Overview This page contains the latest trade data of Platinum. In 2021, Platinum were the world's 35th most traded product, with a total trade of $90.5B. Between 2020 and 2021 the exports of Platinum grew by 43.8%, from $62.9B to $90.5B. Trade in Platinum represent 0.0043% of total world trade.
Platinum are a part of Precious stones, metals, & pearls. They include Platinum unwrought or in powder form, Palladium unwrought or in powder form, Platinum in semi-manufactured forms, Rhodium unwrought or in powder form, Palladium in semi-manufactured forms, Iridium, osmium and ruthenium unwrought or powder for, Rhodium in semi-manufactured forms, and Iridium, osmium and ruthenium, semi-manufactured.
Exports In 2021 the top exporters of Platinum were South Africa ($24.5B), United Kingdom ($12.5B), Russia ($12B), United States ($10.3B), and Germany ($7.72B).
Imports In 2021 the top importers of Platinum were United States ($18.4B), United Kingdom ($12.8B), Germany ($12.2B), Japan ($10.6B), and China ($6.95B).
Tariffs In 2018 the average tariff for Platinum was 5.03%, making it the 830th lowest tariff using the HS4 product classification.
Ranking Platinum ranks 348th in the Product Complexity Index (PCI).
Description Platinum is a precious metal that is used in the production of jewelry, electrical contacts, and other products. Platinum is also used in the production of catalytic converters for automobiles.