711420 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Gold, silversmith wares, base clad with precious meta. In 2023, Gold, silversmith wares, base clad with precious meta were the world's 4103rd most traded product, with a total trade of $89.7M. Between 2022 and 2023 the exports of Gold, silversmith wares, base clad with precious meta decreased by -42.3%, from $156M to $89.7M. Trade in Gold, silversmith wares, base clad with precious meta represent 0.0004% of total world trade.

Gold, silversmith wares, base clad with precious meta are a part of Metal-Clad Products.

Exports In 2023 the top exporters of Gold, silversmith wares, base clad with precious meta  were Malaysia ($26M), Italy ($13.1M), France ($10.7M), China ($7.69M), and Japan ($5.57M).

Imports In 2023 the top importers of Gold, silversmith wares, base clad with precious meta were Japan ($27.1M), Malaysia ($7.04M), United States ($4.63M), Poland ($4.16M), and United Arab Emirates ($3.49M).

Ranking Gold, silversmith wares, base clad with precious meta ranks 1843rd in the Product Complexity Index (PCI).

Description Gold is often used as a symbol of wealth and prestige. It is often associated with expensive objects and not typically used in jewelry. Gold is also used in coins and in dentistry. Silver is typically used in jewelry and in the production of coins. Base metals are often used in the production of coins and in the production of jewelry. Base metals are often layered with precious metals such as gold and silver.

Latest Data

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The following visualization shows the latest trends on Gold, silversmith wares, base clad with precious meta. 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)Malaysia$26M
Top Destination (2023)Japan$27.1M

In 2023 Gold, silversmith wares, base clad with precious meta were the world's 4103rd most traded product (out of 4,644).

In 2023, the top exporters of Gold, silversmith wares, base clad with precious meta were Malaysia ($26M), Italy ($13.1M), France ($10.7M), China ($7.69M), and Japan ($5.57M).

In 2023, the top importers of Gold, silversmith wares, base clad with precious meta were Japan ($27.1M), Malaysia ($7.04M), United States ($4.63M), Poland ($4.16M), and United Arab Emirates ($3.49M).

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Exporters of Gold, silversmith wares, base clad with precious meta (2023)
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Importers of Gold, silversmith wares, base clad with precious meta (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$1.27M
Top Destination Growth (2022 -  2023)China$1.03M

Between 2022 and 2023, the exports of Gold, silversmith wares, base clad with precious meta grew the fastest in Chinese Taipei ($1.27M), China ($1.11M), Brazil ($645k), Lebanon ($308k), and Hong Kong ($306k).

Between 2022 and 2023, the fastest growing importers of Gold, silversmith wares, base clad with precious meta were China ($1.03M), Fiji ($790k), Singapore ($777k), India ($742k), and Turkey ($548k).

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Exporters of Gold, silversmith wares, base clad with precious meta (2022 - 2023)

Importers of Gold, silversmith wares, base clad with precious meta (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gold, silversmith wares, base clad with precious meta.

In 2023, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Gold, silversmith wares, base clad with precious meta are explained by 12 countries.

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Value of Exports in Gold, silversmith wares, base clad with precious meta

Net Trade

TOP NET EXPORTER (2023)Malaysia$19M
TOP NET IMPORTER (2023)Japan$21.5M

This map shows which countries export or import more of Gold, silversmith wares, base clad with precious meta. Each country is colored based on the difference in exports and imports of Gold, silversmith wares, base clad with precious meta during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Gold, silversmith wares, base clad with precious meta were Malaysia ($19M), Italy ($12.2M), France ($7.68M), China ($5.48M), and Brazil ($2.35M).

In 2023, the countries that had a largest trade value in imports than in exports of Gold, silversmith wares, base clad with precious meta were Japan ($21.5M), Poland ($3.73M), United States ($3.09M), United Arab Emirates ($1.91M), and Spain ($1.78M).

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 Gold, silversmith wares, base clad with precious meta.
It is possible to select the main countries that export or import Gold, silversmith wares, base clad with precious meta in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gold, silversmith wares, base clad with precious meta 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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