2022
Exports
$439MWorld Rnk 17 / 177
Flag Rnk 64 / 1208
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$2.04MWorld Rnk 53 / 118
Flag Rnk 1027 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $439M in Precious Metal Scraps, making it the 17th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 64th most exported product in Australia. The main destination of Precious Metal Scraps exports from Australia are: Canada ($174M), South Korea ($132M), South Africa ($42M), Japan ($20.9M), and United Kingdom ($20.3M).

The fastest growing export markets for Precious Metal Scraps of Australia between 2021 and 2022 were Canada ($92.9M), South Korea ($89.7M), and South Africa ($5.87M).

Imports In 2022, Australia imported $2.04M in Precious Metal Scraps, becoming the 53rd largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1027th most imported product in Australia. Australia imports Precious Metal Scraps primarily from: United Arab Emirates ($1.35M), United States ($252k), Germany ($149k), Thailand ($106k), and Singapore ($66.4k).

The fastest growing import markets in Precious Metal Scraps for Australia between 2021 and 2022 were Germany ($147k), Singapore ($49.5k), and Thailand ($41.2k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$439M
IMPORTS (2022)$2.04M
NET TRADE (2022)$437M

In 2022, Australia exported $439M in Precious Metal Scraps. The main destinations of Australia exports on Precious Metal Scraps were Canada ($174M), South Korea ($132M), South Africa ($42M), Japan ($20.9M), and United Kingdom ($20.3M).

In 2022, Australia imported $2.04M in Precious Metal Scraps, mainly from United Arab Emirates ($1.35M), United States ($252k), Germany ($149k), Thailand ($106k), and Singapore ($66.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Canada$92.9M (114%)
South Korea$89.7M (212%)
South Africa$5.87M (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Australia WERE (2021 - 2022):
Hong Kong-$2.56M (-31%)
Japan-$2.17M (-9.43%)
Germany-$1.46M (-10.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Australia's main exporting competitors in Precious Metal Scraps were:
In 2022, Australia's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

Explore Visualizations

Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $18.8M
TOP IMPORT POTENTIALGermany+ $685k

Precious Metal Scraps’s highest export potential is Japan. With an export gap of $18.8M.   Precious Metal Scraps’s highest import potential is Germany with an import gap of $685k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with