Precious Metal Scraps in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $367M in Precious Metal Scraps, making it the 19th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 294th most exported product in Italy. The main destination of Precious Metal Scraps exports from Italy are: United Kingdom ($86.9M), Switzerland ($77.2M), United States ($74.8M), Germany ($68.3M), and Belgium ($33.4M).

The fastest growing export markets for Precious Metal Scraps of Italy between 2021 and 2022 were Germany ($57.1M), Belgium ($21.3M), and Switzerland ($6.11M).

Imports In 2022, Italy imported $2.21B in Precious Metal Scraps, becoming the 5th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 57th most imported product in Italy. Italy imports Precious Metal Scraps primarily from: United States ($868M), United Kingdom ($229M), Germany ($203M), Switzerland ($195M), and Belgium ($116M).

The fastest growing import markets in Precious Metal Scraps for Italy between 2021 and 2022 were Germany ($34.1M), France ($23.4M), and Portugal ($12.4M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Precious Metal Scraps from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Precious Metal Scraps exports accounted up to €17.9M and imports accounted up to €162M, resulting in a negative trade balance of €144M. Between December 2022 and December 2023 the exports of Italy's Precious Metal Scraps have decreased by €-7.75M (-30.2%) from €25.6M to €17.9M, while imports decreased by €-1.94M (-1.18%) from €164M to €162M.

Destinations In December 2023, Precious Metal Scraps were exported mostly to Switzerland (€9.62M), Belgium (€3.42M), United Kingdom (€3.04M), United States (€1.25M), and Germany (€297k), and were imported mostly from United States (€43.5M), Belgium (€37.4M), Switzerland (€30.3M), France (€16.9M), and Germany (€10.5M).

Growth In December 2023, the decrease in Precious Metal Scraps's year-by-year exports was explained primarily by a decrease in exports to United States (€-4.4M or -59.5%), United Kingdom (€-623k or -18.1%), and Ireland (€-22.5k or -10.4%). In December 2023, the decrease in Precious Metal Scraps's year-by-year imports was explained primarily by a decrease in imports from United States (€-27.8M or -35.6%), Germany (€-10.9M or -60.7%), and Spain (€-4.12M or -88.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-7.75M(-30.2%)

IMPORT GROWTH (December 2022 - December 2023)€-1.94M(-1.18%)

MAIN DESTINATION (December 2023)Switzerland€9.62M

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

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