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Who buys Belgium’s platinum-group metals? Export destinations 2024

In 2024, Belgium exported $2.3 billion of platinum-group metals (53 tonnes), 5% of the world total. Its main destinations were Germany (36%), the United Kingdom (21%) and the United States (20%). Belgium was the world’s 6th-largest exporter of platinum-group metals.

Summary

Value
$2.3billion
Tonnes
53tonnes
Share of world total
5%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Germany838Tonnes: 20USD per tonne: $42,187,87036.5%Land
United Kingdom474Tonnes: 9USD per tonne: $51,650,14920.6%Air
United States448Tonnes: 9USD per tonne: $51,118,90219.5%Air
Brazil188Tonnes: 4USD per tonne: $42,796,3618.2%Air
Japan92.2Tonnes: 3USD per tonne: $36,720,7534%Air
South Korea84.7Tonnes: 2USD per tonne: $36,192,4343.7%Air
Canada36.7Tonnes: 1USD per tonne: $62,016,9221.6%Air
Hong Kong re-exports35.5Tonnes: 3USD per tonne: $13,667,1841.5%Air
China29.6Tonnes: 1USD per tonne: $56,478,2441.3%Air
Italy28.2Tonnes: 1USD per tonne: $33,171,8881.2%Air
Argentina11.5Tonnes: 1USD per tonne: $12,453,0330.5%Air
Switzerland10.5Tonnes: 0USD per tonne: $48,999,8830.46%Air
Thailand7.4Tonnes: 0USD per tonne: $32,472,2780.32%Air
North Macedonia6.5Tonnes: 0USD per tonne: $32,469,1000.28%Air
South Africa4.4Tonnes: 0USD per tonne: $38,559,3070.19%Air
Taiwan1.7Tonnes: 0USD per tonne: $168,012,5000.07%Air
France0.91Tonnes: 0USD per tonne: $2,035,6090.04%Land
Spain0.29Tonnes: 0USD per tonne: $71,153,2500.01%Air
Netherlands re-exports0.26Tonnes: 0USD per tonne: $23,078,4550.01%Land
Saudi Arabia0.23Tonnes: 0USD per tonne: $23,256,0000.01%Air

Trend

Who it sells to

Germany has been its main destination since 2005

Value in USD billions. The five largest destinations in 2024.

  • Germany 0.84
  • United Kingdom 0.47
  • United States 0.45
  • Brazil 0.19
  • Japan 0.09

Source: CEPII BACI

Show the numbers
Partner19952024
Germany0.010.84
United Kingdom0.030.47
United States0.060.45
Brazil< 0.010.19
Japan< 0.010.09

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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