Overview: This page contains the latest trade data of Precious Metal Scraps. In 2019, Precious Metal Scraps were the world's 164th most traded product, with a total trade of $23.4B. Between 2018 and 2019 the exports of Precious Metal Scraps grew by 29.4%, from $18.1B to $23.4B. Trade in Precious Metal Scraps represent 0.13% of total world trade.
Exports: In 2019 the top exporters of Precious Metal Scraps were United States ($4.48B), Cambodia ($2.43B), Indonesia ($1.98B), Hong Kong ($1.25B), and United Kingdom ($1.16B).
Imports: In 2019 the top importers of Precious Metal Scraps were Germany ($2.92B), Singapore ($2.61B), Japan ($1.98B), Canada ($1.73B), and Switzerland ($1.71B).
Tariffs: In 2018 the average tariff for Precious Metal Scraps was 4.58%, making it the 892nd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Precious Metal Scraps are Angola (50%), Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Japan (0%), and Kazakhstan (0%).
Ranking: Precious Metal Scraps ranks 653rd in the Product Complexity Index (PCI).
Description: Waste and scrap of precious metal or of metal clad with precious metal are used in the production of other goods. They can be made from a variety of materials, including copper, silver, gold, platinum, and palladium.