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711290 (Harmonized System 1992 for 6-digit)

2023
World Trade $12.8BRnk 279 / 4644
2023
Top Exporter | Top Importer $2.11B | $3.63BUnited States | Germany
2023
Product Complexity -0.31Rnk 2989 / 4656
2022 - 2023
Export Growth (CAGR) -21.5%Rnk 3789 / 4644
2023
Share of World Trade 0.056%Rnk 279 / 4644

About

Overview This page contains the latest trade data of Waste/scrap, precious metals except pure gold/platinu. In 2023, Waste/scrap, precious metals except pure gold/platinu were the world's 279th most traded product, with a total trade of $12.8B. Between 2022 and 2023 the exports of Waste/scrap, precious metals except pure gold/platinu decreased by -21.5%, from $16.2B to $12.8B. Trade in Waste/scrap, precious metals except pure gold/platinu represent 0.056% of total world trade.

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

Exports In 2023 the top exporters of Waste/scrap, precious metals except pure gold/platinu  were United States ($2.11B), Belgium ($1.61B), Indonesia ($883M), Germany ($787M), and Spain ($662M).

Imports In 2023 the top importers of Waste/scrap, precious metals except pure gold/platinu were Germany ($3.63B), Italy ($2B), United Kingdom ($1.61B), Japan ($1.45B), and Belgium ($769M).

Ranking Waste/scrap, precious metals except pure gold/platinu ranks 2989th in the Product Complexity Index (PCI).

Latest Trends

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 (2023)United States$2.11B
Top Destination (2023)Germany$3.63B

In 2023 Waste/scrap, precious metals except pure gold/platinu were the world's 279th most traded product (out of 4,644).

In 2023, the top exporters of Waste/scrap, precious metals except pure gold/platinu were United States ($2.11B), Belgium ($1.61B), Indonesia ($883M), Germany ($787M), and Spain ($662M).

In 2023, the top importers of Waste/scrap, precious metals except pure gold/platinu were Germany ($3.63B), Italy ($2B), United Kingdom ($1.61B), Japan ($1.45B), and Belgium ($769M).

Explore Visualizations

Exporters of Waste/scrap, precious metals except pure gold/platinu (2023)
[Click to Select a Country]

Importers of Waste/scrap, precious metals except pure gold/platinu (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$818M
Top Destination Growth (2022 -  2023)Canada$118M

Between 2022 and 2023, the exports of Waste/scrap, precious metals except pure gold/platinu grew the fastest in Belgium ($818M), Bulgaria ($141M), Switzerland ($112M), Hong Kong ($78.5M), and France ($49.9M).

Between 2022 and 2023, the fastest growing importers of Waste/scrap, precious metals except pure gold/platinu were Canada ($118M), Spain ($117M), Germany ($115M), United Arab Emirates ($41.2M), and Switzerland ($34M).

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Exporters of Waste/scrap, precious metals except pure gold/platinu (2022 - 2023)

Importers of Waste/scrap, precious metals except pure gold/platinu (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.66. This means that most of the exports of Waste/scrap, precious metals except pure gold/platinu are explained by 25 countries.

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

Net Trade

TOP NET EXPORTER (2023)United States$1.41B
TOP NET IMPORTER (2023)Germany$2.84B

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 2023.

In 2023, 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 ($1.41B), Indonesia ($883M), Belgium ($843M), Bulgaria ($619M), and Spain ($484M).

In 2023, the countries that had a largest trade value in imports than in exports of Waste/scrap, precious metals except pure gold/platinu were Germany ($2.84B), Italy ($1.88B), Japan ($1.22B), United Kingdom ($1.18B), and Norway ($287M).

Net Trade (2023)

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 (2023)

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