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7118 (Harmonized System 1992 for 4-digit)

2023
World Trade $734MRnk 979 / 1217
2023
Top Exporter | Top Importer $236M | $434MAustria | United States
2023
Product Complexity 0.0014Rnk 570 / 1044
2022 - 2023
Export Growth (CAGR) -25.1%Rnk 1107 / 1217
2023
Share of World Trade 0.0032%Rnk 979 / 1217

About

Overview This page contains the latest trade data of Coin. In 2023, Coin were the world's 979th most traded product, with a total trade of $734M. Between 2022 and 2023 the exports of Coin decreased by -25.1%, from $979M to $734M. Trade in Coin represent 0.0032% of total world trade.

Coin are a part of Precious stones, metals, & pearls. They include Coin (other than gold coin) not being legal tender.

Exports In 2023 the top exporters of Coin  were Austria ($236M), Bulgaria ($133M), United Kingdom ($81.8M), Germany ($44.8M), and United States ($31.4M).

Imports In 2023 the top importers of Coin were United States ($434M), Germany ($36.1M), Czechia ($26.7M), Poland ($19M), and Chinese Taipei ($18M).

Ranking Coin ranks 570th in the Product Complexity Index (PCI).

Description Coins are used as a form of currency. They can be made from a variety of materials, including gold, silver, and copper.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Coin. Countries are shown based on data availability.

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

Explore Latest Trends

* 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 (2023)Austria$236M
Top Destination (2023)United States$434M

In 2023 Coin were the world's 979th most traded product (out of 1,217).

In 2023, the top exporters of Coin were Austria ($236M), Bulgaria ($133M), United Kingdom ($81.8M), Germany ($44.8M), and United States ($31.4M).

In 2023, the top importers of Coin were United States ($434M), Germany ($36.1M), Czechia ($26.7M), Poland ($19M), and Chinese Taipei ($18M).

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Exporters of Coin (2023)
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Importers of Coin (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Bulgaria$110M
Top Destination Growth (2022 -  2023)Chinese Taipei$12.9M

Between 2022 and 2023, the exports of Coin grew the fastest in Bulgaria ($110M), South Korea ($13.1M), Netherlands ($12.3M), Finland ($7.12M), and Australia ($2.44M).

Between 2022 and 2023, the fastest growing importers of Coin were Chinese Taipei ($12.9M), Colombia ($12.3M), Egypt ($5.35M), Uzbekistan ($2.78M), and New Zealand ($2.38M).

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Exporters of Coin (2022 - 2023)

Importers of Coin (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coin.

In 2023, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Coin are explained by 11 countries.

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Value of Exports in Coin

Net Trade

TOP NET EXPORTER (2023)Austria$232M
TOP NET IMPORTER (2023)United States$402M

This map shows which countries export or import more of Coin. Each country is colored based on the difference in exports and imports of Coin during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coin were Austria ($232M), Bulgaria ($131M), United Kingdom ($73.1M), Finland ($19M), and South Korea ($18.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Coin were United States ($402M), Czechia ($20.7M), Chinese Taipei ($17.8M), Colombia ($16.4M), and Hong Kong ($7.29M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Coin by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $2.66k
TOP IMPORT POTENTIALIndia+ $2.53k

Coin’s highest export potential is United States. With an export gap of $2.66k.  Coin’s highest import potential is India with an import gap of $2.53k.

See methodology.

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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 (2023)

Country by Relatedness

The following visualization shows the relatedness of Coin to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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