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Who buys the United States’ platinum-group metals? Export destinations 2024

In 2024, the United States exported $2.5 billion of platinum-group metals (126 tonnes), 5.6% of the world total. Its main destinations were Switzerland (22%), Germany (17%) and Italy (12%). The United States was the world’s 5th-largest exporter of platinum-group metals.

Summary

Value
$2.5billion
Tonnes
126tonnes
Share of world total
5.6%
World rank
5th
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
Switzerland560Tonnes: 27USD per tonne: $20,374,42322%Air
Germany431Tonnes: 13USD per tonne: $34,080,85016.9%Air
Italy316Tonnes: 13USD per tonne: $24,222,97212.4%Air
Hong Kong re-exports298Tonnes: 4USD per tonne: $74,387,26711.7%Air
Japan195Tonnes: 3USD per tonne: $56,655,4647.7%Air
Canada164Tonnes: 7USD per tonne: $23,537,3996.4%Land
United Kingdom101Tonnes: 3USD per tonne: $33,246,3654%Air
China100Tonnes: 3USD per tonne: $34,456,7423.9%Air
Brazil96.6Tonnes: 2USD per tonne: $39,370,5723.8%Air
Taiwan52.8Tonnes: 2USD per tonne: $26,087,3042.1%Air
Mexico42.9Tonnes: 34USD per tonne: $1,276,8461.7%Land
Ireland32.1Tonnes: 2USD per tonne: $14,470,9561.3%Air
France27.5Tonnes: 3USD per tonne: $7,883,9241.1%Air
South Korea24.5Tonnes: 1USD per tonne: $26,137,3390.96%Air
Australia20.9Tonnes: 1USD per tonne: $28,371,6810.82%Air
Belgium re-exports17Tonnes: 0USD per tonne: $49,767,3140.67%Air
India14.4Tonnes: 1USD per tonne: $21,784,9330.56%Air
Singapore re-exports11.1Tonnes: 0USD per tonne: $29,794,2660.44%Air
Finland6.4Tonnes: 0USD per tonne: $29,562,4260.25%Air
Israel5.3Tonnes: 0USD per tonne: $32,445,8050.21%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 0.56
  • Germany 0.43
  • Italy 0.32
  • Hong Kong 0.3
  • Japan 0.19

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland0.060.56
Germany0.060.43
Italy0.020.32
Hong Kong< 0.010.3
Japan0.110.19

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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