2023
Exports
$42.1MWorld Rnk 36 / 108
Flag Rnk 956 / 1215
2023
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.75Rnk 979 / 1025
2023
Imports
$8.08BWorld Rnk 1 / 107
Flag Rnk 38 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $42.1M in Precious Metal Ore, making it the 36th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 956th most exported product in China. The main destination of Precious Metal Ore exports from China are: Germany ($14.9M), Finland ($12.6M), Chinese Taipei ($11.8M), Malaysia ($2.15M), and United Arab Emirates ($432k).

The fastest growing export markets for Precious Metal Ore of China between 2022 and 2023 were Chinese Taipei ($11.8M), Germany ($5.74M), and Malaysia ($2.15M).

Imports In 2023, China imported $8.08B 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 38th most imported product in China. China imports Precious Metal Ore primarily from: Mexico ($1.6B), Russia ($1.28B), Peru ($894M), Bolivia ($494M), and Australia ($453M).

The fastest growing import markets in Precious Metal Ore for China between 2022 and 2023 were Russia ($852M), Mexico ($577M), and Brazil ($279M).

COMPANIES In 2024, leading companies such as At Home Procurement (1) were at the forefront of shipping Precious Metal Ore from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - July 2024)$-108(-100%)
IMPORT GROWTH (December 2023 - December 2024)$411M(51%)
MAIN EXPORTER (July 2024)Tianjin$2.73M
MAIN DESTINATION (July 2024)

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
EXPORTS (2023)$42.1M
IMPORTS (2023)$8.08B
NET TRADE (2023)-$8.03B

In 2023, China exported $42.1M in Precious Metal Ore. The main destinations of China exports on Precious Metal Ore were Germany ($14.9M), Finland ($12.6M), Chinese Taipei ($11.8M), Malaysia ($2.15M), and United Arab Emirates ($432k).

In 2023, China imported $8.08B in Precious Metal Ore, mainly from Mexico ($1.6B), Russia ($1.28B), Peru ($894M), Bolivia ($494M), and Australia ($453M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
Chinese Taipei$11.8M (127k%)
Germany$5.74M (62.8%)
Malaysia$2.15M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY China WERE (2022 - 2023):
Hong Kong-$2.36M (-100%)
South Korea-$430k (-100%)
Suriname-$243k (-63.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Precious Metal Ore were:
In 2023, China's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.91M
TOP IMPORT POTENTIALRussia+ $148M

Precious Metal Ore’s highest export potential is Germany. With an export gap of $3.91M.   Precious Metal Ore’s highest import potential is Russia with an import gap of $148M.

See methodology.

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