Articles of precious metal or of metal clad with precious metal

7115 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Other Precious Metal Products. In 2021, Other Precious Metal Products were the world's 416th most traded product, with a total trade of $7.92B. Between 2020 and 2021 the exports of Other Precious Metal Products grew by 5.97%, from $7.47B to $7.92B. Trade in Other Precious Metal Products represent 0.038% of total world trade.

Other Precious Metal Products are a part of Precious stones, metals, & pearls. They include Articles of, or clad with, precious metal nes and Catalysts (form of wire cloth or grill) of platinum.

Exports In 2021 the top exporters of Other Precious Metal Products  were Canada ($2.05B), United States ($1.58B), Germany ($1.09B), Japan ($605M), and Australia ($366M).

Imports In 2021 the top importers of Other Precious Metal Products were United States ($2.94B), Singapore ($849M), Canada ($461M), Germany ($329M), and Malaysia ($292M).

Ranking Other Precious Metal Products ranks 575th in the Product Complexity Index (PCI).

Description Articles of precious metal are made from a variety of materials, including gold, silver, platinum, and palladium.

Latest Data

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The following visualization shows the latest trends on Other Precious Metal 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

Exporters and Importers

Top Origin (2021)Canada$2.05B
Top Destination (2021)United States$2.94B

In 2021 Other Precious Metal Products were the world's 416th most traded product (out of 1,217).

In 2021, the top exporters of Other Precious Metal Products were Canada ($2.05B), United States ($1.58B), Germany ($1.09B), Japan ($605M), and Australia ($366M).

In 2021, the top importers of Other Precious Metal Products were United States ($2.94B), Singapore ($849M), Canada ($461M), Germany ($329M), and Malaysia ($292M).

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Exporters of Other Precious Metal Products (2021)
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Importers of Other Precious Metal Products (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Canada$751M
Top Destination Growth (2020 -  2021)Singapore$503M

Between 2020 and 2021, the exports of Other Precious Metal Products grew the fastest in Canada ($751M), United States ($668M), Germany ($354M), Japan ($253M), and Russia ($105M).

Between 2020 and 2021, the fastest growing importers of Other Precious Metal Products were Singapore ($503M), Chinese Taipei ($171M), South Korea ($80.2M), Germany ($69.6M), and Czechia ($62.1M).

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Exporters of Other Precious Metal Products (2020 - 2021)

Importers of Other Precious Metal Products (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Precious Metal Products.

In 2021, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Other Precious Metal Products are explained by 12 countries.

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Value of Exports in Other Precious Metal Products

Net Trade

TOP NET EXPORTER (2021)Canada$1.59B
TOP NET IMPORTER (2021)United States$1.36B

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

In 2021, the countries that had a largest trade value in exports than in imports of Other Precious Metal Products were Canada ($1.59B), Germany ($763M), Japan ($436M), Australia ($283M), and Russia ($213M).

In 2021, the countries that had a largest trade value in imports than in exports of Other Precious Metal Products were United States ($1.36B), Singapore ($683M), Chinese Taipei ($209M), Malaysia ($135M), and Belgium ($128M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Other Precious Metal Products, disaggragated by their HS6 level were Articles of, or clad with, precious... ($6.75B) and Catalysts (form of wire cloth or... ($1.17B)

HS6 Disaggregation for Other Precious Metal Products (2021)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Precious Metal Products 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 (2021)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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