Unwrought rhodium exports from the United Kingdom: data and top buyer countries
In 2024, the United Kingdom exported unwrought rhodium worth $780.5 million (4 tonnes). It ranks 5th of 45 countries for exports of this product. Value fell 17% from 2023. Over 2017-2024 the trade grew strongly, by about 17% a year on average. The peak in this period was 2021, at $3.74 billion.
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 | $780.5M | 5 t |
| 2023 | $942.0M | 4 t |
| 2022 | $1.66B | 3 t |
| 2021 | $3.74B | 5 t |
| 2020 | $2.27B | 5 t |
| 2019 | $883.9M | 7 t |
| 2018 | $417.4M | 6 t |
| 2017 | $255.1M | 8 t |
Where the United Kingdom exports unwrought rhodium to
United States alone took 52% of it. Among the main buyer markets, Japan grew fastest (+176% on the year before).
| Destination | Value | Share |
|---|---|---|
| United States | $407.5M | 52% |
| South Korea | $95.4M | 12% |
| Germany | $87.6M | 11% |
| Hong Kong | $87.6M | 11% |
| Japan | $47.7M | 6.1% |
| China | $20.2M | 2.6% |
| Italy | $17.8M | 2.3% |
| Argentina | $10.2M | 1.3% |
| Brazil | $3.1M | 0.4% |
| Switzerland | $1.6M | 0.2% |
Unwrought rhodium imports to the United Kingdom
The United Kingdom imported $669.7 million of unwrought rhodium in 2024 (5 tonnes). That makes it the 5th largest importer of this product worldwide, out of 59 countries. Most of the value came from South Africa (39%), Belgium (26%), Italy (10%).
| Supplier country | Value | Share |
|---|---|---|
| South Africa | $259.4M | 39% |
| Belgium | $174.1M | 26% |
| Italy | $66.3M | 9.9% |
| Switzerland | $46.4M | 6.9% |
| India | $45.4M | 6.8% |
| Germany | $44.8M | 6.7% |
| Japan | $11.7M | 1.7% |
| United States | $9.6M | 1.4% |
| Norway | $8.9M | 1.3% |
| South Korea | $2.4M | 0.4% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom unwrought rhodium exports (HS 7110.31): companies, dates, quantities and declared values.
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Direct customs feed: shipment-level records from the official customs source.
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 7110.31: Metals: rhodium, unwrought or in powder form.
Common questions
What is the value of unwrought rhodium exported by the United Kingdom?
The United Kingdom exported unwrought rhodium worth $780.5 million in 2024, the latest year with complete public data, about 4 tonnes. That ranks it 5th of 45 countries worldwide, with 11% of world exports. The value was down 17% on 2023.
Which countries buy unwrought rhodium from the United Kingdom?
The United States was the largest buyer with 52% of the value ($407.5 million), followed by South Korea (12%) and Germany (11%). The top three together account for 76%, out of 15 buyer countries in total. Japan grew fastest among the top ten, up 176% on the year.
How have exports of unwrought rhodium from the United Kingdom changed since 2017?
Exports went from $255.1 million in 2017 to $780.5 million in 2024, an increase of 206%. The peak was 2021 at $3.74 billion. Over 8 years the average was $1.37 billion a year.
Does the United Kingdom also import unwrought rhodium?
Yes. The United Kingdom imported $669.7 million worth of this product in 2024, mainly from South Africa, Belgium and Italy. That compares with exports of $780.5 million in the same year.
What is the HS code for unwrought rhodium?
The HS code for unwrought rhodium is subheading 7110.31. 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United Kingdom. Tell us your product to see it live.
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