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 Gold, Diamonds, Jewellery, Platinum, Silver, Precious Metal Scraps, Precious Stones, Imitation Jewellery, Other Precious Metal Products, and Metal-Clad Products, among others.
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).
Tariffs In 2018 the average tariff for Precious Metals was 7.62%, making it the 13th lowest tariff using the Section product classification.
Ranking Precious Metals ranks 20th in the Product Complexity Index (PCI).