Precious Metal Ore in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $23.8M in Precious Metal Ore, making it the 37th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 1026th most exported product in China. The main destination of Precious Metal Ore exports from China are: Finland ($10.9M), Germany ($9.37M), Hong Kong ($2.36M), South Korea ($422k), and Suriname ($365k).

The fastest growing export markets for Precious Metal Ore of China between 2021 and 2022 were Finland ($10.9M), Germany ($9.37M), and Hong Kong ($2.36M).

Imports In 2022, China imported $5.16B in Precious Metal Ore, becoming the 1st largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 69th most imported product in China. China imports Precious Metal Ore primarily from: Mexico ($987M), Peru ($791M), Russia ($416M), Indonesia ($360M), and Bolivia ($287M).

The fastest growing import markets in Precious Metal Ore for China between 2021 and 2022 were Mexico ($969M), Indonesia ($354M), and Tajikistan ($203M).

COMPANIES In 2023, leading companies such as AT HOME PROCUREMENT INC (52), CONAIR CORPORATION (14), and 99 CENTS ONLY STORES LLC (6) were at the forefront of shipping Precious Metal Ore from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Precious Metal Ore exports accounted up to $962k and imports accounted up to $642M, resulting in a negative trade balance of $641M. Between February 2023 and February 2024 the exports of China's Precious Metal Ore have increased by $962k (250k%) from $384 to $962k, while imports decreased by $-27.1M (-4.05%) from $669M to $642M.

Destinations In February 2024, Precious Metal Ore were exported mostly to Finland ($962k), and were imported mostly from Peru ($180M), Russia ($95.7M), Mexico ($80.3M), Brazil ($51.8M), and Kazakhstan ($39.8M).

Growth In February 2024, the increase in Precious Metal Ore's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the decrease in Precious Metal Ore's year-by-year imports was explained primarily by a decrease in imports from Spain ($-24.1M or -64%), Australia ($-7.59M or -18.6%), and Serbia ($-5.17M or -52.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$962k(250k%)

IMPORT GROWTH (February 2023 - February 2024)$-27.1M(-4.05%)

MAIN EXPORTER (February 2024)Tianjin$2.73M

MAIN DESTINATION (February 2024)Finland$962k

This section shows Precious Metal Ore's exports and imports data at subnational level for China. 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 Precious Metal Ore over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$23.8M

IMPORTS (2022)$5.16B

NET TRADE (2022)-$5.13B

In 2022, China exported $23.8M in Precious Metal Ore. The main destinations of China exports on Precious Metal Ore were Finland ($10.9M), Germany ($9.37M), Hong Kong ($2.36M), South Korea ($422k), and Suriname ($365k).

In 2022, China imported $5.16B in Precious Metal Ore, mainly from Mexico ($987M), Peru ($791M), Russia ($416M), Indonesia ($360M), and Bolivia ($287M).

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