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821510 (Harmonized System 1992 for 6-digit)

2022
World Trade $59.9MRnk 4314 / 4648
2022
Top Exporter | Top Importer $18M | $5.03MChina | Germany
2022
Product Complexity 0.32Rnk 1960 / 4653
2021 - 2022
Export Growth (CAGR) 4.28%Rnk 2327 / 4648
2022
Share of World Trade 0.00025%Rnk 4314 / 4648

About

Overview This page contains the latest trade data of Cutlery sets plated with precious metal. In 2022, Cutlery sets plated with precious metal were the world's 4314th most traded product, with a total trade of $59.9M. Between 2021 and 2022 the exports of Cutlery sets plated with precious metal grew by 4.28%, from $57.4M to $59.9M. Trade in Cutlery sets plated with precious metal represent 0.00025% of total world trade.

Cutlery sets plated with precious metal are a part of Cutlery Sets.

Exports In 2022 the top exporters of Cutlery sets plated with precious metal  were China ($18M), Italy ($6.93M), Netherlands ($4.53M), Germany ($3.84M), and Portugal ($3.84M).

Imports In 2022 the top importers of Cutlery sets plated with precious metal were Germany ($5.03M), France ($4.55M), United States ($3.11M), United Kingdom ($2.63M), and Belgium ($2.36M).

Ranking Cutlery sets plated with precious metal ranks 1960th in the Product Complexity Index (PCI).

Description A cutlery set plated with precious metal would typically be used by a wealthy family to be passed down as a heirloom. The sets are made with only the best quality metal and with a high level of craftsmanship. They are made to last, and they are usually designed with the family crest or a family name. They may also be engraved with the family name or crest.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cutlery sets plated with precious metal. Countries are shown based on data availability.

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

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* 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.

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Historical Data

Exporters and Importers

Top Origin (2022)China$18M
Top Destination (2022)Germany$5.03M

In 2022 Cutlery sets plated with precious metal were the world's 4314th most traded product (out of 4,648).

In 2022, the top exporters of Cutlery sets plated with precious metal were China ($18M), Italy ($6.93M), Netherlands ($4.53M), Germany ($3.84M), and Portugal ($3.84M).

In 2022, the top importers of Cutlery sets plated with precious metal were Germany ($5.03M), France ($4.55M), United States ($3.11M), United Kingdom ($2.63M), and Belgium ($2.36M).

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Exporters of Cutlery sets plated with precious metal (2022)
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Importers of Cutlery sets plated with precious metal (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$2.03M
Top Destination Decrease (2021 -  2022)United States-$1.78M

Between 2021 and 2022, the exports of Cutlery sets plated with precious metal grew the fastest in Netherlands ($2.03M), Italy ($1.66M), United Arab Emirates ($910k), Kuwait ($895k), and Portugal ($848k).

Between 2021 and 2022, the fastest declining importers of Cutlery sets plated with precious metal were United States (-$1.78M), Ireland (-$1.62M), Denmark (-$758k), Russia (-$756k), and Netherlands (-$660k).

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Exporters of Cutlery sets plated with precious metal (2021 - 2022)

Importers of Cutlery sets plated with precious metal (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cutlery sets plated with precious metal.

In 2022, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Cutlery sets plated with precious metal are explained by 15 countries.

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Value of Exports in Cutlery sets plated with precious metal

Net Trade

TOP NET EXPORTER (2022)China$17M
TOP NET IMPORTER (2022)France$2.16M

This map shows which countries export or import more of Cutlery sets plated with precious metal. Each country is colored based on the difference in exports and imports of Cutlery sets plated with precious metal during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cutlery sets plated with precious metal were China ($17M), Italy ($4.93M), Netherlands ($3.25M), Portugal ($3.01M), and India ($1.66M).

In 2022, the countries that had a largest trade value in imports than in exports of Cutlery sets plated with precious metal were France ($2.16M), Mexico ($1.95M), United States ($1.26M), Germany ($1.18M), and Belgium ($1.17M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cutlery sets plated with precious metal.
It is possible to select the main countries that export or import Cutlery sets plated with precious metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cutlery sets plated with precious metal 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)

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