# HS 711299 Waste And Scrap Of Precious Metals I global trade...

Reported global trade in waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds reached $12.1B in 2024, with five-year annual growth of +3.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $6.2B | -14.7% | -10.4% |
| 2014 | $6.4B | +2.9% | -8.7% |
| 2015 | $6.5B | +0.4% | -4.1% |
| 2016 | $7.1B | +10.7% | +4.6% |
| 2017 | $7.5B | +4.6% | +5.2% |
| 2018 | $9.1B | +22.3% | +12.3% |
| 2019 | $10.1B | +10.1% | +12.1% |
| 2020 | $13.5B | +34.4% | +21.8% |
| 2021 | $17.0B | +25.6% | +22.9% |
| 2022 | $13.4B | -21.3% | +9.9% |
| 2023 | $11.3B | -15.5% | -5.8% |
| 2024 | $12.1B | +7.5% | -10.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Japan | $2.4B | +7.1% | 41 |
| Germany | $2.3B | +7.2% | 110 |
| Italy | $1.8B | +3.8% | 55 |
| United Kingdom | $974.5M | -6.8% | 74 |
| Belgium | $749.5M | -1% | 49 |
| Republic of Korea | $695.1M | +8.2% | 24 |
| Malaysia | $612.8M | +140.1% | 37 |
| Canada | $569.8M | +7.5% | 32 |
| USA | $505.3M | -13.2% | 62 |
| Switzerland, Liechtenstein | $425.0M | +26.6% | 28 |
| Norway | $190.8M | -9.7% | 18 |
| Spain | $97.5M | +43.3% | 23 |

_Source: reported merchandise trade data. Updated 2026-08-14._