🇬🇧 United Kingdom exports of precious metal compound: 2024 trade data
In 2024, the United Kingdom exported precious metal compound worth $711.7 million (428 tonnes). It ranks 4th of 90 countries for exports of this product. That is 30% less than in 2023. Over 2017-2024 the trade grew strongly, by about 8% a year on average. The peak in this period was 2021, at $2.03 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of precious metal compound by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $711.7M | 428 t |
| 2023 | $1.02B | 427 t |
| 2022 | $1.85B | 767 t |
| 2021 | $2.03B | 994 t |
| 2020 | $1.03B | 465 t |
| 2019 | $546.6M | 420 t |
| 2018 | $454.1M | 552 t |
| 2017 | $403.9M | 336 t |
Where the United Kingdom exports precious metal compound to
The largest buyer markets were North Macedonia (24%), France (18%), Germany (16%). Among the main buyer markets, China grew fastest (+202% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇲🇰 North Macedonia | $173.5M | 24% |
| 🇫🇷 France | $131.4M | 19% |
| 🇩🇪 Germany | $112.3M | 16% |
| 🇳🇱 Netherlands | $65.1M | 9.2% |
| 🇲🇾 Malaysia | $57.0M | 8% |
| 🇨🇿 Czech Republic | $28.2M | 4% |
| 🇨🇭 Switzerland | $25.5M | 3.6% |
| 🇨🇳 China | $23.0M | 3.2% |
| 🇵🇱 Poland | $19.3M | 2.7% |
| 🇪🇸 Spain | $15.5M | 2.2% |
Types of precious metal compound under HS 2843
| 2843.90 | Inorganic or organic compounds of precious metals, n.e.c.: amalgams | 67% |
| 2843.21 | Silver compounds: silver nitrates | 20% |
| 2843.29 | Silver compounds: excluding silver nitrates | 10% |
| 2843.30 | Gold compounds | 3.1% |
| 2843.10 | Colloidal precious metals: whether or not chemically defined | 0.2% |
Codes and full descriptions: HS heading 2843.
Average export price of precious metal compound
The average declared value was about $1,661.68 per kg, 64% above the world average of $1,016.15. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also imports precious metal compound
Imports of precious metal compound by the United Kingdom reached $89.9 million in 2024 (122 tonnes). Its share of world imports was 1%. The largest suppliers were Ireland (33%), Switzerland (20%), Germany (20%).
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇪 Ireland | $29.4M | 33% |
| 🇨🇭 Switzerland | $18.0M | 20% |
| 🇩🇪 Germany | $17.9M | 20% |
| 🇺🇸 United States | $10.0M | 11% |
| 🇿🇦 South Africa | $9.2M | 10% |
| 🇯🇵 Japan | $1.5M | 1.7% |
| 🇵🇱 Poland | $799K | 0.9% |
| 🇧🇪 Belgium | $774K | 0.9% |
| 🇪🇸 Spain | $522K | 0.6% |
| 🇨🇴 Colombia | $475K | 0.5% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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 2843: Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgams of precious metals.
Precious metal compound trade in the United Kingdom: questions
What is the value of precious metal compound imported by the United Kingdom?
The United Kingdom imported precious metal compound worth $89.9 million in 2024 (122 tonnes).
Where does the United Kingdom import precious metal compound from?
The main supplier countries in 2024 were Ireland (33%), Switzerland (20%), Germany (20%).
What is the average import price of precious metal compound in the United Kingdom?
The average declared import value was about $738.30 per kg in 2024, against a world average of $1,016.15 per kg.
Does the United Kingdom export precious metal compound?
Yes. The United Kingdom exported precious metal compound worth $711.7 million in 2024, mainly to North Macedonia, France, Germany.
What is the HS code for precious metal compound?
Precious metal compound falls under HS heading 2843 (Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgam). The six-digit codes under it split the product by type.
How can I find the companies trading precious metal compound with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Precious metal compound trade in other countries
More trade data for the United Kingdom
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