Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Exports $78.4BWorld Rnk 2 / 220
Flag Rnk 9 / 21
2022
Destination $12.1B Switzerland
2021 - 2022
FASTEST GROWING MARKET $12.1BSwitzerland
2022
PRODUCT COMPLEXITY IN Precious Metals0.58Rnk 328 / 1025
2022
Imports $84.8BWorld Rnk 4 / 225
Flag Rnk 11 / 21
2022
Origin $1.47B India
2021 - 2022
FASTEST GROWING ORIGIN $1.47BSwitzerland
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $78.4B in Precious Metals, making it the 2nd largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 9th most exported product in United States. The main destination of Precious Metals exports from United States are: Switzerland ($24B), United Kingdom ($9.97B), India ($7.62B), Canada ($7.43B), and Hong Kong ($4.68B).

The fastest growing export markets for Precious Metals of United States between 2021 and 2022 were Switzerland ($12.1B), Singapore ($1.11B), and Israel ($494M).

Imports In 2022, United States imported $84.8B in Precious Metals, becoming the 4th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 11th most imported product in United States. United States imports Precious Metals primarily from: India ($14.7B), Switzerland ($11.7B), Israel ($6.43B), Canada ($5.72B), and South Africa ($5.05B).

The fastest growing import markets in Precious Metals for United States between 2021 and 2022 were Switzerland ($1.47B), Israel ($1.21B), and China ($812M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (433), AMAZON SERVICES LLC (310), and AMEZIEL INC (287) were at the forefront of shipping Precious Metals to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Precious Metals exports accounted up to $8.43B and imports accounted up to $4.94B, resulting in a positive trade balance of $3.48B. Between February 2023 and February 2024 the exports of United States'   Precious Metals have increased by $242M (2.95%) from $8.18B to $8.43B, while imports decreased by $-443M (-8.24%) from $5.38B to $4.94B.

Destinations In February 2024, Precious Metals were exported mostly to Switzerland ($2.09B), Hong Kong ($1.47B), United Kingdom ($834M), Canada ($507M), and India ($414M), and were imported mostly from India ($931M), South Africa ($541M), Canada ($397M), Mexico ($379M), and Switzerland ($289M).

Growth In February 2024, the increase in Precious Metals's year-by-year exports was explained primarily by an increase in exports to Switzerland ($1.5B or 205%), Italy ($113M or 42.7%), and France ($55.4M or 67.6%). In February 2024, the decrease in Precious Metals's year-by-year imports was explained primarily by a decrease in imports from India ($-429M or -30.6%), Switzerland ($-211M or -51.1%), and South Africa ($-108M or -21.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$242M(2.95%)
IMPORT GROWTH (February 2023 - February 2024)$-443M(-8.24%)
MAIN EXPORTER (February 2024)New York$5.43B
MAIN DESTINATION (February 2024)Switzerland$2.09B

This section shows Precious Metals's exports and imports data at subnational level for United States. 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 Metals over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$78.4B
IMPORTS (2022)$84.8B
NET TRADE (2022)-$6.46B

In 2022, United States exported $78.4B in Precious Metals. The main destinations of United States exports on Precious Metals were Switzerland ($24B), United Kingdom ($9.97B), India ($7.62B), Canada ($7.43B), and Hong Kong ($4.68B).

In 2022, United States imported $84.8B in Precious Metals, mainly from India ($14.7B), Switzerland ($11.7B), Israel ($6.43B), Canada ($5.72B), and South Africa ($5.05B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Switzerland$12.1B (102%)
Singapore$1.11B (56.8%)
Israel$494M (26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metals BY United States WERE (2021 - 2022):
United Kingdom-$2.28B (-18.6%)
Belgium-$1.06B (-61.6%)
Hong Kong-$1.01B (-17.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Precious Metals were:
Switzerland $120B
United Arab Emirates $61.8B
In 2022, United States's main importing competitors in Precious Metals were:
Switzerland $115B
United Arab Emirates $87.9B
China $87.8B

Explore Visualizations

Trade Value of Precious Metals by Exporters

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms