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821510 (Harmonized System 1992 for 6-digit)

2023
World Trade $67.2MRnk 4233 / 4644
2023
Top Exporter | Top Importer $22M | $5.69MChina | Spain
2023
Product Complexity 0.3Rnk 2025 / 4656
2022 - 2023
Export Growth (CAGR) 1.88%Rnk 1351 / 4644
2023
Share of World Trade 0.0003%Rnk 4233 / 4644

About

Overview This page contains the latest trade data of Cutlery sets plated with precious metal. In 2023, Cutlery sets plated with precious metal were the world's 4233rd most traded product, with a total trade of $67.2M. Between 2022 and 2023 the exports of Cutlery sets plated with precious metal grew by 1.88%, from $65.9M to $67.2M. Trade in Cutlery sets plated with precious metal represent 0.0003% of total world trade.

Cutlery sets plated with precious metal are a part of Cutlery Sets.

Exports In 2023 the top exporters of Cutlery sets plated with precious metal  were China ($22M), France ($6.73M), United Kingdom ($6.57M), Italy ($4.91M), and Germany ($4.52M).

Imports In 2023 the top importers of Cutlery sets plated with precious metal were Spain ($5.69M), Saudi Arabia ($5.46M), Germany ($3.97M), United Arab Emirates ($3.93M), and United Kingdom ($3.28M).

Ranking Cutlery sets plated with precious metal ranks 2025th in the Product Complexity Index (PCI).

Description A cutlery set plated with precious metal would typically be used by a wealthy family to be passed down as a heirloom. The sets are made with only the best quality metal and with a high level of craftsmanship. They are made to last, and they are usually designed with the family crest or a family name. They may also be engraved with the family name or crest.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cutlery sets plated with precious metal. 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 (2023)China$22M
Top Destination (2023)Spain$5.69M

In 2023 Cutlery sets plated with precious metal were the world's 4233rd most traded product (out of 4,644).

In 2023, the top exporters of Cutlery sets plated with precious metal were China ($22M), France ($6.73M), United Kingdom ($6.57M), Italy ($4.91M), and Germany ($4.52M).

In 2023, the top importers of Cutlery sets plated with precious metal were Spain ($5.69M), Saudi Arabia ($5.46M), Germany ($3.97M), United Arab Emirates ($3.93M), and United Kingdom ($3.28M).

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Exporters of Cutlery sets plated with precious metal (2023)
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Importers of Cutlery sets plated with precious metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$5.29M
Top Destination Growth (2022 -  2023)Saudi Arabia$4.54M

Between 2022 and 2023, the exports of Cutlery sets plated with precious metal grew the fastest in United Kingdom ($5.29M), France ($993k), Hong Kong ($847k), Italy ($785k), and Spain ($671k).

Between 2022 and 2023, the fastest growing importers of Cutlery sets plated with precious metal were Saudi Arabia ($4.54M), Kazakhstan ($2.01M), United Arab Emirates ($1.05M), Spain ($845k), and Poland ($599k).

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Exporters of Cutlery sets plated with precious metal (2022 - 2023)

Importers of Cutlery sets plated with precious metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cutlery sets plated with precious metal.

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Cutlery sets plated with precious metal are explained by 13 countries.

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Value of Exports in Cutlery sets plated with precious metal

Net Trade

TOP NET EXPORTER (2023)China$20.3M
TOP NET IMPORTER (2023)Saudi Arabia$5.45M

This map shows which countries export or import more of Cutlery sets plated with precious metal. Each country is colored based on the difference in exports and imports of Cutlery sets plated with precious metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cutlery sets plated with precious metal were China ($20.3M), France ($4.52M), United Kingdom ($3.3M), Italy ($2.87M), and Portugal ($1.94M).

In 2023, the countries that had a largest trade value in imports than in exports of Cutlery sets plated with precious metal were Saudi Arabia ($5.45M), Spain ($3.93M), Kazakhstan ($2.37M), United Arab Emirates ($1.91M), and Ireland ($1.73M).

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 Cutlery sets plated with precious metal.
It is possible to select the main countries that export or import Cutlery sets plated with precious metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cutlery sets plated with precious metal 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 (2023)

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