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

In 2024, Italy exported $2.1 billion of platinum-group metals (63 tonnes), 4.6% of the world total. Its main destinations were Switzerland (21%), Germany (20%) and the United Kingdom (18%). Italy was the world’s 7th-largest exporter of platinum-group metals.

Summary

Value
$2.1billion
Tonnes
63tonnes
Share of world total
4.6%
World rank
7th
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
Switzerland438Tonnes: 11USD per tonne: $38,306,89920.7%Land
Germany416Tonnes: 13USD per tonne: $32,915,76319.7%Air
United Kingdom389Tonnes: 11USD per tonne: $36,858,16118.4%Air
United States286Tonnes: 7USD per tonne: $42,495,00613.5%Air
Poland256Tonnes: 6USD per tonne: $39,432,33912.1%Air
Japan74.3Tonnes: 2USD per tonne: $37,368,8683.5%Air
France49.5Tonnes: 2USD per tonne: $20,830,3352.3%Land
Belgium re-exports46.4Tonnes: 2USD per tonne: $23,194,1362.2%Air
China35.5Tonnes: 1USD per tonne: $34,701,0701.7%Air
India29.9Tonnes: 1USD per tonne: $27,826,9841.4%Air
Netherlands re-exports22.7Tonnes: 1USD per tonne: $16,950,4861.1%Air
Portugal11.7Tonnes: 0USD per tonne: $52,490,8610.55%Air
Spain9.7Tonnes: 1USD per tonne: $16,927,6460.46%Air
Hong Kong re-exports7.1Tonnes: 0USD per tonne: $50,938,3880.33%Air
South Korea5.3Tonnes: 0USD per tonne: $27,191,6600.25%Air
Thailand4.5Tonnes: 1USD per tonne: $7,003,2210.21%Air
Canada4.5Tonnes: 0USD per tonne: $122,452,5680.21%Air
Czechia4.1Tonnes: 0USD per tonne: $43,655,3680.2%Air
Brazil4.1Tonnes: 0USD per tonne: $42,984,7470.19%Air
Norway3Tonnes: 0USD per tonne: $26,952,6900.14%Air

Trend

Who it sells to

Switzerland has been its main destination since 2024

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

  • Switzerland 0.44
  • Germany 0.42
  • United Kingdom 0.39
  • United States 0.29
  • Poland 0.26

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland< 0.010.44
Germany< 0.010.42
United Kingdom0.040.39
United States0.010.29
Poland00.26

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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