711021 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Palladium unwrought or in powder form. In 2022, Palladium unwrought or in powder form were the world's 128th most traded product, with a total trade of $24.5B. Between 2021 and 2022 the exports of Palladium unwrought or in powder form decreased by -11.7%, from $27.8B to $24.5B. Trade in Palladium unwrought or in powder form represent 0.1% of total world trade.

Palladium unwrought or in powder form are a part of Platinum.

Exports In 2022 the top exporters of Palladium unwrought or in powder form  were Russia ($4.99B), South Africa ($4.14B), United States ($3.38B), United Kingdom ($3.14B), and Italy ($2.27B).

Imports In 2022 the top importers of Palladium unwrought or in powder form were Germany ($4.01B), Japan ($3.62B), United States ($3.51B), United Kingdom ($2.55B), and Italy ($1.76B).

Ranking Palladium unwrought or in powder form ranks 843rd in the Product Complexity Index (PCI).

Description Palladium, a silver-white metal, is used in electrical contacts, medical equipment, and jewelry.

Latest Data

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The following visualization shows the latest trends on Palladium unwrought or in powder form. 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 (2022)Russia$4.99B
Top Destination (2022)Germany$4.01B

In 2022 Palladium unwrought or in powder form were the world's 128th most traded product (out of 4,648).

In 2022, the top exporters of Palladium unwrought or in powder form were Russia ($4.99B), South Africa ($4.14B), United States ($3.38B), United Kingdom ($3.14B), and Italy ($2.27B).

In 2022, the top importers of Palladium unwrought or in powder form were Germany ($4.01B), Japan ($3.62B), United States ($3.51B), United Kingdom ($2.55B), and Italy ($1.76B).

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Exporters of Palladium unwrought or in powder form (2022)
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Importers of Palladium unwrought or in powder form (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$334M
Top Destination Growth (2021 -  2022)Canada$558M

Between 2021 and 2022, the exports of Palladium unwrought or in powder form grew the fastest in Japan ($334M), Hong Kong ($103M), United Kingdom ($92.3M), Poland ($42.8M), and France ($38.4M).

Between 2021 and 2022, the fastest growing importers of Palladium unwrought or in powder form were Canada ($558M), Ireland ($230M), North Macedonia ($58.4M), Poland ($22.7M), and Norway ($18.2M).

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Exporters of Palladium unwrought or in powder form (2021 - 2022)

Importers of Palladium unwrought or in powder form (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Palladium unwrought or in powder form.

In 2022, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Palladium unwrought or in powder form are explained by 10 countries.

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Value of Exports in Palladium unwrought or in powder form

Net Trade

TOP NET EXPORTER (2022)Russia$4.99B
TOP NET IMPORTER (2022)Germany$2.94B

This map shows which countries export or import more of Palladium unwrought or in powder form. Each country is colored based on the difference in exports and imports of Palladium unwrought or in powder form during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Palladium unwrought or in powder form were Russia ($4.99B), South Africa ($4.12B), Belgium ($1.68B), United Kingdom ($593M), and Italy ($514M).

In 2022, the countries that had a largest trade value in imports than in exports of Palladium unwrought or in powder form were Germany ($2.94B), Japan ($2.86B), China ($1.23B), Hong Kong ($826M), and Brazil ($713M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Palladium unwrought or in powder form.
It is possible to select the main countries that export or import Palladium unwrought or in powder form in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Palladium unwrought or in powder form 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 (2022)

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