2022
Exports
$1.7BWorld Rnk 2 / 121
Flag Rnk 183 / 1217
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products
-0.036Rnk 559 / 1025
2022
Imports
$4.42BWorld Rnk 1 / 189
Flag Rnk 128 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.7B in Other Precious Metal Products, making it the 2nd largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 183rd most exported product in United States. The main destination of Other Precious Metal Products exports from United States are: Singapore ($622M), Canada ($530M), South Korea ($253M), United Kingdom ($48.7M), and Mexico ($42.9M).

The fastest growing export markets for Other Precious Metal Products of United States between 2021 and 2022 were South Korea ($220M), Canada ($121M), and United Kingdom ($22.4M).

Imports In 2022, United States imported $4.42B in Other Precious Metal Products, becoming the 1st largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 128th most imported product in United States. United States imports Other Precious Metal Products primarily from: Canada ($1.77B), Australia ($509M), Singapore ($434M), Senegal ($328M), and United Kingdom ($295M).

The fastest growing import markets in Other Precious Metal Products for United States between 2021 and 2022 were Singapore ($418M), Senegal ($328M), and United Kingdom ($261M).

COMPANIES In 2023, leading companies such as At Home Procurement (1), Walmart (1), and Uttermost Furniture (1) were at the forefront of shipping Other Precious Metal Products to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-49.7M(-37.2%)
IMPORT GROWTH (August 2023 - August 2024)$-474M(-42%)
MAIN EXPORTER (August 2024)New York$53.5M
MAIN DESTINATION (August 2024)Canada$19.5M

This section shows Other Precious Metal Products's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Precious Metal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.7B
IMPORTS (2022)$4.42B
NET TRADE (2022)-$2.72B

In 2022, United States exported $1.7B in Other Precious Metal Products. The main destinations of United States exports on Other Precious Metal Products were Singapore ($622M), Canada ($530M), South Korea ($253M), United Kingdom ($48.7M), and Mexico ($42.9M).

In 2022, United States imported $4.42B in Other Precious Metal Products, mainly from Canada ($1.77B), Australia ($509M), Singapore ($434M), Senegal ($328M), and United Kingdom ($295M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$220M (668%)
Canada$121M (29.5%)
United Kingdom$22.4M (85.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY United States WERE (2021 - 2022):
Chinese Taipei-$115M (-98.4%)
Singapore-$72.1M (-10.4%)
Japan-$27.4M (-55%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Precious Metal Products were:
In 2022, United States's main importing competitors in Other Precious Metal Products were:

Explore Visualizations

Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.8M
TOP IMPORT POTENTIALGermany+ $36.3M

Other Precious Metal Products’s highest export potential is China. With an export gap of $15.8M.   Other Precious Metal Products’s highest import potential is Germany with an import gap of $36.3M.

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