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2022
Exports $14.9MWorld Rnk 5 / 86
Flag Rnk 788 / 1216
2022
Destination $1.25M United States
2021 - 2022
FASTEST GROWING MARKET $1.25MUnited States
2022
Imports $23.5MWorld Rnk 6 / 131
Flag Rnk 884 / 1214
2022
Origin $3.29M China
2021 - 2022
FASTEST GROWING ORIGIN $3.29MThailand
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $14.9M in Precious Stone Dust, making it the 5th largest exporter of Precious Stone Dust in the world. At the same year, Precious Stone Dust was the 788th most exported product in United Kingdom. The main destination of Precious Stone Dust exports from United Kingdom are: United States ($3.75M), Germany ($1.6M), Switzerland ($1.4M), United Arab Emirates ($1.2M), and Japan ($1.18M).

The fastest growing export markets for Precious Stone Dust of United Kingdom between 2021 and 2022 were United States ($1.25M), Switzerland ($521k), and Belgium ($216k).

Imports In 2022, United Kingdom imported $23.5M in Precious Stone Dust, becoming the 6th largest importer of Precious Stone Dust in the world. At the same year, Precious Stone Dust was the 884th most imported product in United Kingdom. United Kingdom imports Precious Stone Dust primarily from: China ($5.52M), Israel ($4.36M), India ($3.49M), Thailand ($3.3M), and United Arab Emirates ($3.12M).

The fastest growing import markets in Precious Stone Dust for United Kingdom between 2021 and 2022 were Thailand ($3.29M), India ($3.09M), and China ($1.54M).

COMPANIES In 2023, leading companies such as Amazon (4), TE Connectivity (2), and Pernod Ricard (1) were at the forefront of shipping Precious Stone Dust from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Precious Stone Dust exports accounted up to £544k and imports accounted up to £579k, resulting in a negative trade balance of £34.4k. Between August 2023 and August 2024 the exports of United Kingdom's   Precious Stone Dust have decreased by £-51.3k (-8.61%) from £596k to £544k, while imports increased by £104k (21.9%) from £475k to £579k.

Destinations In August 2024, Precious Stone Dust were exported mostly to Germany (£68.8k), Japan (£56k), Austria (£51.4k), United Arab Emirates (£48k), and Hong Kong (£43.3k), and were imported mostly from China (£115k), Israel (£90.5k), India (£86.2k), Ireland (£76.1k), and Germany (£43.8k).

Growth In August 2024, the decrease in Precious Stone Dust's year-by-year exports was explained primarily by a decrease in exports to United States (£-324k or -90.6%), Switzerland (£-94.2k or -56.6%), and Netherlands (£-18.8k or -88.6%). In August 2024, the increase in Precious Stone Dust's year-by-year imports was explained primarily by an increase in imports from United States (£42.5k or 97.2%), Belgium (£20.4k or 190%), and Germany (£7.05k or 46.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-51.3k(-8.61%)
IMPORT GROWTH (August 2023 - August 2024)£104k(21.9%)
MAIN EXPORTER (August 2024)London Heathrow Airport£419k
MAIN DESTINATION (August 2024)Germany£68.8k

This section shows Precious Stone Dust'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 Precious Stone Dust over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.9M
IMPORTS (2022)$23.5M
NET TRADE (2022)-$8.63M

In 2022, United Kingdom exported $14.9M in Precious Stone Dust. The main destinations of United Kingdom exports on Precious Stone Dust were United States ($3.75M), Germany ($1.6M), Switzerland ($1.4M), United Arab Emirates ($1.2M), and Japan ($1.18M).

In 2022, United Kingdom imported $23.5M in Precious Stone Dust, mainly from China ($5.52M), Israel ($4.36M), India ($3.49M), Thailand ($3.3M), and United Arab Emirates ($3.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stone Dust EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$1.25M (50.1%)
Switzerland$521k (59.1%)
Belgium$216k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stone Dust BY United Kingdom WERE (2021 - 2022):
Qatar-$3.14M (-98.8%)
Germany-$584k (-26.7%)
Peru-$261k (-51.4%)
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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 Precious Stone Dust were:
China $229M
United States $58.2M
Ireland $38.8M
In 2022, United Kingdom's main importing competitors in Precious Stone Dust were:
United States $59.4M
Japan $39.5M
South Korea $39.3M

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Trade Value of Precious Stone Dust by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIreland+ $307k
TOP IMPORT POTENTIALChina+ $854k

Precious Stone Dust’s highest export potential is Ireland. With an export gap of $307k.   Precious Stone Dust’s highest import potential is China with an import gap of $854k.

See methodology.

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