Current year-to-date ( YTD ) data is through May 2020.

Imports: Scrap of precious metal

Scrap of precious metal, the No. 119 import by value totaled $290.75 million for the month of May, $1.4 billion through May of 2020, and $2.54 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific imports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Sources

RankCountryYTD
1Germany$413.92 M
2United Kingdom$287.51 M
3Canada$191.8 M
4Mexico$108.62 M
5Japan$72.72 M
6Singapore$44.51 M
7Thailand$25.75 M
8Dominican Republic$21.29 M
9Italy$20.62 M
10China$19.54 M
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U.S. imports of Scrap of precious metal increased 71.85 percent through May to $1.4 billion

U.S. imports of Scrap of precious metal increased 71.85 percent from $812.13 million to $1.4 billion through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 119 through May among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 201 for the last full year with a total value of $2.54 billion, a $657.3 million, 34.82 percent increase from the 2018 total.

Through May of this year the leading sources were No. 1 Germany, No. 2 United Kingdom, No. 3 Canada, No. 4 Mexico and No. 5 Japan. The leading gateways were No. 1 Port of Charleston, No. 2 Port of Houston, No. 3 Port of Newark, No. 4 Port Laredo and No. 5 Miami Int’l Airport.

In the last previous full year, the leading sources were No. 1 Germany, No. 2 Canada, No. 3 United Kingdom, No. 4 Mexico and No. 5 Japan. The leading gateways were No. 1 Port of Houston, No. 2 Miami Int’l Airport, No. 3 Port of Newark, No. 4 Hartsfield-Jackson Atlanta International Airport and No. 5 Port of Los Angeles.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • Port of Charleston rose 220.29 percent compared to last year to $462.92 million.
  • Port of Houston rose 54.88 percent compared to last year to $133.5 million.
  • Port of Newark rose 108.67 percent compared to last year to $118.29 million.
  • Port Laredo rose 106.88 percent compared to last year to $89.82 million.
  • Miami Int’l Airport rose 21.12 percent compared to last year to $78.07 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. imports from No. 1 Germany increased $234.11 million, 130.19 percent, (29.66 percent market share).
  • U.S. imports from No. 2 United Kingdom increased $173.88 million, 153.02 percent, (20.6 percent market share).
  • U.S. imports from No. 3 Canada increased $50.78 million, 36.01 percent, (13.74 percent market share).
  • U.S. imports from No. 4 Mexico increased $46.96 million, 76.15 percent, (7.78 percent market share).
  • U.S. imports from No. 5 Japan increased $21.11 million, 40.9 percent, (5.21 percent market share).

All totaled, 77 percent of all these Scrap of precious metal imports to the United States were shipped from the top five markets through May of this year. That is equal to $1.07 billion of the $1.4 billion total.

All totaled, 63.24 percent of all these Scrap of precious metal imports to the United States were shipped to the top five Ports through May of this year. That is equal to $882.6 million of the $1.4 billion total