Precious metal clad articles trade by country: top importers, exporters and prices
World trade in precious metal clad articles was worth $128.7 million in 2024, about 676 tonnes. That is an increase of 71% since 2017, and up 29% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $128.7M | 676 t |
| 2023 | $99.8M | 780 t |
| 2022 | $165.8M | 969 t |
| 2021 | $134.7M | 761 t |
| 2020 | $88.8M | 729 t |
| 2019 | $71.8M | 860 t |
| 2018 | $60.0M | 753 t |
| 2017 | $75.1M | 973 t |
Top precious metal clad articles exporting countries
Malaysia is the largest exporter with 26% of world exports, followed by Japan and Italy. The top three supply 59% between them, out of 93 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Malaysia | $33.4M | 26% |
| Japan | $29.5M | 23% |
| Italy | $12.6M | 9.8% |
| France | $8.5M | 6.6% |
| China | $7.1M | 5.6% |
| United Kingdom | $6.0M | 4.7% |
| Israel | $4.6M | 3.6% |
| Germany | $4.3M | 3.3% |
| United States | $2.5M | 2% |
| India | $2.4M | 1.9% |
| Thailand | $1.9M | 1.5% |
| Spain | $1.9M | 1.5% |
Top importing countries and buyer markets
The largest importers are Japan (24%), Malaysia (23%) and the United Kingdom (5%). 140 countries imported it, and the top three take 53% of the value.
| Importer | Value | Share |
|---|---|---|
| Japan | $31.5M | 25% |
| Malaysia | $29.8M | 23% |
| United Kingdom | $6.7M | 5.2% |
| United States | $5.8M | 4.5% |
| Poland | $3.6M | 2.8% |
| Romania | $3.5M | 2.7% |
| Saudi Arabia | $3.4M | 2.6% |
| Germany | $3.2M | 2.5% |
| France | $3.2M | 2.5% |
| India | $3.0M | 2.4% |
| Fiji | $2.8M | 2.1% |
| Singapore | $2.6M | 2% |
Average price per kg
The world average declared value was about $190.20 per kg in 2024. Among the main exporters, Japan averaged $6,048.83 per kg and China $46.00 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Related product types
Who is behind these numbers in this market?
The shipment records behind Precious metal clad articles (HS 7114.20) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7114.20: Goldsmiths' and silversmiths' wares: articles of and parts thereof, of base metal clad with precious metal. HS 7114 codes.
Common questions
Which countries export the most precious metal clad articles?
Malaysia exported $33.4 million in 2024, 26% of the world total, followed by Japan (23%) and Italy (10%). In all, 93 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most precious metal clad articles?
Japan imported $31.5 million in 2024, 24% of world imports, ahead of Malaysia (23%) and the United Kingdom (5%). The top three importers together take 53%. Each country with its own page is linked from the table.
How big is the world trade in precious metal clad articles?
It was worth $128.7 million in 2024, about 676 tonnes. That is an increase of 71% since 2017. The peak year was 2022 at $165.8 million. 93 countries reported exports and 140 reported imports.
What is the average price of precious metal clad articles per kg?
The world average declared value was about $190.20 per kg in 2024. Among the main exporters, Japan averaged $6,048.83 per kg and China $46.00 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for precious metal clad articles?
The HS code for precious metal clad articles is subheading 7114.20, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7114 page.
How can I find precious metal clad articles buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show precious metal clad articles buyers and suppliers on a short call.
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