Overview: This page contains the latest trade data of Precious Metals. In 2018, Precious Metals were the world's 10th most traded product, with a total trade of $607B. Between 2017 and 2018 the exports of Precious Metals grew by 4.91%, from $578B to $607B. Trade in Precious Metals represent 3.3% of total world trade.
Exports: In 2018 the top exporters of Precious Metals were Switzerland ($80.1B), United States ($49.5B), India ($41.2B), United Kingdom ($39.2B), and United Arab Emirates ($38.8B).
Imports: In 2018 the top importers of Precious Metals were Switzerland ($88.8B), Hong Kong ($69.2B), India ($64.2B), United States ($54.3B), and United Arab Emirates ($53.6B).
Tariffs: In 2018 the average tariff for Precious Metals was 7.62%, been the 14 lowest tariff using the Section product classification.
The countries with the highest import tariffs for Precious Metals are Angola (45.8%), Ethiopia (32.1%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Singapore (0%), and Switzerland (0%).
Ranking: Precious Metals ranks 20th in the Product Complexity Index (PCI).