Iridium, osmium, ruthenium (semi-manufactured) trade by country: top importers, exporters and prices
World trade in iridium, osmium, ruthenium (semi-manufactured) was worth $517.3 million in 2024, about 27 tonnes. That is an increase of 201% since 2017, and up 36% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $517.3M | 27 t |
| 2023 | $381.0M | 24 t |
| 2022 | $571.0M | 38 t |
| 2021 | $475.1M | 26 t |
| 2020 | $282.1M | 30 t |
| 2019 | $257.2M | 28 t |
| 2018 | $348.8M | 41 t |
| 2017 | $172.0M | 37 t |
Top iridium, osmium, ruthenium (semi-manufactured) exporting countries
South Africa is the largest exporter with 26% of world exports, followed by Japan and Taiwan. The top three supply 62% between them, out of 47 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| South Africa | $135.8M | 26% |
| Japan | $97.8M | 19% |
| Taiwan | $86.4M | 17% |
| United Kingdom | $49.6M | 9.6% |
| Germany | $40.6M | 7.9% |
| United States | $35.7M | 6.9% |
| France | $24.2M | 4.7% |
| Singapore | $15.6M | 3% |
| China | $8.2M | 1.6% |
| Hong Kong | $8.1M | 1.6% |
| Italy | $3.4M | 0.7% |
| Ireland | $2.8M | 0.5% |
Top importing countries and buyer markets
China is the biggest buyer with 22% of world imports, ahead of Japan and the United States. Demand is concentrated: the top three take 54% across 81 importing countries.
| Importer | Value | Share |
|---|---|---|
| China | $112.1M | 22% |
| Japan | $91.8M | 18% |
| United States | $78.1M | 15% |
| United Kingdom | $61.3M | 12% |
| Singapore | $40.4M | 7.8% |
| Germany | $33.0M | 6.4% |
| Hong Kong | $20.7M | 4% |
| Austria | $18.9M | 3.7% |
| Malaysia | $13.0M | 2.5% |
| Philippines | $6.1M | 1.2% |
| Italy | $5.8M | 1.1% |
| South Korea | $4.2M | 0.8% |
Average price per kg
The world average declared value was about $19,160.28 per kg in 2024. Among the main exporters, Germany averaged $32,198.04 per kg and Taiwan $11,866.12 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Iridium, osmium, ruthenium (semi-manufactured) (HS 7110.49) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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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 7110.49: Metals: iridium, osmium, ruthenium, semi-manufactured. HS 7110 codes.
Common questions
Which countries export the most iridium, osmium, ruthenium (semi-manufactured)?
South Africa exported $135.8 million in 2024, 26% of the world total, followed by Japan (19%) and Taiwan (17%). In all, 47 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most iridium, osmium, ruthenium (semi-manufactured)?
China imported $112.1 million in 2024, 22% of world imports, ahead of Japan (18%) and the United States (15%). The top three importers together take 54%. Each country with its own page is linked from the table.
How big is the world trade in iridium, osmium, ruthenium (semi-manufactured)?
It was worth $517.3 million in 2024, about 27 tonnes. That is an increase of 201% since 2017. The peak year was 2022 at $571.0 million. 47 countries reported exports and 81 reported imports.
What is the average price of iridium, osmium, ruthenium (semi-manufactured) per kg?
The world average declared value was about $19,160.28 per kg in 2024. Among the main exporters, Germany averaged $32,198.04 per kg and Taiwan $11,866.12 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for iridium, osmium, ruthenium (semi-manufactured)?
The HS code for iridium, osmium, ruthenium (semi-manufactured) is subheading 7110.49, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7110 page.
How can I find iridium, osmium, ruthenium (semi-manufactured) buyers and suppliers?
EximDataX shows the importers and exporters of iridium, osmium, ruthenium (semi-manufactured) by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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