Jewellery in United Kingdom | The Observatory of Economic Complexity

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 SERVICES LLC (7) and GOLDEN STATE FC LLC (1) were at the forefront of shipping Jewellery from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Jewellery exports accounted up to £622M and imports accounted up to £173M, resulting in a positive trade balance of £450M. Between February 2023 and February 2024 the exports of United Kingdom's Jewellery have increased by £121M (24.1%) from £502M to £622M, while imports increased by £34.7M (25.2%) from £138M to £173M.

Destinations In February 2024, Jewellery were exported mostly to Qatar (£330M), Saudi Arabia (£138M), Hong Kong (£42.4M), Switzerland (£30.6M), and United Arab Emirates (£24.1M), and were imported mostly from India (£23.8M), Switzerland (£19.8M), United Arab Emirates (£18.3M), Thailand (£15.9M), and United States (£15.6M).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£121M(24.1%)

IMPORT GROWTH (February 2023 - February 2024)£34.7M(25.2%)

MAIN EXPORTER (February 2024)London Heathrow Airport£602M

MAIN DESTINATION (February 2024)Qatar£330M

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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