2022
Exports
$730MWorld Rnk 4 / 178
Flag Rnk 44 / 1208
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$803MWorld Rnk 6 / 208
Flag Rnk 55 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $730M in Precious Metal Watches, making it the 4th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 44th most exported product in United Arab Emirates. The main destination of Precious Metal Watches exports from United Arab Emirates are: Hong Kong ($168M), Switzerland ($110M), United States ($83.9M), China ($63.7M), and Qatar ($43.1M).

The fastest growing export markets for Precious Metal Watches of United Arab Emirates between 2021 and 2022 were Hong Kong ($123M), China ($62.2M), and United States ($55.3M).

Imports In 2022, United Arab Emirates imported $803M in Precious Metal Watches, becoming the 6th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 55th most imported product in United Arab Emirates. United Arab Emirates imports Precious Metal Watches primarily from: Switzerland ($522M), United States ($56.2M), Hong Kong ($47.6M), China ($41.4M), and United Kingdom ($29.1M).

The fastest growing import markets in Precious Metal Watches for United Arab Emirates between 2021 and 2022 were Switzerland ($51M), Hong Kong ($46.5M), and United States ($32M).

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 Precious Metal Watches. 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)$730M
IMPORTS (2022)$803M
NET TRADE (2022)-$73.4M

In 2022, United Arab Emirates exported $730M in Precious Metal Watches. The main destinations of United Arab Emirates exports on Precious Metal Watches were Hong Kong ($168M), Switzerland ($110M), United States ($83.9M), China ($63.7M), and Qatar ($43.1M).

In 2022, United Arab Emirates imported $803M in Precious Metal Watches, mainly from Switzerland ($522M), United States ($56.2M), Hong Kong ($47.6M), China ($41.4M), and United Kingdom ($29.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Hong Kong$123M (276%)
China$62.2M (4.29k%)
United States$55.3M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY United Arab Emirates WERE (2021 - 2022):
Switzerland-$18.4M (-14.4%)
Oman-$17.5M (-29.1%)
Macau-$9.54M (-62.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Precious Metal Watches were:
In 2022, United Arab Emirates's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $9.8M
TOP IMPORT POTENTIALFrance+ $4.51M

Precious Metal Watches’s highest export potential is China. With an export gap of $9.8M.   Precious Metal Watches’s highest import potential is France with an import gap of $4.51M.

See methodology.

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