🇦🇪 United Arab Emirates exports of platinum: 2024 trade data
Exports of platinum by the United Arab Emirates reached $1.76 billion in 2024 (186 tonnes). It ranks 8th of 98 countries for exports of this product. Value rose 1276% on 2023. Over 2017-2024 the trade grew strongly, by about 146% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of platinum by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.76B | 186 t |
| 2023 | $127.8M | 5 t |
| 2022 | $1.25B | 66 t |
| 2021 | $57.7M | 2 t |
| 2020 | $15.7M | 1 t |
| 2019 | $14.9M | 1 t |
| 2018 | $102.2M | 4 t |
| 2017 | $3.2M | 0 t |
Where the United Arab Emirates exports platinum to
India alone took 99% of it.
| Destination | Value | Share |
|---|---|---|
| 🇮🇳 India | $1.74B | 99% |
| 🇭🇰 Hong Kong | $10.7M | 0.6% |
| 🇹🇭 Thailand | $10.5M | 0.6% |
| 🇺🇸 United States | $950K | 0.1% |
| 🇩🇪 Germany | $236K | 0% |
| 🇫🇷 France | $104K | 0% |
| 🇮🇩 Indonesia | $99K | 0% |
| 🇹🇿 Tanzania | $61K | 0% |
| 🇲🇹 Malta | $12K | 0% |
| 🇰🇪 Kenya | $0K | 0% |
Types of platinum under HS 7110
| 7110.11 | Metals: platinum, unwrought or in powder form | 62% |
| 7110.19 | Metals: platinum, semi-manufactured | 38% |
| 7110.31 | Metals: rhodium, unwrought or in powder form | 0.1% |
| 7110.41 | Metals: iridium, osmium, ruthenium, unwrought or in powder form | 0% |
| 7110.29 | Metals: palladium, semi-manufactured | 0% |
Codes and full descriptions: HS heading 7110.
Average export price of platinum
The average declared value was about $9,450.33 per kg, 70% 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.
The United Arab Emirates also imports platinum
Imports of platinum by the United Arab Emirates reached $86.3 million in 2024 (3 tonnes). The largest suppliers were Switzerland (38%), United Kingdom (28%), Hong Kong (27%). Among the main suppliers, Hong Kong grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $32.7M | 38% |
| 🇬🇧 United Kingdom | $24.0M | 28% |
| 🇭🇰 Hong Kong | $23.6M | 27% |
| 🇮🇳 India | $3.3M | 3.9% |
| 🇿🇦 South Africa | $1.1M | 1.2% |
| 🇺🇸 United States | $559K | 0.7% |
| 🇧🇭 Bahrain | $291K | 0.3% |
| 🇨🇦 Canada | $244K | 0.3% |
| 🇮🇹 Italy | $210K | 0.2% |
| 🇩🇪 Germany | $184K | 0.2% |
Who is behind these numbers in the United Arab Emirates?
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.
Mirror data: built from the shipment records of the countries that trade with it.
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.
Platinum trade in the United Arab Emirates: questions
What is the value of platinum imported by the United Arab Emirates?
The United Arab Emirates imported platinum worth $86.3 million in 2024 (3 tonnes).
Where does the United Arab Emirates import platinum from?
The main supplier countries in 2024 were Switzerland (38%), United Kingdom (28%), Hong Kong (27%).
What is the average import price of platinum in the United Arab Emirates?
The average declared import value was about $30,816.61 per kg in 2024, against a world average of $31,665.54 per kg.
Does the United Arab Emirates export platinum?
Yes. The United Arab Emirates exported platinum worth $1.76 billion in 2024, mainly to India, Hong Kong, Thailand.
What is the HS code for platinum?
Platinum falls under HS heading 7110 (Platinum; unwrought or in semi-manufactured forms, or in powder form). The six-digit codes under it split the product by type.
How can I find the companies trading platinum with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Platinum trade in other countries
More trade data for the United Arab Emirates
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