🇬🇧 United Kingdom imports of precious metal jewelry: 2024 trade data
The United Kingdom imported $2.87 billion of precious metal jewelry in 2024 (405 tonnes). It ranks 10th of 215 countries for imports of this product. That is 4% more than in 2023. Over 2017-2024 it shrank by about 6% a year on average. The peak in this period was 2019, at $5.47 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of precious metal jewelry by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.87B | 405 t |
| 2023 | $2.77B | 431 t |
| 2022 | $3.39B | 694 t |
| 2021 | $2.77B | 830 t |
| 2020 | $3.03B | 530 t |
| 2019 | $5.47B | 1.2K t |
| 2018 | $4.11B | 1.1K t |
| 2017 | $4.57B | 1,000 t |
Where the United Kingdom imports precious metal jewelry from
Most of the value came from Switzerland (16%), India (15%), France (12%). Trade is spread widely: the top three suppliers together make up only 43%.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $457.7M | 16% |
| 🇮🇳 India | $418.5M | 15% |
| 🇫🇷 France | $358.8M | 13% |
| 🇹🇭 Thailand | $336.2M | 12% |
| 🇦🇪 United Arab Emirates | $301.9M | 11% |
| 🇮🇹 Italy | $253.0M | 8.8% |
| 🇺🇸 United States | $211.0M | 7.4% |
| 🇨🇳 China | $115.8M | 4% |
| 🇭🇰 Hong Kong | $93.3M | 3.3% |
| 🇹🇷 Turkey | $63.6M | 2.2% |
Types of precious metal jewelry under HS 7113
| 7113.19 | Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | 85% |
| 7113.11 | Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof | 14% |
| 7113.20 | Jewellery: of base metal clad with precious metal, and parts thereof | 0.9% |
Codes and full descriptions: HS heading 7113.
Average import price of precious metal jewelry
The average declared value was about $7,086.02 per kg, 32% below the world average of $10,377.38, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also exports precious metal jewelry
Exports of precious metal jewelry by the United Kingdom reached $2.54 billion in 2024 (154 tonnes). Its share of world exports was 2%. The largest buyer markets were Switzerland (19%), Hong Kong (18%), United Arab Emirates (11%). Trade is spread widely: the top three buyer markets together make up only 48%. Among the main buyer markets, Qatar grew fastest (+984% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $492.3M | 19% |
| 🇭🇰 Hong Kong | $469.6M | 19% |
| 🇦🇪 United Arab Emirates | $267.8M | 11% |
| 🇫🇷 France | $256.3M | 10% |
| 🇶🇦 Qatar | $221.0M | 8.7% |
| 🇺🇸 United States | $195.4M | 7.7% |
| 🇸🇦 Saudi Arabia | $143.3M | 5.7% |
| 🇳🇱 Netherlands | $97.1M | 3.8% |
| 🇯🇵 Japan | $60.2M | 2.4% |
| 🇮🇪 Ireland | $54.2M | 2.1% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal.
Precious metal jewelry trade in the United Kingdom: questions
What is the value of precious metal jewelry imported by the United Kingdom?
The United Kingdom imported precious metal jewelry worth $2.87 billion in 2024 (405 tonnes).
Where does the United Kingdom import precious metal jewelry from?
The main supplier countries in 2024 were Switzerland (16%), India (15%), France (12%).
What is the average import price of precious metal jewelry in the United Kingdom?
The average declared import value was about $7,086.02 per kg in 2024, against a world average of $10,377.38 per kg.
Does the United Kingdom export precious metal jewelry?
Yes. The United Kingdom exported precious metal jewelry worth $2.54 billion in 2024, mainly to Switzerland, Hong Kong, United Arab Emirates.
What is the HS code for precious metal jewelry?
Precious metal jewelry falls under HS heading 7113 (Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal). The six-digit codes under it split the product by type.
How can I find the companies trading precious metal jewelry with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Precious metal jewelry trade in other countries
More trade data for the United Kingdom
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