Overview: In 2018, Precious Metal Ore were the world's 452nd most traded product, with a total trade of $6.05B. Between 2017 and 2018 the exports of Precious Metal Ore decreased by -6.12%, from $6.45B to $6.05B. Trade in Precious Metal Ore represent 0.033% of total world trade.
Exports: In 2018 the top exporters of Precious Metal Ore were Australia ($950M), Russia ($688M), Mexico ($634M), Peru ($536M), and Bolivia ($526M).
Imports: In 2018 the top importers of Precious Metal Ore were China ($2.16B), Germany ($1.17B), South Korea ($582M), Japan ($364M), and Kazakhstan ($285M).
Tariffs: In 2018 the average tariff for Precious Metal Ore was 2.22%, been the 1212 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Precious Metal Ore are Bahamas (40.2%), Bermuda (25%), Aruba (12%), Angola (10%), and Nepal (9.89%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Precious Metal Ore ranks 962nd in the Product Complexity Index (PCI).