In 2023, Australia led the global export of precious metal ores and concentrates, valued at $1.2622 billion USD, showing a 5% year-on-year increase. Russia, Canada, and Kyrgyzstan also experienced notable growth, while Bulgaria faced a slight decrease. Despite a negative trend in Kazakhstan and Armenia, Morocco exhibited a substantial rise at 14.61%. The overall market reflects variable trends with some countries experiencing growth and others encountering declines.
Future trends to watch include a potential increase in Malaysia's export capacity due to its recent growth rate of 11.08%, alongside innovative developments in extraction technologies that may influence the dynamic between leading and emerging exporters.
Top countries in Export of Precious Metal Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 1,262,200,000 | 2023 | +2.87% | +5% | View data |
| 2 | 2 Russia | 749,310,000 | 2023 | +4.44% | +4.47% | View data |
| 3 | 3 Bulgaria | 392,700,000 | 2023 | +1.14% | -0.54% | View data |
| 4 | 4 United States | 206,480,000 | 2023 | +1.6% | +0.051% | View data |
| 5 | 5 Canada | 173,700,000 | 2023 | +5.44% | +6.46% | View data |
| 6 | 6 Kyrgyzstan | 172,520,000 | 2023 | +5.48% | +6.75% | View data |
| 7 | 7 Ecuador | 92,311,000 | 2023 | +5.29% | +4.98% | View data |
| 8 | 8 Spain | 75,727,000 | 2023 | +3.89% | +4.05% | View data |
| 9 | 9 South Africa | 75,674,000 | 2023 | -10.44% | +3.79% | View data |
| 10 | 10 Sweden | 70,178,000 | 2023 | +2.55% | +3.92% | View data |