Precious Metal Ore in China 2020 Exports | Imports : $858k | $2.96B, World Rnk 58 / 97 Rnk 1185 / 1215 | World Rnk 1 / 98 Rnk 92 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $510k | $122M, United Arab Emirates | Mongolia
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Precious Metal Ore: -1.67, Rnk 971 / 1029
Exports In 2020, China exported $858k in Precious Metal Ore, making it the 58th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 1185th most exported product in China. The main destination of Precious Metal Ore exports from China are: United Arab Emirates ($754k), Finland ($55.3k), Uganda ($20.6k), Nicaragua ($7.99k), and Canada ($6.57k).
The fastest growing export markets for Precious Metal Ore of China between 2019 and 2020 were United Arab Emirates ($510k), Finland ($55.3k), and Uganda ($20.6k).
Imports In 2020, China imported $2.96B 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 92nd most imported product in China. China imports Precious Metal Ore primarily from: Peru ($562M), Russia ($412M), Kazakhstan ($240M), Australia ($216M), and Turkey ($175M).
The fastest growing import markets in Precious Metal Ore for China between 2019 and 2020 were Mongolia ($122M), United States ($80M), and Spain ($61.7M).
December 2022
Overview In December 2022 China's Precious Metal Ore exports accounted up to $5.38M and imports accounted up to $469M, resulting in a negative trade balance of $464M. Between March 2019 and December 2022 the exports of China's Precious Metal Ore have decreased by $-2.98M (-35.6%) from $8.35M to $5.38M, while imports decreased by $-88.8M (-15.9%) from $558M to $469M.
Destinations In December 2022, Precious Metal Ore were exported mostly to Finland ($3.55M), Germany ($1.83M), United Kingdom ($350), Belgium ($40), and Turkey ($20), and were imported mostly from Peru ($93.5M), Mexico ($84.7M), Russia ($66.4M), Bolivia ($26.5M), and Bulgaria ($24.9M).
Growth In December 2022, the decrease in Precious Metal Ore's year-by-year exports was explained primarily by a decrease in exports to . In December 2022, the decrease in Precious Metal Ore's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-150M or -66.9%), Russia ($-116M or -89.3%), and Canada ($-11.4M or -47.8%).
EXPORT GROWTH (March 2019 - December 2022): $-2.98M, (-35.6%)
IMPORT GROWTH (December 2021 - December 2022): $-88.8M, (-15.9%)
MAIN EXPORTER (December 2022): Tianjin, $5.38M
MAIN DESTINATION (December 2022): Finland, $3.55M
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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EXPORTS (2020): $858k
IMPORTS (2020): $2.96B
NET TRADE (2020): -$2.96B
In 2020, China exported $858k in Precious Metal Ore. The main destinations of China exports on Precious Metal Ore were United Arab Emirates ($754k), Finland ($55.3k), Uganda ($20.6k), Nicaragua ($7.99k), and Canada ($6.57k).
In 2020, China imported $2.96B in Precious Metal Ore, mainly from Peru ($562M), Russia ($412M), Kazakhstan ($240M), Australia ($216M), and Turkey ($175M).
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Precious Metal Ore were:
In 2020, China's main importing competitors in Precious Metal Ore were:
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