2022
Exports | Imports
$78.4B | $84.8BWorld Rnk 2 / 220
Flag Rnk 9 / 21
World Rnk 4 / 225
Flag Rnk 11 / 21
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Precious Metals
0.62Rnk 324 / 1025

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 WAL-MART INC. (45.6k), AMAZON SERVICES LLC (30.2k), and COSTCO WHOLESALE COPRORATION (10.8k) were at the forefront of shipping Precious Metals to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-357M(-5.03%)
IMPORT GROWTH (January 2023 - January 2024)$-482M(-7.43%)
MAIN EXPORTER (January 2024)New York$3.7B
MAIN DESTINATION (January 2024)Switzerland$1.62B

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.

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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%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Precious Metals were:
In 2022, United States's main importing competitors in Precious Metals were:

Explore Visualizations

Trade Value of Precious Metals by Exporters

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