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711039 (Harmonized System 1992 for 6-digit)

2023
World Trade $382MRnk 3114 / 4644
2023
Top Exporter | Top Importer $329M | $122MSouth Africa | United Kingdom
2023
Product Complexity 1.28Rnk 353 / 4656
2022 - 2023
Export Growth (CAGR) -45.4%Rnk 4499 / 4644
2023
Share of World Trade 0.0017%Rnk 3114 / 4644

About

Overview This page contains the latest trade data of Rhodium in semi-manufactured forms. In 2023, Rhodium in semi-manufactured forms were the world's 3114th most traded product, with a total trade of $382M. Between 2022 and 2023 the exports of Rhodium in semi-manufactured forms decreased by -45.4%, from $700M to $382M. Trade in Rhodium in semi-manufactured forms represent 0.0017% of total world trade.

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

Exports In 2023 the top exporters of Rhodium in semi-manufactured forms  were South Africa ($329M), Germany ($13.5M), United Kingdom ($11.2M), Italy ($8.64M), and Belgium ($7.07M).

Imports In 2023 the top importers of Rhodium in semi-manufactured forms were United Kingdom ($122M), Germany ($117M), Japan ($89.7M), Canada ($18.2M), and United States ($7.03M).

Ranking Rhodium in semi-manufactured forms ranks 353rd in the Product Complexity Index (PCI).

Description Rhodium is a grey-white metal that is very corrosion resistant, making it a great option for electronics and jewelry. It is also a great catalyst for chemical reactions, which makes it useful in fuel cells and in catalytic converters.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rhodium 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$329M
Top Destination (2023)United Kingdom$122M

In 2023 Rhodium in semi-manufactured forms were the world's 3114th most traded product (out of 4,644).

In 2023, the top exporters of Rhodium in semi-manufactured forms were South Africa ($329M), Germany ($13.5M), United Kingdom ($11.2M), Italy ($8.64M), and Belgium ($7.07M).

In 2023, the top importers of Rhodium in semi-manufactured forms were United Kingdom ($122M), Germany ($117M), Japan ($89.7M), Canada ($18.2M), and United States ($7.03M).

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

Color
Top Origin Growth (2022 -  2023)Spain$347k
Top Destination Growth (2022 -  2023)United Kingdom$111M

Between 2022 and 2023, the exports of Rhodium in semi-manufactured forms grew the fastest in Spain ($347k), Mexico ($33.6k), Portugal ($16.7k), Slovenia ($9.95k), and Denmark ($4.97k).

Between 2022 and 2023, the fastest growing importers of Rhodium in semi-manufactured forms were United Kingdom ($111M), Australia ($726k), New Zealand ($681k), Philippines ($343k), and Turkey ($302k).

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 1.01. This means that most of the exports of Rhodium in semi-manufactured forms are explained by 2 countries.

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Value of Exports in Rhodium in semi-manufactured forms

Net Trade

TOP NET EXPORTER (2023)South Africa$329M
TOP NET IMPORTER (2023)United Kingdom$111M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rhodium in semi-manufactured forms were South Africa ($329M), Belgium ($6.97M), Italy ($5.9M), Sweden ($525k), and Poland ($524k).

In 2023, the countries that had a largest trade value in imports than in exports of Rhodium in semi-manufactured forms were United Kingdom ($111M), Germany ($104M), Japan ($86.9M), Canada ($18.1M), and India ($3.81M).

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 Rhodium in semi-manufactured forms.
It is possible to select the main countries that export or import Rhodium in semi-manufactured forms in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rhodium 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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