Overview This page contains the latest trade data of Precious Metal Scraps. In 2020, Precious Metal Scraps were the world's 137th most traded product, with a total trade of $26B. Between 2019 and 2020 the exports of Precious Metal Scraps grew by 10.6%, from $23.6B to $26B. Trade in Precious Metal Scraps represent 0.16% of total world trade.
Precious Metal Scraps are a part of Precious stones, metals, & pearls. They include Waste or scrap containing gold as sole precious metal, Waste/scrap, precious metals except pure gold/platinu, and Waste/scrap containing platinum as sole precious meta.
Exports In 2020 the top exporters of Precious Metal Scraps were United States ($6.39B), Vietnam ($2.36B), United Kingdom ($1.68B), Germany ($1.42B), and Indonesia ($1.22B).
Imports In 2020 the top importers of Precious Metal Scraps were Germany ($3.61B), Hong Kong ($3.28B), Canada ($2.82B), United Kingdom ($2.51B), and Japan ($2.32B).
Tariffs In 2018 the average tariff for Precious Metal Scraps was 4.63%, making it the 894th lowest tariff using the HS4 product classification.
Ranking Precious Metal Scraps ranks 765th in the Product Complexity Index (PCI).
Description Waste and scrap of precious metal or of metal clad with precious metal are used in the production of other goods. They can be made from a variety of materials, including copper, silver, gold, platinum, and palladium.