HS Icon Metal-Clad Products

Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal

7114 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Metal-Clad Products. In 2021, Metal-Clad Products were the world's 864th most traded product, with a total trade of $1.38B. Between 2020 and 2021 the exports of Metal-Clad Products decreased by -64.3%, from $3.86B to $1.38B. Trade in Metal-Clad Products represent 0.000066% of total world trade.

Metal-Clad Products are a part of Precious stones, metals, & pearls. They include Gold/silversmith wares of/clad with precious metal ne, Silver wares, silver ware plated with precious metal, and Gold, silversmith wares, base clad with precious meta.

Exports In 2021 the top exporters of Metal-Clad Products  were China ($391M), Chinese Taipei ($188M), Germany ($120M), Italy ($92.3M), and Malaysia ($82.9M).

Imports In 2021 the top importers of Metal-Clad Products were Hong Kong ($412M), Germany ($202M), Chinese Taipei ($137M), Japan ($113M), and United States ($58.2M).

Tariffs In 2018 the average tariff for Metal-Clad Products was 13.6%, making it the 241st lowest tariff using the HS4 product classification.

Ranking Metal-Clad Products ranks 417th in the Product Complexity Index (PCI).

Description Articles of goldsmiths' or silversmiths' wares are used in the production of other goods. They can be made from a variety of materials, including precious metals like gold and silver.

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Y-AXIS SCALE

The following visualization shows the latest trends on Metal-Clad Products. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $391M

Top Destination (2021): Hong Kong, $412M

Metal-Clad Products are the world's 864th most traded product.

In 2021, the top exporters of Metal-Clad Products were China ($391M), Chinese Taipei ($188M), Germany ($120M), Italy ($92.3M), and Malaysia ($82.9M).

In 2021, the top importers of Metal-Clad Products were Hong Kong ($412M), Germany ($202M), Chinese Taipei ($137M), Japan ($113M), and United States ($58.2M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $181M

Top Destination Growth (2020 -  2021): Germany, $110M

Between 2020 and 2021, the exports of Metal-Clad Products grew the fastest in China ($181M), Chinese Taipei ($85.5M), Germany ($57.3M), Malaysia ($47.7M), and South Korea ($30.4M).

Between 2020 and 2021, the fastest growing importers of Metal-Clad Products were Germany ($110M), Chinese Taipei ($73.7M), Japan ($38.5M), United States ($15M), and Sweden ($10.1M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Metal-Clad Products.

In 2021, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Metal-Clad Products are explained by 15 countries.

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TOP NET EXPORTER (2021): China, $376M

TOP NET IMPORTER (2021): Hong Kong, $377M

This map shows which countries export or import more of Metal-Clad Products. Each country is colored based on the difference in exports and imports of Metal-Clad Products during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Metal-Clad Products were China ($376M), Italy ($81.7M), Malaysia ($67M), Chinese Taipei ($51.2M), and India ($29.5M).

In 2021, the countries that had a largest trade value in imports than in exports of Metal-Clad Products were Hong Kong ($377M), Germany ($82.5M), United States ($41.4M), Japan ($37.3M), and New Zealand ($27.2M).

Disaggregation

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Value

In 2021, the world most traded Metal-Clad Products, disaggragated by their HS6 level were Gold/silversmith wares of/clad with precious metal... ($967M), Silver wares, silver ware plated with... ($269M), and Gold, silversmith wares, base clad with... ($142M)

Country Comparison

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Flow
Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Metal-Clad Products to countries. Higher relatedness values ‚Äč‚Äčindicate greater knowledge, which predicts a greater probability of exporting that product in the future.