Precious metal scrap exports from Ghana: data, top buyers and prices
Exports of precious metal scrap by Ghana reached $32.0 million in 2024 (598 tonnes). That is 36% less than in 2023. Over 2017-2024 the trade grew strongly, by about 21% a year on average. The peak in this period was 2023, at $49.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $32.0M | 598 t |
| 2023 | $49.8M | 1.5K t |
| 2022 | $33.7M | 205 t |
| 2021 | $31.2M | 596 t |
| 2020 | $24.6M | 1.3K t |
| 2019 | $14.5M | 899 t |
| 2018 | $8.6M | 948 t |
| 2017 | $8.4M | 1.8K t |
Where Ghana exports precious metal scrap to
Belgium alone took 83% of it. Among the main buyer markets, South Korea grew fastest (+84% on the year before).
| Destination | Value | Share |
|---|---|---|
| Belgium | $26.6M | 83% |
| Italy | $3.1M | 9.8% |
| South Korea | $1.8M | 5.7% |
| Hong Kong | $347K | 1.1% |
| Germany | $156K | 0.5% |
| Lithuania | $13K | 0% |
Product types under HS 7112
| 7112.99 | Precious metal scrap (other types) | 93% |
| 7112.92 | Platinum scrap and waste | 5.7% |
| 7112.91 | Gold scrap and waste | 1.1% |
Codes and full descriptions: HS heading 7112.
Average export price per kg
The average declared value was about $53.54 per kg, 53% below the world average of $113.77, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Precious metal scrap imports to Ghana
In 2024, Ghana imported precious metal scrap worth $731 thousand (498 tonnes). One supplier dominates: Brazil accounted for 100% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Brazil | $731K | 100% |
| Belgium | $0K | 0% |
Who is behind these numbers in Ghana?
The shipment records behind Ghana precious metal scrap exports (HS 7112): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 7112: Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal other than goods of heading 85.49.
Common questions
What is the value of precious metal scrap exported by Ghana?
Ghana exported precious metal scrap worth $32.0 million in 2024, the latest year with complete public data, about 598 tonnes. That ranks it 56th of 170 countries worldwide, with 0% of world exports. The value was down 36% on 2023.
Which countries buy precious metal scrap from Ghana?
Belgium was the largest buyer with 83% of the value ($26.6 million), followed by Italy (10%) and South Korea (6%). The top three together account for 98%, out of 6 buyer countries in total. South Korea grew fastest among the top ten, up 84% on the year.
What is the average export price of precious metal scrap per kg?
The average declared export value was about $53.54 per kg in 2024, 53% below the world average of $113.77 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of precious metal scrap from Ghana changed since 2017?
Exports went from $8.4 million in 2017 to $32.0 million in 2024, an increase of 283%. The peak was 2023 at $49.8 million. Over 8 years the average was $25.3 million a year.
Does Ghana also import precious metal scrap?
Yes. Ghana imported $731 thousand worth of this product in 2024, mainly from Brazil and Belgium. On balance Ghana is a net exporter of this product, by about $31.3 million a year.
What is the HS code for precious metal scrap?
The HS code for precious metal scrap is heading 7112. In Ghana the largest six-digit codes were 7112.99 (93% of the value) and 7112.92 (6%).
How can I find the companies behind this trade?
Shipment-level records for Ghana reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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