Platinum scrap and waste exports from the United Arab Emirates: data, top buyers and prices
The United Arab Emirates exported $125.6 million of platinum scrap and waste in 2024 (1.2 thousand tonnes). Its share of world exports was 2%. That is 30% less than in 2023. Over 2017-2024 the trade grew strongly, by about 18% a year on average. The peak in this period was 2021, at $443.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $125.6M | 1.2K t |
| 2023 | $179.1M | 1.0K t |
| 2022 | $394.1M | 1.4K t |
| 2021 | $443.5M | 1.0K t |
| 2020 | $183.4M | 1.4K t |
| 2019 | $91.0M | 813 t |
| 2018 | $45.4M | 493 t |
| 2017 | $38.4M | 611 t |
Where the United Arab Emirates exports platinum scrap and waste to
The largest buyer markets were Japan (50%), South Korea (48%), United Kingdom (1%).
| Destination | Value | Share |
|---|---|---|
| Japan | $62.5M | 50% |
| South Korea | $60.4M | 48% |
| United Kingdom | $1.7M | 1.3% |
| United States | $633K | 0.5% |
| Germany | $407K | 0.3% |
| Australia | $40K | 0% |
| Spain | $13K | 0% |
| Lithuania | $1K | 0% |
| Malaysia | $1K | 0% |
| Belgium | $0K | 0% |
Average export price per kg
The average declared value was about $108.40 per kg, 25% below the world average of $143.68, 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 scrap and waste imports to the United Arab Emirates
The United Arab Emirates imported $6.4 million of platinum scrap and waste in 2024 (77 tonnes). Most of the value came from South Korea (48%), Japan (23%), United States (13%). Among the main suppliers, India grew fastest (+79% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $3.1M | 48% |
| Japan | $1.4M | 23% |
| United States | $853K | 13% |
| India | $847K | 13% |
| Thailand | $151K | 2.4% |
| Uzbekistan | $8K | 0.1% |
| Sri Lanka | $1K | 0% |
Who is behind these numbers in the United Arab Emirates?
The shipment records behind United Arab Emirates platinum scrap and waste exports (HS 7112.92): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 7112.92: Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals.
Common questions
What is the value of platinum scrap and waste exported by the United Arab Emirates?
The United Arab Emirates exported platinum scrap and waste worth $125.6 million in 2024, the latest year with complete public data, about 1.2 thousand tonnes. That ranks it 12th of 132 countries worldwide, with 2% of world exports. The value was down 30% on 2023.
Which countries buy platinum scrap and waste from the United Arab Emirates?
Japan was the largest buyer with 50% of the value ($62.5 million), followed by South Korea (48%) and the United Kingdom (1%). The top three together account for 99%, out of 10 buyer countries in total. The United Kingdom grew fastest among the top ten, up 76% on the year.
What is the average export price of platinum scrap and waste per kg?
The average declared export value was about $108.40 per kg in 2024, 25% below the world average of $143.68 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of platinum scrap and waste from the United Arab Emirates changed since 2017?
Exports went from $38.4 million in 2017 to $125.6 million in 2024, an increase of 227%. The peak was 2021 at $443.5 million. Over 8 years the average was $187.6 million a year.
Does the United Arab Emirates also import platinum scrap and waste?
Yes. The United Arab Emirates imported $6.4 million worth of this product in 2024, mainly from South Korea, Japan and the United States. On balance the United Arab Emirates is a net exporter of this product, by about $119.3 million a year.
What is the HS code for platinum scrap and waste?
The HS code for platinum scrap and waste is subheading 7112.92. 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 7112 page.
How can I find the companies behind this trade?
EximDataX rebuilds the United Arab Emirates trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World platinum scrap and waste trade: top importers and exporters
More trade data for the United Arab Emirates
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