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

In 2024, Italy imported $2.1 billion of platinum-group metals (58 tonnes), 4.5% of the world total. Its main sources were South Africa (22%), Switzerland (17%) and the United States (15%). Italy was the world’s 9th-largest importer of platinum-group metals.

Summary

Value
$2.1billion
Tonnes
58tonnes
Share of world total
4.5%
World rank
9th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
South Africa445Tonnes: 9USD per tonne: $51,789,50921.7%Air
Switzerland340Tonnes: 9USD per tonne: $38,697,68516.6%Land
United States316Tonnes: 13USD per tonne: $24,222,97215.4%Air
Germany316Tonnes: 9USD per tonne: $36,202,59315.4%Air
Russia202Tonnes: 6USD per tonne: $31,471,6819.8%Air
Singapore re-exports159Tonnes: 3USD per tonne: $46,273,7837.7%Air
United Kingdom96.7Tonnes: 3USD per tonne: $31,765,8484.7%Air
France51.7Tonnes: 2USD per tonne: $29,344,7312.5%Land
Belgium re-exports28.2Tonnes: 1USD per tonne: $33,171,8881.4%Air
Spain25.5Tonnes: 1USD per tonne: $30,824,4591.2%Air
Hong Kong re-exports15.4Tonnes: 0USD per tonne: $40,095,4510.75%Air
Poland14.4Tonnes: 0USD per tonne: $34,041,6670.7%Air
Netherlands re-exports7.3Tonnes: 0USD per tonne: $36,067,0990.35%Air
Norway4.7Tonnes: 0USD per tonne: $28,189,3520.23%Air
Austria4.3Tonnes: 0USD per tonne: $21,481,7100.21%Land
India3.5Tonnes: 0USD per tonne: $29,626,2910.17%Air
Japan3.2Tonnes: 0USD per tonne: $27,265,0920.16%Air
Sweden3.2Tonnes: 0USD per tonne: $26,422,0080.15%Air
Luxembourg3Tonnes: 0USD per tonne: $69,558,7670.15%Air
Czechia2.6Tonnes: 0USD per tonne: $43,238,0980.13%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 0.45
  • Switzerland 0.34
  • United States 0.32
  • Germany 0.32
  • Russia 0.2

Source: CEPII BACI

Show the numbers
Partner19952024
South Africa00.45
Switzerland0.020.34
United States0.020.32
Germany0.020.32
Russia0.070.2

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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