Platinum unwrought or in powder form in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $966M in Platinum unwrought or in powder form, making it the 3rd largest exporter of Platinum unwrought or in powder form in the world. At the same year, Platinum unwrought or in powder form was the 318th most exported product in United States. The main destination of Platinum unwrought or in powder form exports from United States are: Italy ($206M), Japan ($179M), Switzerland ($178M), Germany ($140M), and Hong Kong ($73.5M).

The fastest growing export markets for Platinum unwrought or in powder form of United States between 2021 and 2022 were Japan ($102M), Italy ($50.4M), and Hong Kong ($45.9M).

Imports In 2022, United States imported $1.54B in Platinum unwrought or in powder form, becoming the 2nd largest importer of Platinum unwrought or in powder form in the world. At the same year, Platinum unwrought or in powder form was the 334th most imported product in United States. United States imports Platinum unwrought or in powder form primarily from: South Africa ($528M), United Kingdom ($249M), Belgium ($183M), Italy ($144M), and Germany ($114M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Platinum unwrought or in powder form to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Platinum unwrought or in powder form exports accounted up to $39.5M and imports accounted up to $193M, resulting in a negative trade balance of $154M. Between August 2023 and August 2024 the exports of United States' Platinum unwrought or in powder form have decreased by $-5.38M (-12%) from $44.9M to $39.5M, while imports increased by $32.1M (19.9%) from $161M to $193M.

Destinations In August 2024, Platinum unwrought or in powder form were exported mostly to Italy ($16.8M), Japan ($9.34M), South Korea ($4.6M), Canada ($3.83M), and Brazil ($1.27M), and were imported mostly from South Africa ($145M), Belgium ($18.6M), Germany ($6.4M), South Korea ($5.17M), and Japan ($4.66M).

Growth In August 2024, the decrease in Platinum unwrought or in powder form's year-by-year exports was explained primarily by a decrease in exports to Japan ($-36.2M or -69%), United Kingdom ($-1.98M or -99.2%), and India ($-1.97M or -98.2%). In August 2024, the increase in Platinum unwrought or in powder form's year-by-year imports was explained primarily by an increase in imports from South Africa ($30.3M or 115%), Germany ($6.65M or 209%), and South Korea ($5.5M or 280%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)$-5.38M(-12%)

IMPORT GROWTH (August 2023 - August 2024)$32.1M(19.9%)

MAIN DESTINATION (August 2024)Italy$16.8M

This section shows Platinum unwrought or in powder form's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Platinum unwrought or in powder form over time.

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