Platinum scrap and waste imports in the United States: data, top suppliers and prices
The United States imported $977.1 million of platinum scrap and waste in 2024 (5.2 thousand tonnes). That makes it the 2nd largest importer of this product worldwide, out of 68 countries. That is close to the 2023 level. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $2.23 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $977.1M | 5.2K t |
| 2023 | $992.7M | 2.4K t |
| 2022 | $1.32B | 3.4K t |
| 2021 | $2.23B | 5.9K t |
| 2020 | $1.96B | 24.1K t |
| 2019 | $1.29B | 7.5K t |
| 2018 | $1.08B | 3.5K t |
| 2017 | $1.14B | 1.8K t |
Where the United States imports platinum scrap and waste from
Most of the value came from United Kingdom (18%), Germany (15%), Canada (15%). Trade is spread widely: the top three suppliers together make up only 49%. Among the main suppliers, Saudi Arabia grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| United Kingdom | $177.6M | 18% |
| Germany | $149.9M | 15% |
| Canada | $147.6M | 15% |
| Mexico | $88.5M | 9.1% |
| Sweden | $66.4M | 6.8% |
| Netherlands | $65.2M | 6.7% |
| Japan | $42.2M | 4.3% |
| Italy | $38.6M | 4% |
| Saudi Arabia | $32.3M | 3.3% |
| France | $20.5M | 2.1% |
Average import price per kg
The average declared value was about $186.88 per kg, 30% above the world average of $143.68. 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.
Platinum scrap and waste exports from the United States
The United States exported $857.8 million of platinum scrap and waste in 2024 (6.2 thousand tonnes). That makes it the largest exporter of this product worldwide, out of 132 countries. Most of it went to Germany (38%), Japan (26%), Belgium (12%). Among the main buyer markets, Italy grew fastest (+82% on the year before).
| Destination | Value | Share |
|---|---|---|
| Germany | $322.4M | 38% |
| Japan | $225.0M | 26% |
| Belgium | $101.6M | 12% |
| Italy | $80.8M | 9.4% |
| Canada | $49.1M | 5.7% |
| United Kingdom | $28.2M | 3.3% |
| Sweden | $26.0M | 3% |
| South Africa | $7.6M | 0.9% |
| Taiwan | $5.6M | 0.7% |
| Hong Kong | $4.9M | 0.6% |
Who is behind these numbers in the United States?
The shipment records behind United States platinum scrap and waste imports (HS 7112.92): companies, dates, quantities and declared values.
Shipment records are in the platform
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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 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 imported by the United States?
The United States imported platinum scrap and waste worth $977.1 million in 2024, the latest year with complete public data, about 5.2 thousand tonnes. That ranks it 2nd of 68 countries worldwide, with 18% of world imports. The value was down 2% on 2023.
Which countries supply platinum scrap and waste to the United States?
The United Kingdom was the largest supplier with 18% of the value ($177.6 million), followed by Germany (15%) and Canada (15%). The top three together account for 49%, out of 58 supplier countries in total. Sweden grew fastest among the top ten, up 60% on the year.
What is the average import price of platinum scrap and waste per kg?
The average declared import value was about $186.88 per kg in 2024, 30% above the world average of $143.68 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of platinum scrap and waste to the United States changed since 2017?
Imports went from $1.14 billion in 2017 to $977.1 million in 2024, a fall of 14%. The peak was 2021 at $2.23 billion. Over 8 years the average was $1.37 billion a year.
Does the United States also export platinum scrap and waste?
Yes. The United States exported $857.8 million worth of this product in 2024, mainly to Germany, Japan and Belgium. That compares with imports of $977.1 million in the same 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United States. Tell us your product to see it live.
Same product, other countries
World platinum scrap and waste trade: top importers and exporters
More trade data for the United States
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