Precious Metal Scraps in   Canada

Overview In November 2024 Canada's Precious Metal Scraps exports accounted up to C$89.6M and imports accounted up to C$553M, resulting in a negative trade balance of C$463M. Between November 2023 and November 2024 the exports of Canada's   Precious Metal Scraps have decreased by C$-38.1M (-29.9%) from C$128M to C$89.6M, while imports increased by C$171M (44.8%) from C$382M to C$553M.

Destinations In November 2024, Precious Metal Scraps were exported mostly to Germany (C$43.5M), United States (C$23.9M), Italy (C$18.2M), Belgium (C$2.02M), and South Korea (C$1.64M), and were imported mostly from United States (C$535M), Spain (C$15.2M), Mexico (C$1.86M), India (C$296k), and Paraguay (C$37.7k).

Growth In November 2024, the decrease in Precious Metal Scraps's year-by-year exports was explained primarily by a decrease in exports to United States (C$-22.4M or -38%) and Japan (C$-324k or -26%). In November 2024, the increase in Precious Metal Scraps's year-by-year imports was explained primarily by an increase in imports from United States (C$118M or 41.7%), Mexico (C$694k or 560%), and Canada (C$992 or 32.5%).