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711292 (Harmonized System 2002 for 6-digit)

2023
World Trade $7.34BRnk 504 / 4940
2023
Top Exporter | Top Importer $1.61B | $1.73BUnited States | Germany
2023
Product Complexity -0.22Rnk 3055 / 4951
2022 - 2023
Export Growth (CAGR) -46.2%Rnk 4791 / 4940
2023
Share of World Trade 0.032%Rnk 504 / 4940

About

Overview This page contains the latest trade data of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals. In 2023, Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were the world's 504th most traded product, with a total trade of $7.34B. Between 2022 and 2023 the exports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals decreased by -46.2%, from $13.6B to $7.34B. Trade in Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals represent 0.032% of total world trade.

Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals are a part of Waste and scrap of precious metal or of metal clad with precious....

Exports In 2023 the top exporters of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals  were United States ($1.61B), Germany ($706M), United Kingdom ($539M), France ($517M), and Czechia ($394M).

Imports In 2023 the top importers of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were Germany ($1.73B), Japan ($1.67B), Belgium ($1.33B), United States ($974M), and United Kingdom ($367M).

Ranking Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals ranks 3055th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals. 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 (2023)United States$1.61B
Top Destination (2023)Germany$1.73B

In 2023 Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were the world's 504th most traded product (out of 4,940).

In 2023, the top exporters of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were United States ($1.61B), Germany ($706M), United Kingdom ($539M), France ($517M), and Czechia ($394M).

In 2023, the top importers of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were Germany ($1.73B), Japan ($1.67B), Belgium ($1.33B), United States ($974M), and United Kingdom ($367M).

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Exporters of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals (2023)
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Importers of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$44.1M
Top Destination Growth (2022 -  2023)Spain$29.1M

Between 2022 and 2023, the exports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals grew the fastest in Mexico ($44.1M), Ireland ($17.2M), Egypt ($11.9M), Argentina ($8.47M), and Turkey ($7.25M).

Between 2022 and 2023, the fastest growing importers of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were Spain ($29.1M), Netherlands ($5.12M), France ($3.38M), Romania ($1.82M), and Portugal ($926k).

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Exporters of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals (2022 - 2023)

Importers of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals.

In 2023, market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals are explained by 24 countries.

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Value of Exports in Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals

Net Trade

TOP NET EXPORTER (2023)United States$634M
TOP NET IMPORTER (2023)Japan$1.49B

This map shows which countries export or import more of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals. Each country is colored based on the difference in exports and imports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were United States ($634M), France ($505M), Czechia ($379M), South Africa ($330M), and Chinese Taipei ($188M).

In 2023, the countries that had a largest trade value in imports than in exports of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals were Japan ($1.49B), Belgium ($1.21B), Germany ($1.02B), Singapore ($86.3M), and Switzerland ($45.9M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals.
It is possible to select the main countries that export or import Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals 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 (2023)

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