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

In 2024, India imported $2.6 billion of platinum-group metals (201 tonnes), 5.8% of the world total. The United Arab Emirates sold 66% of the total, followed by Thailand (20%) and Tanzania (6%). India was the world’s 7th-largest importer of platinum-group metals.

Summary

Value
$2.6billion
Tonnes
201tonnes
Share of world total
5.8%
World rank
7th
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
United Arab Emirates1.7Tonnes: 186USD per tonne: $9,360,22466%Air
Thailand0.52Tonnes: 7USD per tonne: $78,350,18719.8%Air
Tanzania0.17Tonnes: 2USD per tonne: $93,660,4136.4%Air
United Kingdom0.05Tonnes: 2USD per tonne: $21,554,1621.8%Air
South Africa0.05Tonnes: 1USD per tonne: $35,863,8551.8%Air
Italy0.03Tonnes: 1USD per tonne: $27,826,9841.1%Air
Norway0.02Tonnes: 1USD per tonne: $31,760,9080.84%Air
Hong Kong re-exports0.02Tonnes: 1USD per tonne: $22,067,5120.62%Air
United States0.01Tonnes: 1USD per tonne: $21,784,9330.55%Air
Japan0.01Tonnes: 0USD per tonne: $30,543,7670.28%Air
Germany0.01Tonnes: 0USD per tonne: $27,084,7190.24%Air
South Korea0.01Tonnes: 0USD per tonne: $74,987,1320.19%Air
Switzerland< 0.01Tonnes: 0USD per tonne: $65,047,2340.16%Air
Indonesia< 0.01Tonnes: 0USD per tonne: $71,521,8460.14%Air
Spain< 0.01Tonnes: 0USD per tonne: $40,317,1180.03%Air
Rwanda< 0.01Tonnes: 0USD per tonne: $77,793,7500.02%Air
Colombia< 0.01Tonnes: 0USD per tonne: $27,959,8100.02%Air
Czechia< 0.01Tonnes: 0USD per tonne: $37,998,2500.02%Air
China< 0.01Tonnes: 0USD per tonne: $31,782,0000.01%Land
Sweden< 0.01Tonnes: 0USD per tonne: $6,580,3330%Air

Trend

Who it buys from

The United Arab Emirates has been its main source since 2024

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

  • United Arab Emirates 1.7
  • Thailand 0.52
  • Tanzania 0.17
  • United Kingdom 0.05
  • South Africa 0.05

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates01.7
Thailand< 0.010.52
Tanzania00.17
United Kingdom< 0.010.05
South Africa00.05

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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