The European precious metals trade balance in thousand metric tons highlights Romania's dominance, representing a significant share at 90.88, although experiencing a slight decrease. Germany and Belgium follow as notable contributors. Many other European countries show minimal trade balances, with several, including Greece and the Netherlands, having negative values, indicating a deficit. Notably, Germany, Sweden, Bulgaria, and Italy maintained stable volumes compared to the previous year.
Future trends indicate potential shifts as the global economy evolves. Market disruptions, technological advancements, and geopolitical factors could impact trade dynamics significantly, leading to new opportunities and challenges for European countries in precious metals trading.
Top countries in Precious Metals Trade Balance Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 90.88 | 2023 | +11.09% | -1.89% | View data |
| 2 | 2 Germany | 7.41 | 2023 | +1.37% | View data | |
| 3 | 3 Belgium | 6.65 | 2023 | +6.74% | -8.31% | View data |
| 4 | 4 Bulgaria | 1.52 | 2023 | +3.99% | View data | |
| 5 | 5 Sweden | 0.97 | 2023 | +3.52% | View data | |
| 6 | 6 Italy | 0.18 | 2023 | +6.62% | View data | |
| 7 | 7 Austria | 0.024 | 2023 | +9.95% | View data | |
| 8 | 8 Malta | 0.011 | 2023 | -127.93% | View data | |
| 9 | 9 Denmark | 0.007 | 2023 | 0% | View data | |
| 10 | 10 Latvia | 0.003 | 2023 | +880% | View data |
