Unwrought platinum exports from the United Arab Emirates: data, top buyers and prices
The United Arab Emirates exported $1.08 billion of unwrought platinum in 2024 (177 tonnes). That makes it the 3rd largest exporter of this product worldwide, out of 66 countries. Value rose 2768% on 2023. Over 2017-2024 the trade grew strongly, by about 212% a year on average.
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 | $1.08B | 177 t |
| 2023 | $37.7M | 3 t |
| 2022 | $96.2M | 46 t |
| 2021 | $40.9M | 1 t |
| 2020 | $8.4M | 1 t |
| 2019 | $13.6M | 1 t |
| 2018 | $83.7M | 2 t |
| 2017 | $379K | - |
Where the United Arab Emirates exports unwrought platinum to
India alone took 98% of it.
| Destination | Value | Share |
|---|---|---|
| India | $1.06B | 98% |
| Hong Kong | $10.2M | 0.9% |
| Thailand | $7.6M | 0.7% |
| Germany | $236K | 0% |
| France | $104K | 0% |
| Indonesia | $99K | 0% |
Average export price per kg
The average declared value was about $6,124.70 per kg, 75% below the world average of $24,598.91, 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.
Unwrought platinum imports to the United Arab Emirates
Imports of unwrought platinum by the United Arab Emirates reached $38.3 million in 2024 (1 tonnes). Hong Kong alone supplied 60% of it.
| Supplier country | Value | Share |
|---|---|---|
| Hong Kong | $22.9M | 60% |
| Switzerland | $11.2M | 29% |
| India | $3.3M | 8.7% |
| Bahrain | $291K | 0.8% |
| United States | $275K | 0.7% |
| Germany | $181K | 0.5% |
| South Africa | $49K | 0.1% |
| Austria | $17K | 0% |
| Saudi Arabia | $1K | 0% |
Who is behind these numbers in the United Arab Emirates?
The shipment records behind United Arab Emirates unwrought platinum exports (HS 7110.11): 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 7110.11: Metals: platinum, unwrought or in powder form.
Common questions
What is the value of unwrought platinum exported by the United Arab Emirates?
The United Arab Emirates exported unwrought platinum worth $1.08 billion in 2024, the latest year with complete public data, about 177 tonnes. That ranks it 3rd of 66 countries worldwide, with 7% of world exports.
Which countries buy unwrought platinum from the United Arab Emirates?
India was the largest buyer with 98% of the value ($1.06 billion), followed by Hong Kong (1%) and Thailand (1%). The top three together account for 100%, out of 6 buyer countries in total. Hong Kong grew fastest among the top ten, up 192% on the year.
What is the average export price of unwrought platinum per kg?
The average declared export value was about $6,124.70 per kg in 2024, 75% below the world average of $24,598.91 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of unwrought platinum from the United Arab Emirates changed since 2017?
Exports went from $378 thousand in 2017 to $1.08 billion in 2024. 2024 was the highest year in the period. Over 8 years the average was $170.4 million a year.
Does the United Arab Emirates also import unwrought platinum?
Yes. The United Arab Emirates imported $38.3 million worth of this product in 2024, mainly from Hong Kong, Switzerland and India. On balance the United Arab Emirates is a net exporter of this product, by about $1.04 billion a year.
What is the HS code for unwrought platinum?
The HS code for unwrought platinum is subheading 7110.11. 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?
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
More trade data for the United Arab Emirates
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