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Where does Hong Kong get its platinum-group metals? Import sources 2024

In 2024, Hong Kong imported $4.4 billion of platinum-group metals (115 tonnes), 9.7% of the world total. Its main sources were South Africa (28%), Russia (18%) and Switzerland (12%). Hong Kong was the world’s 5th-largest importer of platinum-group metals.

Summary

Value
$4.4billion
Tonnes
115tonnes
Share of world total
9.7%
World rank
5th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
South Africa1.2Tonnes: 33USD per tonne: $37,431,49027.6%Air
Russia0.82Tonnes: 20USD per tonne: $40,405,58018.4%Air
Switzerland0.53Tonnes: 9USD per tonne: $60,014,27512%Air
Armenia0.44Tonnes: 15USD per tonne: $29,948,49810%Air
United Kingdom0.34Tonnes: 9USD per tonne: $37,394,4107.7%Air
China0.3Tonnes: 11USD per tonne: $28,593,1866.9%Land
Japan0.3Tonnes: 7USD per tonne: $41,712,1276.8%Air
United States0.3Tonnes: 4USD per tonne: $74,387,2676.7%Air
Germany0.06Tonnes: 1USD per tonne: $60,273,2361.3%Air
Belgium re-exports0.04Tonnes: 3USD per tonne: $13,667,1840.8%Air
Taiwan0.03Tonnes: 3USD per tonne: $12,315,9440.75%Air
Singapore re-exports0.01Tonnes: 0USD per tonne: $35,769,7230.31%Air
United Arab Emirates0.01Tonnes: 0USD per tonne: $34,427,4940.24%Air
Italy0.01Tonnes: 0USD per tonne: $50,938,3880.16%Air
France< 0.01Tonnes: 0USD per tonne: $28,622,8310.11%Air
South Korea< 0.01Tonnes: 0USD per tonne: $32,375,8730.07%Air
Serbia< 0.01Tonnes: 0USD per tonne: $31,196,7920.07%Air
Australia< 0.01Tonnes: 0USD per tonne: $30,858,6810.05%Air
India< 0.01Tonnes: 0USD per tonne: $29,146,8470.05%Air
Malaysia< 0.01Tonnes: 0USD per tonne: $24,991,3080.01%Air

Trend

Who it buys from

South Africa has been its main source since 2024

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

  • South Africa 1.2
  • Russia 0.82
  • Switzerland 0.53
  • Armenia 0.44
  • United Kingdom 0.34

Source: CEPII BACI

Show the numbers
Partner19952024
South Africa0.021.2
Russia00.82
Switzerland0.030.53
Armenia00.44
United Kingdom0.030.34

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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