711419 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Gold/silversmith wares of/clad with precious metal ne. In 2022, Gold/silversmith wares of/clad with precious metal ne were the world's 2432nd most traded product, with a total trade of $807M. Between 2021 and 2022 the exports of Gold/silversmith wares of/clad with precious metal ne decreased by -15.9%, from $960M to $807M. Trade in Gold/silversmith wares of/clad with precious metal ne represent 0.0034% of total world trade.

Gold/silversmith wares of/clad with precious metal ne are a part of Metal-Clad Products.

Exports In 2022 the top exporters of Gold/silversmith wares of/clad with precious metal ne  were China ($190M), Chinese Taipei ($147M), Germany ($137M), Italy ($49.4M), and Austria ($33M).

Imports In 2022 the top importers of Gold/silversmith wares of/clad with precious metal ne were Hong Kong ($185M), Chinese Taipei ($141M), Germany ($85.6M), Japan ($76.4M), and New Zealand ($31.9M).

Ranking Gold/silversmith wares of/clad with precious metal ne ranks 1394th in the Product Complexity Index (PCI).

Description Gold and silver are both valuable, precious metals. Gold is the most valuable, and is used for the finest jewelry. Silver is less valuable and can be used for less expensive jewelry. Gold and silver can be clad with other metals, such as copper, to create a more affordable, durable metal. Gold and silver can be used in coinage, and to make crowns and other ceremonial items.

Latest Data

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The following visualization shows the latest trends on Gold/silversmith wares of/clad with precious metal ne. 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$190M
Top Destination (2022)Hong Kong$185M

In 2022 Gold/silversmith wares of/clad with precious metal ne were the world's 2432nd most traded product (out of 4,648).

In 2022, the top exporters of Gold/silversmith wares of/clad with precious metal ne were China ($190M), Chinese Taipei ($147M), Germany ($137M), Italy ($49.4M), and Austria ($33M).

In 2022, the top importers of Gold/silversmith wares of/clad with precious metal ne were Hong Kong ($185M), Chinese Taipei ($141M), Germany ($85.6M), Japan ($76.4M), and New Zealand ($31.9M).

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Exporters of Gold/silversmith wares of/clad with precious metal ne (2022)
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Importers of Gold/silversmith wares of/clad with precious metal ne (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$36.5M
Top Destination Growth (2021 -  2022)Japan$45.7M

Between 2021 and 2022, the exports of Gold/silversmith wares of/clad with precious metal ne grew the fastest in Germany ($36.5M), Malaysia ($17.9M), Austria ($14.8M), Indonesia ($9.55M), and Czechia ($8.32M).

Between 2021 and 2022, the fastest growing importers of Gold/silversmith wares of/clad with precious metal ne were Japan ($45.7M), Croatia ($22.2M), Chinese Taipei ($17.7M), Poland ($9.66M), and Slovenia ($9.42M).

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Exporters of Gold/silversmith wares of/clad with precious metal ne (2021 - 2022)

Importers of Gold/silversmith wares of/clad with precious metal ne (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gold/silversmith wares of/clad with precious metal ne.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Gold/silversmith wares of/clad with precious metal ne are explained by 13 countries.

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Value of Exports in Gold/silversmith wares of/clad with precious metal ne

Net Trade

TOP NET EXPORTER (2022)China$181M
TOP NET IMPORTER (2022)Hong Kong$159M

This map shows which countries export or import more of Gold/silversmith wares of/clad with precious metal ne. Each country is colored based on the difference in exports and imports of Gold/silversmith wares of/clad with precious metal ne during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Gold/silversmith wares of/clad with precious metal ne were China ($181M), Germany ($51.8M), Italy ($42.3M), Austria ($28.7M), and Australia ($20.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Gold/silversmith wares of/clad with precious metal ne were Hong Kong ($159M), Japan ($54.3M), New Zealand ($26.1M), Poland ($20.2M), and Croatia ($15.1M).

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 Gold/silversmith wares of/clad with precious metal ne.
It is possible to select the main countries that export or import Gold/silversmith wares of/clad with precious metal ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gold/silversmith wares of/clad with precious metal ne 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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