2021
Exports | Imports
$12.5B | $12.8BWorld Rnk 2 / 93
Flag Rnk 6 / 1216
World Rnk 2 / 140
Flag Rnk 8 / 1213
2021
ECONOMIC COMPLEXITY of United Kingdom
1.43Rnk 11 / 131
2021
PRODUCT COMPLEXITY IN Platinum
0.57Rnk 334 / 1024

About

Exports In 2021, United Kingdom exported $12.5B in Platinum, making it the 2nd largest exporter of Platinum in the world. At the same year, Platinum was the 6th most exported product in United Kingdom. The main destination of Platinum exports from United Kingdom are: Hong Kong ($2.18B), Germany ($1.9B), United States ($1.54B), Japan ($1.44B), and North Macedonia ($1.38B).

The fastest growing export markets for Platinum of United Kingdom between 2020 and 2021 were Japan ($582M), United States ($572M), and Hong Kong ($438M).

Imports In 2021, United Kingdom imported $12.8B in Platinum, becoming the 2nd largest importer of Platinum in the world. At the same year, Platinum was the 8th most imported product in United Kingdom. United Kingdom imports Platinum primarily from: South Africa ($4.34B), Russia ($3.43B), Belgium ($1.16B), United States ($794M), and Germany ($751M).

The fastest growing import markets in Platinum for United Kingdom between 2020 and 2021 were South Africa ($2.47B), South Korea ($288M), and Belgium ($138M).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)£100M(22.7%)
IMPORT GROWTH (November 2022 - November 2023)£-170M(-39.2%)
MAIN EXPORTER (November 2023)London Heathrow Airport£451M
MAIN DESTINATION (November 2023)United States£152M

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 (2021)$12.5B
IMPORTS (2021)$12.8B
NET TRADE (2021)-$287M

In 2021, United Kingdom exported $12.5B in Platinum. The main destinations of United Kingdom exports on Platinum were Hong Kong ($2.18B), Germany ($1.9B), United States ($1.54B), Japan ($1.44B), and North Macedonia ($1.38B).

In 2021, United Kingdom imported $12.8B in Platinum, mainly from South Africa ($4.34B), Russia ($3.43B), Belgium ($1.16B), United States ($794M), and Germany ($751M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR United Kingdom WERE (2020 - 2021):
Japan$582M (67.7%)
United States$572M (59.2%)
Hong Kong$438M (25.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY United Kingdom WERE (2020 - 2021):
China-$107M (-7.92%)
Australia-$62.6M (-67.4%)
Malaysia-$32.6M (-69.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, United Kingdom's main exporting competitors in Platinum were:
In 2021, United Kingdom's main importing competitors in Platinum were:

Explore Visualizations

Trade Value of Platinum by Exporters

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