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

In 2024, Germany exported $3.1 billion of platinum-group metals (124 tonnes), 6.8% of the world total. Its main destinations were the United States (25%), Switzerland (16%) and Belgium (14%). Germany was the world’s 3rd-largest exporter of platinum-group metals.

Summary

Value
$3.1billion
Tonnes
124tonnes
Share of world total
6.8%
World rank
3rd
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
United States781Tonnes: 14USD per tonne: $54,240,89025%Air
Switzerland508Tonnes: 13USD per tonne: $39,898,44016.3%Land
Belgium re-exports444Tonnes: 38USD per tonne: $11,566,05414.2%Land
Italy316Tonnes: 9USD per tonne: $36,202,59310.1%Air
Japan257Tonnes: 3USD per tonne: $78,652,8998.2%Air
United Kingdom185Tonnes: 4USD per tonne: $42,050,7205.9%Air
France111Tonnes: 22USD per tonne: $5,068,9683.6%Land
Austria82.8Tonnes: 2USD per tonne: $39,980,7562.7%Land
China63.5Tonnes: 3USD per tonne: $22,452,9092%Air
Brazil61.8Tonnes: 1USD per tonne: $41,391,4662%Air
Hong Kong re-exports57.9Tonnes: 1USD per tonne: $60,273,2361.9%Air
Ireland46.3Tonnes: 2USD per tonne: $20,523,7131.5%Air
South Korea32.6Tonnes: 1USD per tonne: $32,385,3681%Air
Canada30.3Tonnes: 1USD per tonne: $31,644,9580.97%Air
Czechia20.4Tonnes: 1USD per tonne: $14,757,6870.66%Land
Norway17.6Tonnes: 1USD per tonne: $26,473,1480.56%Air
Netherlands re-exports14.8Tonnes: 1USD per tonne: $17,817,5660.47%Land
Slovakia14.4Tonnes: 0USD per tonne: $36,810,6000.46%Air
Singapore re-exports11.5Tonnes: 0USD per tonne: $26,306,4690.37%Air
Australia11Tonnes: 0USD per tonne: $38,235,4840.35%Air

Trend

Who it sells to

The United States has been its main destination since 2012

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

  • United States 0.78
  • Switzerland 0.51
  • Belgium 0.44
  • Italy 0.32
  • Japan 0.26

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.060.78
Switzerland0.060.51
Belgium0.010.44
Italy0.020.32
Japan0.050.26

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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