711290 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Waste/scrap, precious metals except pure gold/platinu. In 2022, Waste/scrap, precious metals except pure gold/platinu were the world's 231st most traded product, with a total trade of $15.6B. Between 2021 and 2022 the exports of Waste/scrap, precious metals except pure gold/platinu decreased by -20.4%, from $19.6B to $15.6B. Trade in Waste/scrap, precious metals except pure gold/platinu represent 0.066% of total world trade.

Waste/scrap, precious metals except pure gold/platinu are a part of Precious Metal Scraps.

Exports In 2022 the top exporters of Waste/scrap, precious metals except pure gold/platinu  were United States ($3.08B), Indonesia ($1.27B), Canada ($1.02B), Germany ($995M), and Belgium ($721M).

Imports In 2022 the top importers of Waste/scrap, precious metals except pure gold/platinu were Germany ($2.99B), Japan ($2.59B), United Kingdom ($2.25B), Italy ($2.1B), and United States ($1.24B).

Ranking Waste/scrap, precious metals except pure gold/platinu ranks 3081st in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Waste/scrap, precious metals except pure gold/platinu. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$3.08B
Top Destination (2022)Germany$2.99B

In 2022 Waste/scrap, precious metals except pure gold/platinu were the world's 231st most traded product (out of 4,648).

In 2022, the top exporters of Waste/scrap, precious metals except pure gold/platinu were United States ($3.08B), Indonesia ($1.27B), Canada ($1.02B), Germany ($995M), and Belgium ($721M).

In 2022, the top importers of Waste/scrap, precious metals except pure gold/platinu were Germany ($2.99B), Japan ($2.59B), United Kingdom ($2.25B), Italy ($2.1B), and United States ($1.24B).

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Exporters of Waste/scrap, precious metals except pure gold/platinu (2022)
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Importers of Waste/scrap, precious metals except pure gold/platinu (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Saudi Arabia$470M
Top Destination Growth (2021 -  2022)Malaysia$206M

Between 2021 and 2022, the exports of Waste/scrap, precious metals except pure gold/platinu grew the fastest in Saudi Arabia ($470M), Australia ($199M), Spain ($190M), Indonesia ($183M), and Japan ($135M).

Between 2021 and 2022, the fastest growing importers of Waste/scrap, precious metals except pure gold/platinu were Malaysia ($206M), India ($120M), Canada ($78.3M), South Korea ($45.9M), and New Zealand ($9M).

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Exporters of Waste/scrap, precious metals except pure gold/platinu (2021 - 2022)

Importers of Waste/scrap, precious metals except pure gold/platinu (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Waste/scrap, precious metals except pure gold/platinu.

In 2022, market concentration measured using Shannon Entropy, was 4.74. This means that most of the exports of Waste/scrap, precious metals except pure gold/platinu are explained by 26 countries.

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Value of Exports in Waste/scrap, precious metals except pure gold/platinu

Net Trade

TOP NET EXPORTER (2022)United States$1.85B
TOP NET IMPORTER (2022)Japan$2.2B

This map shows which countries export or import more of Waste/scrap, precious metals except pure gold/platinu. Each country is colored based on the difference in exports and imports of Waste/scrap, precious metals except pure gold/platinu during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Waste/scrap, precious metals except pure gold/platinu were United States ($1.85B), Indonesia ($1.26B), Canada ($578M), Saudi Arabia ($573M), and Australia ($433M).

In 2022, the countries that had a largest trade value in imports than in exports of Waste/scrap, precious metals except pure gold/platinu were Japan ($2.2B), Germany ($2B), Italy ($1.81B), United Kingdom ($1.61B), and Norway ($450M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Waste/scrap, precious metals except pure gold/platinu.
It is possible to select the main countries that export or import Waste/scrap, precious metals except pure gold/platinu in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Waste/scrap, precious metals except pure gold/platinu 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 (2022)

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