2023
Exports
$58.5MWorld Rnk 27 / 110
Flag Rnk 218 / 1208
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$84MWorld Rnk 26 / 146
Flag Rnk 365 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $58.5M in Platinum, making it the 27th largest exporter of Platinum in the world. At the same year, Platinum was the 218th most exported product in Australia. The main destination of Platinum exports from Australia are: Switzerland ($30.4M), Germany ($19M), Singapore ($3.57M), Hong Kong ($3.14M), and China ($933k).

The fastest growing export markets for Platinum of Australia between 2022 and 2023 were Switzerland ($13.5M), Germany ($8.3M), and Singapore ($3.55M).

Imports In 2023, Australia imported $84M in Platinum, becoming the 26th largest importer of Platinum in the world. At the same year, Platinum was the 365th most imported product in Australia. Australia imports Platinum primarily from: N/A.

The fastest growing import markets in Platinum for Australia between 2022 and 2023 were Hong Kong ($13.5M), Germany ($2.39M), and United States ($1.56M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Platinum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$58.5M
IMPORTS (2023)$84M
NET TRADE (2023)-$25.5M

In 2023, Australia exported $58.5M in Platinum. The main destinations of Australia exports on Platinum were Switzerland ($30.4M), Germany ($19M), Singapore ($3.57M), Hong Kong ($3.14M), and China ($933k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Switzerland$13.5M (80.4%)
Germany$8.3M (77.5%)
Singapore$3.55M (12.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Australia WERE (2022 - 2023):
United States-$1.92M (-89.5%)
New Zealand-$632k (-92.3%)
China-$482k (-34.1%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Platinum were:
In 2023, Australia's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.17M
TOP IMPORT POTENTIALSouth Africa+ $15.1M

Platinum’s highest export potential is Germany. With an export gap of $4.17M.   Platinum’s highest import potential is South Africa with an import gap of $15.1M.

See methodology.

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