2022
Exports
$334MWorld Rnk 8 / 162
Flag Rnk 106 / 1208
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$241MWorld Rnk 11 / 185
Flag Rnk 182 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $334M in Precious Stones, making it the 8th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 106th most exported product in United Arab Emirates. The main destination of Precious Stones exports from United Arab Emirates are: Mozambique ($106M), India ($70.3M), Hong Kong ($50.7M), United States ($45.8M), and Thailand ($13.6M).

The fastest growing export markets for Precious Stones of United Arab Emirates between 2021 and 2022 were Mozambique ($84M), United States ($42.6M), and Thailand ($10.4M).

Imports In 2022, United Arab Emirates imported $241M in Precious Stones, becoming the 11th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 182nd most imported product in United Arab Emirates. United Arab Emirates imports Precious Stones primarily from: Mozambique ($35.1M), India ($34.8M), United States ($32.1M), Zambia ($32M), and Thailand ($24.9M).

The fastest growing import markets in Precious Stones for United Arab Emirates between 2021 and 2022 were Mozambique ($31.6M), India ($21.8M), and Sri Lanka ($13.4M).

Latest Trends

Sep 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 Stones. 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)$334M
IMPORTS (2022)$241M
NET TRADE (2022)$92.8M

In 2022, United Arab Emirates exported $334M in Precious Stones. The main destinations of United Arab Emirates exports on Precious Stones were Mozambique ($106M), India ($70.3M), Hong Kong ($50.7M), United States ($45.8M), and Thailand ($13.6M).

In 2022, United Arab Emirates imported $241M in Precious Stones, mainly from Mozambique ($35.1M), India ($34.8M), United States ($32.1M), Zambia ($32M), and Thailand ($24.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Mozambique$84M (379%)
United States$42.6M (1.31k%)
Thailand$10.4M (317%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY United Arab Emirates WERE (2021 - 2022):
India-$78.6M (-52.8%)
Switzerland-$29.9M (-71.6%)
China-$9.33M (-99.8%)

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 Stones were:
In 2022, United Arab Emirates's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.74M
TOP IMPORT POTENTIALIndia+ $6.22M

Precious Stones’s highest export potential is United States. With an export gap of $5.74M.   Precious Stones’s highest import potential is India with an import gap of $6.22M.

See methodology.

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