New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

Precious metal ores and concentrates

2616 (Harmonized System 1992 for 4-digit)

2022
World Trade $13.3BRnk 309 / 1218
2022
Top Exporter | Top Importer $1.97B | $5.16BSouth Africa | China
2022
Product Complexity -1.87Rnk 994 / 1033
2021 - 2022
Export Growth (CAGR) 6.2%Rnk 558 / 1218
2022
Share of World Trade 0.056%Rnk 309 / 1218

About

Overview This page contains the latest trade data of Precious Metal Ore. In 2022, Precious Metal Ore were the world's 309th most traded product, with a total trade of $13.3B. Between 2021 and 2022 the exports of Precious Metal Ore grew by 6.2%, from $12.5B to $13.3B. Trade in Precious Metal Ore represent 0.056% of total world trade.

Precious Metal Ore are a part of Ores, slag and ash. They include Precious metal ores and concentrates except silver and Silver ores and concentrates.

Exports In 2022 the top exporters of Precious Metal Ore  were South Africa ($1.97B), Australia ($1.56B), Mexico ($1.25B), Peru ($911M), and Russia ($771M).

Imports In 2022 the top importers of Precious Metal Ore were China ($5.16B), Germany ($2.75B), South Korea ($783M), Japan ($662M), and United Kingdom ($660M).

Ranking Precious Metal Ore ranks 994th in the Product Complexity Index (PCI).

Description Precious-metal ores are used to extract precious metals from the ore. The metals are then refined and prepared for use in jewelry, electronics, and other products.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Precious Metal Ore. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)South Africa$1.97B
Top Destination (2022)China$5.16B

In 2022 Precious Metal Ore were the world's 309th most traded product (out of 1,218).

In 2022, the top exporters of Precious Metal Ore were South Africa ($1.97B), Australia ($1.56B), Mexico ($1.25B), Peru ($911M), and Russia ($771M).

In 2022, the top importers of Precious Metal Ore were China ($5.16B), Germany ($2.75B), South Korea ($783M), Japan ($662M), and United Kingdom ($660M).

Explore Visualizations

Exporters of Precious Metal Ore (2022)
[Click to Select a Country]

Importers of Precious Metal Ore (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$799M
Top Destination Growth (2021 -  2022)China$1.8B

Between 2021 and 2022, the exports of Precious Metal Ore grew the fastest in Mexico ($799M), Indonesia ($354M), Tajikistan ($246M), Australia ($204M), and South Africa ($181M).

Between 2021 and 2022, the fastest growing importers of Precious Metal Ore were China ($1.8B), United Kingdom ($322M), Finland ($166M), Georgia ($82.3M), and Namibia ($53.7M).

Explore Visualizations

Exporters of Precious Metal Ore (2021 - 2022)

Importers of Precious Metal Ore (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Precious Metal Ore.

In 2022, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Precious Metal Ore are explained by 22 countries.

Explore Visualizations

Value of Exports in Precious Metal Ore

Net Trade

TOP NET EXPORTER (2022)South Africa$1.97B
TOP NET IMPORTER (2022)China$5.13B

This map shows which countries export or import more of Precious Metal Ore. Each country is colored based on the difference in exports and imports of Precious Metal Ore during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Precious Metal Ore were South Africa ($1.97B), Australia ($1.53B), Mexico ($1.23B), Peru ($862M), and Bolivia ($755M).

In 2022, the countries that had a largest trade value in imports than in exports of Precious Metal Ore were China ($5.13B), Germany ($2.71B), South Korea ($775M), Japan ($662M), and United Kingdom ($641M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Precious Metal Ore, disaggragated by their HS6 level were Precious metal ores and concentrates except... ($9.56B) and Silver ores and concentrates ($3.75B)

HS6 Disaggregation for Precious Metal Ore (2022)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Precious Metal Ore.
It is possible to select the main countries that export or import Precious Metal Ore in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Precious Metal Ore 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)

Related Products

This visualization shows products that are likely to be exported by countries that export Precious Metal Ore.

Country by Relatedness

The following visualization shows the relatedness of Precious Metal Ore to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms