711590 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Articles of, or clad with, precious metal nes. In 2022, Articles of, or clad with, precious metal nes were the world's 498th most traded product, with a total trade of $8.12B. Between 2021 and 2022 the exports of Articles of, or clad with, precious metal nes grew by 20.3%, from $6.75B to $8.12B. Trade in Articles of, or clad with, precious metal nes represent 0.034% of total world trade.

Articles of, or clad with, precious metal nes are a part of Other Precious Metal Products.

Exports In 2022 the top exporters of Articles of, or clad with, precious metal nes  were Canada ($1.78B), United States ($1.69B), Japan ($595M), Singapore ($559M), and Germany ($528M).

Imports In 2022 the top importers of Articles of, or clad with, precious metal nes were United States ($4.42B), Singapore ($781M), Canada ($567M), South Korea ($304M), and Malaysia ($259M).

Ranking Articles of, or clad with, precious metal nes ranks 2050th in the Product Complexity Index (PCI).

Description A common use of articles of, or clad with, precious metal is in jewelry. Items such as rings, necklaces, bracelets, and earrings are often made of gold or silver and are sometimes encrusted with gems or other precious stones.

Latest Data

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The following visualization shows the latest trends on Articles of, or clad with, precious metal nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Canada$1.78B
Top Destination (2022)United States$4.42B

In 2022 Articles of, or clad with, precious metal nes were the world's 498th most traded product (out of 4,648).

In 2022, the top exporters of Articles of, or clad with, precious metal nes were Canada ($1.78B), United States ($1.69B), Japan ($595M), Singapore ($559M), and Germany ($528M).

In 2022, the top importers of Articles of, or clad with, precious metal nes were United States ($4.42B), Singapore ($781M), Canada ($567M), South Korea ($304M), and Malaysia ($259M).

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Exporters of Articles of, or clad with, precious metal nes (2022)
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Importers of Articles of, or clad with, precious metal nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Singapore$502M
Top Destination Growth (2021 -  2022)United States$1.45B

Between 2021 and 2022, the exports of Articles of, or clad with, precious metal nes grew the fastest in Singapore ($502M), Senegal ($328M), United Kingdom ($285M), Hong Kong ($225M), and Australia ($191M).

Between 2021 and 2022, the fastest growing importers of Articles of, or clad with, precious metal nes were United States ($1.45B), South Korea ($197M), Malaysia ($66.1M), Canada ($65.8M), and Netherlands ($34.4M).

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Exporters of Articles of, or clad with, precious metal nes (2021 - 2022)

Importers of Articles of, or clad with, precious metal nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles of, or clad with, precious metal nes.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Articles of, or clad with, precious metal nes are explained by 13 countries.

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Value of Exports in Articles of, or clad with, precious metal nes

Net Trade

TOP NET EXPORTER (2022)Canada$1.21B
TOP NET IMPORTER (2022)United States$2.73B

This map shows which countries export or import more of Articles of, or clad with, precious metal nes. Each country is colored based on the difference in exports and imports of Articles of, or clad with, precious metal nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Articles of, or clad with, precious metal nes were Canada ($1.21B), Japan ($486M), Australia ($478M), Germany ($374M), and Senegal ($328M).

In 2022, the countries that had a largest trade value in imports than in exports of Articles of, or clad with, precious metal nes were United States ($2.73B), Singapore ($222M), South Korea ($193M), Thailand ($140M), and Malaysia ($119M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles of, or clad with, precious metal nes.
It is possible to select the main countries that export or import Articles of, or clad with, precious metal nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles of, or clad with, precious metal nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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