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711031 (Harmonized System 1992 for 6-digit)

2022
World Trade $21.1BRnk 159 / 4648
2022
Top Exporter | Top Importer $6.78B | $6BSouth Africa | United States
2022
Product Complexity 0.94Rnk 865 / 4653
2021 - 2022
Export Growth (CAGR) -32.7%Rnk 4472 / 4648
2022
Share of World Trade 0.089%Rnk 159 / 4648

About

Overview This page contains the latest trade data of Rhodium unwrought or in powder form. In 2022, Rhodium unwrought or in powder form were the world's 159th most traded product, with a total trade of $21.1B. Between 2021 and 2022 the exports of Rhodium unwrought or in powder form decreased by -32.7%, from $31.4B to $21.1B. Trade in Rhodium unwrought or in powder form represent 0.089% of total world trade.

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

Exports In 2022 the top exporters of Rhodium unwrought or in powder form  were South Africa ($6.78B), Germany ($3.85B), Belgium ($2.63B), United States ($2.61B), and United Kingdom ($1.6B).

Imports In 2022 the top importers of Rhodium unwrought or in powder form were United States ($6B), Japan ($3.44B), Germany ($3.28B), China ($2.07B), and United Kingdom ($2.02B).

Ranking Rhodium unwrought or in powder form ranks 865th in the Product Complexity Index (PCI).

Description Rhodium is used in the making of chemical catalysts for the refining of petroleum. It is also used in the making of jewelry.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Rhodium 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)South Africa$6.78B
Top Destination (2022)United States$6B

In 2022 Rhodium unwrought or in powder form were the world's 159th most traded product (out of 4,648).

In 2022, the top exporters of Rhodium unwrought or in powder form were South Africa ($6.78B), Germany ($3.85B), Belgium ($2.63B), United States ($2.61B), and United Kingdom ($1.6B).

In 2022, the top importers of Rhodium unwrought or in powder form were United States ($6B), Japan ($3.44B), Germany ($3.28B), China ($2.07B), and United Kingdom ($2.02B).

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

Color
Top Origin Growth (2021 -  2022)Japan$143M
Top Destination Growth (2021 -  2022)Ireland$283M

Between 2021 and 2022, the exports of Rhodium unwrought or in powder form grew the fastest in Japan ($143M), Sweden ($35.4M), Poland ($30.7M), Kenya ($3.27M), and Finland ($2.14M).

Between 2021 and 2022, the fastest growing importers of Rhodium unwrought or in powder form were Ireland ($283M), Argentina ($8.71M), Portugal ($8.08M), Turkey ($2.34M), and Armenia ($833k).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Rhodium unwrought or in powder form are explained by 7 countries.

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Value of Exports in Rhodium unwrought or in powder form

Net Trade

TOP NET EXPORTER (2022)South Africa$6.77B
TOP NET IMPORTER (2022)United States$3.39B

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

In 2022, the countries that had a largest trade value in exports than in imports of Rhodium unwrought or in powder form were South Africa ($6.77B), Belgium ($2.36B), Russia ($1.07B), Germany ($572M), and Italy ($337M).

In 2022, the countries that had a largest trade value in imports than in exports of Rhodium unwrought or in powder form were United States ($3.39B), Japan ($2.94B), China ($2.07B), Hong Kong ($490M), and United Kingdom ($424M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Rhodium 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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