2022
Exports | Imports
$7.9B | $13.2BWorld Rnk 3 / 94
Flag Rnk 41 / 1217
World Rnk 1 / 143
Flag Rnk 48 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Platinum
0.62Rnk 324 / 1025

About

Exports In 2022, United States exported $7.9B in Platinum, making it the 3rd largest exporter of Platinum in the world. At the same year, Platinum was the 41st most exported product in United States. The main destination of Platinum exports from United States are: China ($1.67B), Italy ($1.51B), Japan ($994M), Germany ($989M), and Canada ($875M).

The fastest growing export markets for Platinum of United States between 2021 and 2022 were Japan ($544M), Germany ($41.3M), and Hong Kong ($28.1M).

Imports In 2022, United States imported $13.2B in Platinum, becoming the 1st largest importer of Platinum in the world. At the same year, Platinum was the 48th most imported product in United States. United States imports Platinum primarily from: South Africa ($3.97B), Germany ($3.08B), Russia ($1.84B), Belgium ($1.1B), and United Kingdom ($1.08B).

The fastest growing import markets in Platinum for United States between 2021 and 2022 were Japan ($162M), Austria ($18.7M), and Costa Rica ($9.71M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (490), IKEA SUPPLY AG (444), and ABB MOTORS AND MECHANICAL INC (408) were at the forefront of shipping Platinum to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-263M(-36.4%)
IMPORT GROWTH (January 2023 - January 2024)$-275M(-32.4%)
MAIN EXPORTER (January 2024)New Jersey$352M
MAIN DESTINATION (January 2024)Italy$117M

This section shows Platinum'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.9B
IMPORTS (2022)$13.2B
NET TRADE (2022)-$5.28B

In 2022, United States exported $7.9B in Platinum. The main destinations of United States exports on Platinum were China ($1.67B), Italy ($1.51B), Japan ($994M), Germany ($989M), and Canada ($875M).

In 2022, United States imported $13.2B in Platinum, mainly from South Africa ($3.97B), Germany ($3.08B), Russia ($1.84B), Belgium ($1.1B), and United Kingdom ($1.08B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$544M (121%)
Germany$41.3M (4.36%)
Hong Kong$28.1M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY United States WERE (2021 - 2022):
China-$836M (-33.4%)
South Korea-$482M (-91.8%)
Switzerland-$407M (-44.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Platinum were:
In 2022, United States's main importing competitors in Platinum were:
Germany $9.66B
Japan $9.48B

Explore Visualizations

Trade Value of Platinum by Exporters

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