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

In 2024, Japan exported $1.5 billion of platinum-group metals (59 tonnes), 3.4% of the world total. Its main destinations were China (23%), Hong Kong (20%) and the United Kingdom (13%). Japan was the world’s 10th-largest exporter of platinum-group metals.

Summary

Value
$1.5billion
Tonnes
59tonnes
Share of world total
3.4%
World rank
10th
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
China350Tonnes: 14USD per tonne: $24,506,73122.7%Air
Hong Kong re-exports302Tonnes: 7USD per tonne: $41,712,12719.6%Air
United Kingdom200Tonnes: 6USD per tonne: $36,063,61513%Air
South Korea187Tonnes: 6USD per tonne: $32,643,39512.2%Air
Singapore re-exports135Tonnes: 10USD per tonne: $13,733,1498.7%Air
Germany95.6Tonnes: 2USD per tonne: $39,523,5716.2%Air
United States63.7Tonnes: 2USD per tonne: $30,270,8194.1%Air
Switzerland63.2Tonnes: 2USD per tonne: $32,532,6664.1%Air
Taiwan44.7Tonnes: 1USD per tonne: $30,564,3222.9%Air
Thailand28.3Tonnes: 1USD per tonne: $31,917,8311.8%Air
Malaysia13Tonnes: 3USD per tonne: $4,874,9160.84%Air
Australia10.2Tonnes: 0USD per tonne: $36,773,2390.66%Air
India7.3Tonnes: 0USD per tonne: $30,543,7670.48%Air
Canada6.7Tonnes: 0USD per tonne: $34,541,6510.44%Air
Vietnam6.6Tonnes: 0USD per tonne: $32,789,9060.43%Air
Bulgaria6Tonnes: 0USD per tonne: $33,387,4890.39%Air
Norway5.1Tonnes: 0USD per tonne: $38,773,8860.33%Air
Italy3.2Tonnes: 0USD per tonne: $27,265,0920.21%Air
Philippines2.5Tonnes: 0USD per tonne: $12,232,1390.17%Air
France2Tonnes: 0USD per tonne: $16,244,6290.13%Air

Trend

Who it sells to

China has been its main destination since 2023

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

  • China 350
  • Hong Kong 302
  • United Kingdom 200
  • South Korea 187
  • Singapore 135

Source: CEPII BACI

Show the numbers
Partner19952024
China1.2350
Hong Kong9.6302
United Kingdom3.4200
South Korea12.2187
Singapore2.6135

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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