Platinum exports from Turkey: data, top buyers and prices
Turkey exported $10.1 million of platinum in 2024 (2 tonnes). That is 62% less than in 2023. Over 2017-2024 the trade grew strongly, by about 9% a year on average. The peak in this period was 2021, at $111.2 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $10.1M | 3 t |
| 2023 | $26.8M | 1 t |
| 2022 | $97.1M | 2 t |
| 2021 | $111.2M | 2 t |
| 2020 | $50.7M | 1 t |
| 2019 | $10.8M | 1 t |
| 2018 | $8.6M | 0 t |
| 2017 | $5.5M | 0 t |
Where Turkey exports platinum to
The largest buyer markets were Switzerland (48%), Japan (23%), Germany (12%). Among the main buyer markets, Austria grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Switzerland | $4.9M | 48% |
| Japan | $2.3M | 23% |
| Germany | $1.2M | 12% |
| Italy | $590K | 5.8% |
| Austria | $440K | 4.4% |
| United States | $355K | 3.5% |
| Australia | $183K | 1.8% |
| Czech Republic | $146K | 1.4% |
| Ukraine | $18K | 0.2% |
| Azerbaijan | $7K | 0.1% |
Product types under HS 7110
| 7110.19 | Metals: platinum, semi-manufactured | 33% |
| 7110.21 | Metals: palladium, unwrought or in powder form | 32% |
| 7110.11 | Metals: platinum, unwrought or in powder form | 22% |
| 7110.29 | Metals: palladium, semi-manufactured | 12% |
| 7110.31 | Metals: rhodium, unwrought or in powder form | 1.8% |
| 7110.39 | Metals: rhodium, semi-manufactured | 0% |
Codes and full descriptions: HS heading 7110.
Average export price per kg
The average declared value was about $4,044.24 per kg, 87% below the world average of $31,665.54, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Platinum imports to Turkey
Imports of platinum by Turkey reached $9.6 million in 2024 (1 tonnes). The largest suppliers were Italy (19%), United Kingdom (17%), Japan (17%). Among the main suppliers, Japan grew fastest (+644% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Italy | $1.8M | 19% |
| United Kingdom | $1.6M | 17% |
| Japan | $1.6M | 17% |
| Switzerland | $1.5M | 15% |
| Austria | $1.4M | 15% |
| Germany | $1.2M | 13% |
| Lebanon | $169K | 1.8% |
| United States | $92K | 1% |
| South Africa | $63K | 0.7% |
| France | $51K | 0.5% |
Who is behind these numbers in Turkey?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Platinum; unwrought or in semi-manufactured forms, or in powder form.
Common questions
What is the value of platinum exported by Turkey?
Turkey exported platinum worth $10.1 million in 2024, the latest year with complete public data, about 2 tonnes. That ranks it 39th of 98 countries worldwide, with 0% of world exports. The value was down 62% on 2023.
Which countries buy platinum from Turkey?
Switzerland was the largest buyer with 48% of the value ($4.9 million), followed by Japan (23%) and Germany (12%). The top three together account for 83%, out of 20 buyer countries in total. Germany grew fastest among the top ten, up 146% on the year.
What is the average export price of platinum per kg?
The average declared export value was about $4,044.24 per kg in 2024, 87% below the world average of $31,665.54 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have exports of platinum from Turkey changed since 2017?
Exports went from $5.5 million in 2017 to $10.1 million in 2024, an increase of 82%. The peak was 2021 at $111.2 million. Monthly and weekly movements since then are in EximDataX.
Does Turkey also import platinum?
Yes. Turkey imported $9.6 million worth of this product in 2024, mainly from Italy, the United Kingdom and Japan. That compares with exports of $10.1 million in the same year.
What is the HS code for platinum?
The HS code for platinum is heading 7110. In Turkey the largest six-digit codes were 7110.19 (33% of the value) and 7110.21 (32%). It sits in HS chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The full list of codes and descriptions is on the HS 7110 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX has a direct customs feed for Turkey with shipment-level records, updated weekly, so you can see importers and exporters by name with dates, quantities and declared values. Tell us your product and we will show you the latest records on a live call.
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