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Overview This page contains the latest trade data of Precious Metals. In 2021, Precious Metals were the world's 8th most traded product, with a total trade of $830B. Between 2020 and 2021 the exports of Precious Metals grew by 18%, from $704B to $830B. Trade in Precious Metals represent 3.95% of total world trade.

Precious Metals include Precious stones, metals, & pearls.

Exports In 2021 the top exporters of Precious Metals  were Switzerland ($104B), United States ($69.8B), United Arab Emirates ($55.4B), South Africa ($52.4B), and United Kingdom ($50.6B).

Imports In 2021 the top importers of Precious Metals were Switzerland ($102B), India ($89.6B), United States ($84.3B), United Kingdom ($82.2B), and Hong Kong ($75.1B).

Ranking Precious Metals ranks 20th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Precious Metals. 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)Switzerland$104B
Top Destination (2021)Switzerland$102B

In 2021 Precious Metals were the world's 8th most traded product (out of 21).

In 2021, the top exporters of Precious Metals were Switzerland ($104B), United States ($69.8B), United Arab Emirates ($55.4B), South Africa ($52.4B), and United Kingdom ($50.6B).

In 2021, the top importers of Precious Metals were Switzerland ($102B), India ($89.6B), United States ($84.3B), United Kingdom ($82.2B), and Hong Kong ($75.1B).

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Exporters of Precious Metals (2021)
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Importers of Precious Metals (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Switzerland$22.5B
Top Destination Growth (2020 -  2021)India$48.7B

Between 2020 and 2021, the exports of Precious Metals grew the fastest in Switzerland ($22.5B), United States ($22.1B), South Africa ($20.7B), United Kingdom ($16.3B), and India ($14.6B).

Between 2020 and 2021, the fastest growing importers of Precious Metals were India ($48.7B), China ($32B), United Arab Emirates ($16.2B), Hong Kong ($15.2B), and Cambodia ($9.47B).

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Exporters of Precious Metals (2020 - 2021)

Importers of Precious Metals (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Precious Metals.

In 2021, market concentration measured using Shannon Entropy, was 5.14. This means that most of the exports of Precious Metals are explained by 35 countries.

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Value of Exports in Precious Metals

Net Trade

TOP NET EXPORTER (2021)South Africa$49.5B
TOP NET IMPORTER (2021)India$49B

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

In 2021, the countries that had a largest trade value in exports than in imports of Precious Metals were South Africa ($49.5B), Russia ($36.1B), Australia ($11.2B), Mali ($9.01B), and Peru ($8.06B).

In 2021, the countries that had a largest trade value in imports than in exports of Precious Metals were India ($49B), Hong Kong ($43.6B), United Kingdom ($31.6B), China ($27.3B), and United Arab Emirates ($15.2B).

Net Trade (2021)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Precious Metals 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)

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