Pearls in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $6.12M in Pearls, making it the 13th largest exporter of Pearls in the world. At the same year, Pearls was the 932nd most exported product in United Kingdom. The main destination of Pearls exports from United Kingdom are: United States ($2.29M), Thailand ($837k), United Arab Emirates ($682k), Ireland ($579k), and United Kingdom ($537k).

The fastest growing export markets for Pearls of United Kingdom between 2021 and 2022 were United States ($1.85M), United Arab Emirates ($604k), and Ireland ($548k).

Imports In 2022, United Kingdom imported $5.4M in Pearls, becoming the 14th largest importer of Pearls in the world. At the same year, Pearls was the 1075th most imported product in United Kingdom. United Kingdom imports Pearls primarily from: United States ($1.21M), China ($872k), Japan ($868k), United Kingdom ($537k), and Thailand ($443k).

The fastest growing import markets in Pearls for United Kingdom between 2021 and 2022 were China ($336k), United Kingdom ($284k), and Japan ($282k).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Pearls exports accounted up to £816k and imports accounted up to £172k, resulting in a positive trade balance of £643k. Between February 2023 and February 2024 the exports of United Kingdom's Pearls have increased by £600k (278%) from £216k to £816k, while imports decreased by £-292k (-62.9%) from £465k to £172k.

Destinations In February 2024, Pearls were exported mostly to Hong Kong (£695k), Oman (£90k), Netherlands (£8.99k), New Zealand (£8.16k), and Singapore (£5.99k), and were imported mostly from Hong Kong (£90.9k), United States (£26.9k), Japan (£26.5k), Germany (£8.68k), and China (£8.14k).

Growth In February 2024, the increase in Pearls's year-by-year exports was explained primarily by an increase in exports to Germany (£8.72k or 140%). In February 2024, the decrease in Pearls's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-66.5k or -42.3%), Germany (£-11.6k or -34.5%), and Japan (£-1.18k or -22%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£600k(278%)

IMPORT GROWTH (February 2023 - February 2024)£-292k(-62.9%)

MAIN EXPORTER (February 2024)London Heathrow Airport£768k

MAIN DESTINATION (February 2024)Hong Kong£695k

This section shows Pearls'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 Pearls over time.

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