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

In 2024, Hong Kong exported $1.5 billion of platinum-group metals (42 tonnes), 3.3% of the world total. Its main destinations were China (50%), the United Kingdom (22%) and Switzerland (11%). Hong Kong was the world’s 11th-largest exporter of platinum-group metals.

Summary

Value
$1.5billion
Tonnes
42tonnes
Share of world total
3.3%
World rank
11th
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
China758Tonnes: 19USD per tonne: $40,741,05349.9%Land
United Kingdom341Tonnes: 11USD per tonne: $31,450,82722.4%Air
Switzerland160Tonnes: 5USD per tonne: $32,753,22510.5%Air
Japan154Tonnes: 3USD per tonne: $46,872,01510.1%Air
United Arab Emirates23.6Tonnes: 1USD per tonne: $32,148,3961.6%Air
India16.3Tonnes: 1USD per tonne: $22,067,5121.1%Air
Australia15.6Tonnes: 1USD per tonne: $30,868,5531%Air
Italy15.4Tonnes: 0USD per tonne: $40,095,4511%Air
Thailand10.5Tonnes: 0USD per tonne: $31,636,2750.69%Air
South Korea10.1Tonnes: 0USD per tonne: $31,050,8400.67%Air
Malaysia4.7Tonnes: 0USD per tonne: $29,592,2200.31%Air
Germany4.5Tonnes: 0USD per tonne: $28,730,9360.3%Air
Taiwan2.6Tonnes: 0USD per tonne: $18,582,4500.17%Air
Vietnam1.9Tonnes: 0USD per tonne: $29,555,4920.12%Air
United States1.1Tonnes: 0USD per tonne: $15,877,1710.07%Air
Singapore re-exports0.75Tonnes: 0USD per tonne: $15,910,2770.05%Air
Indonesia0.46Tonnes: 1USD per tonne: $449,1930.03%Air
Russia0.04Tonnes: 0USD per tonne: $38,145,0000%Air
New Zealand0.03Tonnes: 0USD per tonne: $26,304,0000%Air
Philippines0.02Tonnes: 0USD per tonne: $6,888,0000%Air

Trend

Who it sells to

China has been its main destination since 2022

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

  • China 758
  • United Kingdom 341
  • Switzerland 160
  • Japan 154
  • United Arab Emirates 23.6

Source: CEPII BACI

Show the numbers
Partner19952024
China2.5758
United Kingdom0.06341
Switzerland0.31160
Japan0.22154
United Arab Emirates023.6

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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