🇺🇸 United States imports of platinum: 2024 trade data
In 2024, the United States imported platinum worth $6.90 billion (174 tonnes). That makes it the largest importer of this product worldwide, out of 132 countries. That is 14% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $17.98 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of platinum by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $6.90B | 174 t |
| 2023 | $7.98B | 167 t |
| 2022 | $13.03B | 172 t |
| 2021 | $17.98B | 182 t |
| 2020 | $10.97B | 165 t |
| 2019 | $6.62B | 169 t |
| 2018 | $5.85B | 283 t |
| 2017 | $4.43B | 168 t |
Where the United States imports platinum from
The largest suppliers were South Africa (42%), Russia (13%), Germany (12%).
| Supplier country | Value | Share |
|---|---|---|
| 🇿🇦 South Africa | $2.88B | 42% |
| 🇷🇺 Russia | $877.8M | 13% |
| 🇩🇪 Germany | $845.8M | 12% |
| 🇬🇧 United Kingdom | $844.5M | 12% |
| 🇧🇪 Belgium | $454.5M | 6.6% |
| 🇮🇹 Italy | $264.3M | 3.8% |
| 🇰🇷 South Korea | $214.6M | 3.1% |
| 🇨🇦 Canada | $159.6M | 2.3% |
| 🇨🇭 Switzerland | $113.8M | 1.7% |
| 🇯🇵 Japan | $77.5M | 1.1% |
Types of platinum under HS 7110
| 7110.21 | Metals: palladium, unwrought or in powder form | 28% |
| 7110.31 | Metals: rhodium, unwrought or in powder form | 27% |
| 7110.11 | Metals: platinum, unwrought or in powder form | 21% |
| 7110.19 | Metals: platinum, semi-manufactured | 8.9% |
| 7110.39 | Metals: rhodium, semi-manufactured | 4.9% |
| 7110.29 | Metals: palladium, semi-manufactured | 4.8% |
| 7110.41 | Metals: iridium, osmium, ruthenium, unwrought or in powder form | 3.9% |
| 7110.49 | Metals: iridium, osmium, ruthenium, semi-manufactured | 1.1% |
Codes and full descriptions: HS heading 7110.
Average import price of platinum
The average declared value was about $39,696.14 per kg, 25% above the world average of $31,665.54. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports platinum
In 2024, the United States exported platinum worth $3.11 billion (120 tonnes). That makes it the 5th largest exporter of this product worldwide, out of 98 countries. Most of it went to Switzerland (19%), Germany (15%), Canada (14%). Trade is spread widely: the top three buyer markets together make up only 48%. Among the main buyer markets, Hong Kong grew fastest (+171% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $586.1M | 19% |
| 🇩🇪 Germany | $477.0M | 15% |
| 🇨🇦 Canada | $438.5M | 14% |
| 🇮🇹 Italy | $327.3M | 11% |
| 🇭🇰 Hong Kong | $304.3M | 9.8% |
| 🇯🇵 Japan | $238.3M | 7.7% |
| 🇨🇳 China | $215.6M | 6.9% |
| 🇬🇧 United Kingdom | $114.6M | 3.7% |
| 🇧🇷 Brazil | $92.1M | 3% |
| Taiwan | $60.7M | 2% |
Who is behind these numbers in the United States?
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.
Platinum trade in the United States: questions
What is the value of platinum imported by the United States?
The United States imported platinum worth $6.90 billion in 2024 (174 tonnes).
Where does the United States import platinum from?
The main supplier countries in 2024 were South Africa (42%), Russia (13%), Germany (12%).
What is the average import price of platinum in the United States?
The average declared import value was about $39,696.14 per kg in 2024, against a world average of $31,665.54 per kg.
Does the United States export platinum?
Yes. The United States exported platinum worth $3.11 billion in 2024, mainly to Switzerland, Germany, Canada.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Platinum trade in other countries
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.