Switzerland ($151M), United Arab Emirates ($68.5M), Kuwait ($13.4M), Italy ($8.62M), and Ireland ($7.1M).

The fastest growing export markets for Jewellery of Saudi Arabia between 2021 and 2022 were Kuwait ($8.25M), Ireland ($7.09M), and Italy ($6.67M).

Imports In 2022, Saudi Arabia imported $2.06B in Jewellery, becoming the 12th largest importer of Jewellery in the world. At the same year, Jewellery was the 7th most imported product in Saudi Arabia. Saudi Arabia imports Jewellery primarily from: United Arab Emirates ($1.22B), Switzerland ($309M), United Kingdom ($232M), India ($63.8M), and United States ($55.8M).

The fastest growing import markets in Jewellery for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($518M), United States ($42.2M), and Turkey ($22.5M).

Latest Trends

Jul 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 Jewellery. 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)$268M
IMPORTS (2022)$2.06B
NET TRADE (2022)-$1.79B

In 2022, Saudi Arabia exported $268M in Jewellery. The main destinations of Saudi Arabia exports on Jewellery were Switzerland ($151M), United Arab Emirates ($68.5M), Kuwait ($13.4M), Italy ($8.62M), and Ireland ($7.1M).

In 2022, Saudi Arabia imported $2.06B in Jewellery, mainly from United Arab Emirates ($1.22B), Switzerland ($309M), United Kingdom ($232M), India ($63.8M), and United States ($55.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$8.25M (159%)
Ireland$7.09M (94.3k%)
Italy$6.67M (343%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Saudi Arabia WERE (2021 - 2022):
Switzerland-$113M (-42.8%)
United Kingdom-$12.1M (-88.1%)
India-$11.1M (-64.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
In 2022, Saudi Arabia's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $32.9M
TOP IMPORT POTENTIALIndia+ $79.1M

Jewellery’s highest export potential is United Arab Emirates. With an export gap of $32.9M.   Jewellery’s highest import potential is India with an import gap of $79.1M.

See methodology.

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