Precious Metal Watches in   United Kingdom

Overview In June 2024 United Kingdom's Precious Metal Watches exports accounted up to £41.7M and imports accounted up to £59M, resulting in a negative trade balance of £17.3M. Between June 2023 and June 2024 the exports of United Kingdom's   Precious Metal Watches have increased by £7.3M (21.2%) from £34.4M to £41.7M, while imports decreased by £-1.8M (-2.96%) from £60.8M to £59M.

Destinations In June 2024, Precious Metal Watches were exported mostly to Hong Kong (£15M), Switzerland (£12.9M), United States (£5.46M), United Arab Emirates (£1.7M), and France (£1.27M), and were imported mostly from Switzerland (£49.4M), Denmark (£1.87M), Hong Kong (£1.82M), Germany (£1.42M), and United States (£1.08M).

Growth In June 2024, the increase in Precious Metal Watches's year-by-year exports was explained primarily by an increase in exports to Switzerland (£3.89M or 82.9%), Thailand (£955k or 14.7k%), and Netherlands (£264k or 36.3%). In June 2024, the decrease in Precious Metal Watches's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-1.34M or -78.7%), France (£-1.06M or -63.3%), and United Arab Emirates (£-370k or -81.8%).