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

In 2024, Switzerland exported $1.9 billion of platinum-group metals (48 tonnes), 4.1% of the world total. Its main destinations were Hong Kong (29%), Italy (18%) and the United Kingdom (16%). Switzerland was the world’s 8th-largest exporter of platinum-group metals.

Summary

Value
$1.9billion
Tonnes
48tonnes
Share of world total
4.1%
World rank
8th
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
Hong Kong re-exports531Tonnes: 9USD per tonne: $60,014,27528.7%Air
Italy340Tonnes: 9USD per tonne: $38,697,68518.4%Land
United Kingdom289Tonnes: 7USD per tonne: $41,568,29115.6%Air
Germany141Tonnes: 5USD per tonne: $26,826,3267.6%Land
China138Tonnes: 5USD per tonne: $29,921,9287.5%Air
United States108Tonnes: 3USD per tonne: $31,115,3855.8%Air
South Korea58.9Tonnes: 2USD per tonne: $33,168,4343.2%Air
France52.6Tonnes: 2USD per tonne: $34,430,7352.8%Land
Japan49.9Tonnes: 2USD per tonne: $31,294,2662.7%Air
Austria40Tonnes: 1USD per tonne: $27,928,9112.2%Land
United Arab Emirates32.7Tonnes: 1USD per tonne: $31,805,6991.8%Air
Canada22.4Tonnes: 1USD per tonne: $25,981,7381.2%Air
Costa Rica11.4Tonnes: 0USD per tonne: $108,242,2760.61%Air
Australia9.1Tonnes: 0USD per tonne: $32,347,7650.49%Air
Taiwan6.2Tonnes: 0USD per tonne: $31,633,0770.33%Air
India4.2Tonnes: 0USD per tonne: $65,047,2340.22%Air
Malaysia3.4Tonnes: 0USD per tonne: $46,319,5480.18%Air
Lebanon3.4Tonnes: 0USD per tonne: $34,007,4040.18%Air
Singapore re-exports3Tonnes: 0USD per tonne: $37,748,5700.16%Air
Norway1.8Tonnes: 0USD per tonne: $36,610,3330.09%Air

Trend

Who it sells to

Hong Kong has been its main destination since 2024

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

  • Hong Kong 0.53
  • Italy 0.34
  • United Kingdom 0.29
  • Germany 0.14
  • China 0.14

Source: CEPII BACI

Show the numbers
Partner19952024
Hong Kong0.030.53
Italy0.020.34
United Kingdom0.040.29
Germany0.080.14
China< 0.010.14

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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