2023
Exports
$3.96BWorld Rnk 4 / 110
Flag Rnk 15 / 1216
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$5.28BWorld Rnk 5 / 146
Flag Rnk 17 / 1214
2023
ECONOMIC COMPLEXITY of United Kingdom
1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $3.96B in Platinum, making it the 4th largest exporter of Platinum in the world. At the same year, Platinum was the 15th most exported product in United Kingdom. The main destination of Platinum exports from United Kingdom are: North Macedonia ($1.14B), Hong Kong ($467M), Germany ($386M), United States ($356M), and Poland ($278M).

The fastest growing export markets for Platinum of United Kingdom between 2022 and 2023 were Czechia ($89.3M), Ireland ($48.8M), and Poland ($11.3M).

Imports In 2023, United Kingdom imported $5.28B in Platinum, becoming the 5th largest importer of Platinum in the world. At the same year, Platinum was the 17th most imported product in United Kingdom. United Kingdom imports Platinum primarily from: South Africa ($2.87B), Belgium ($665M), Italy ($442M), Germany ($286M), and Japan ($218M).

The fastest growing import markets in Platinum for United Kingdom between 2022 and 2023 were China ($14M), Singapore ($7.72M), and Netherlands ($2.73M).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Platinum from United Kingdom to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-219M(-40.5%)
IMPORT GROWTH (November 2023 - November 2024)£112M(42.4%)
MAIN EXPORTER (November 2024)London Heathrow Airport£461M
MAIN DESTINATION (November 2024)North Macedonia£69.6M

This section shows Platinum's exports and imports data at subnational level for United Kingdom. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.96B
IMPORTS (2023)$5.28B
NET TRADE (2023)-$1.32B

In 2023, United Kingdom exported $3.96B in Platinum. The main destinations of United Kingdom exports on Platinum were North Macedonia ($1.14B), Hong Kong ($467M), Germany ($386M), United States ($356M), and Poland ($278M).

In 2023, United Kingdom imported $5.28B in Platinum, mainly from South Africa ($2.87B), Belgium ($665M), Italy ($442M), Germany ($286M), and Japan ($218M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Czechia$89.3M (6.17k%)
Ireland$48.8M (32%)
Poland$11.3M (4.22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY United Kingdom WERE (2022 - 2023):
Hong Kong-$545M (-53.8%)
Germany-$353M (-47.8%)
China-$279M (-56.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Platinum were:
In 2023, United Kingdom's main importing competitors in Platinum were:

Explore Visualizations

Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $188M
TOP IMPORT POTENTIALGermany+ $134M

Platinum’s highest export potential is United States. With an export gap of $188M.   Platinum’s highest import potential is Germany with an import gap of $134M.

See methodology.

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