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711019 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.51BRnk 813 / 4644
2023
Top Exporter | Top Importer $1.66B | $974MSouth Africa | United Kingdom
2023
Product Complexity 0.71Rnk 1260 / 4656
2022 - 2023
Export Growth (CAGR) -26.6%Rnk 4086 / 4644
2023
Share of World Trade 0.02%Rnk 813 / 4644

About

Overview This page contains the latest trade data of Platinum in semi-manufactured forms. In 2023, Platinum in semi-manufactured forms were the world's 813th most traded product, with a total trade of $4.51B. Between 2022 and 2023 the exports of Platinum in semi-manufactured forms decreased by -26.6%, from $6.14B to $4.51B. Trade in Platinum in semi-manufactured forms represent 0.02% of total world trade.

Platinum in semi-manufactured forms are a part of Platinum.

Exports In 2023 the top exporters of Platinum in semi-manufactured forms  were South Africa ($1.66B), Switzerland ($478M), United States ($371M), Japan ($361M), and United Kingdom ($352M).

Imports In 2023 the top importers of Platinum in semi-manufactured forms were United Kingdom ($974M), China ($569M), Hong Kong ($488M), Japan ($463M), and United States ($458M).

Ranking Platinum in semi-manufactured forms ranks 1260th in the Product Complexity Index (PCI).

Description Platinum is used in semi-manufactured forms for jewelry, coins, and other items.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Platinum in semi-manufactured forms. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)South Africa$1.66B
Top Destination (2023)United Kingdom$974M

In 2023 Platinum in semi-manufactured forms were the world's 813th most traded product (out of 4,644).

In 2023, the top exporters of Platinum in semi-manufactured forms were South Africa ($1.66B), Switzerland ($478M), United States ($371M), Japan ($361M), and United Kingdom ($352M).

In 2023, the top importers of Platinum in semi-manufactured forms were United Kingdom ($974M), China ($569M), Hong Kong ($488M), Japan ($463M), and United States ($458M).

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Exporters of Platinum in semi-manufactured forms (2023)
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Importers of Platinum in semi-manufactured forms (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Africa$212M
Top Destination Growth (2022 -  2023)Hong Kong$165M

Between 2022 and 2023, the exports of Platinum in semi-manufactured forms grew the fastest in South Africa ($212M), Russia ($50.5M), Hong Kong ($42.4M), Costa Rica ($33.1M), and China ($17.9M).

Between 2022 and 2023, the fastest growing importers of Platinum in semi-manufactured forms were Hong Kong ($165M), China ($53.9M), France ($36.3M), Germany ($27.9M), and Russia ($11M).

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Exporters of Platinum in semi-manufactured forms (2022 - 2023)

Importers of Platinum in semi-manufactured forms (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Platinum in semi-manufactured forms.

In 2023, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Platinum in semi-manufactured forms are explained by 9 countries.

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Value of Exports in Platinum in semi-manufactured forms

Net Trade

TOP NET EXPORTER (2023)South Africa$1.66B
TOP NET IMPORTER (2023)United Kingdom$622M

This map shows which countries export or import more of Platinum in semi-manufactured forms. Each country is colored based on the difference in exports and imports of Platinum in semi-manufactured forms during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Platinum in semi-manufactured forms were South Africa ($1.66B), Switzerland ($409M), Russia ($179M), Costa Rica ($73.6M), and Chinese Taipei ($68.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Platinum in semi-manufactured forms were United Kingdom ($622M), China ($527M), Hong Kong ($381M), Italy ($324M), and Singapore ($103M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Platinum in semi-manufactured forms.
It is possible to select the main countries that export or import Platinum in semi-manufactured forms in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Platinum in semi-manufactured forms by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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