# Platinum buyer markets and demand | HS 711011 | Yugalinks

China is the largest reported buyer market in this view, with imports of $2.7B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $2.7B | +26.4% | 20 | South Africa |
| USA | $1.7B | +15.6% | 23 | South Africa |
| India | $1.6B | +80.1% | 20 | United Arab Emirates |
| Japan | $1.2B | +13.4% | 22 | South Africa |
| United Kingdom | $1.1B | +0.9% | 26 | South Africa |
| Germany | $1.0B | -0.7% | 77 | South Africa |
| China, Hong Kong Special Administrative Region | $932.6M | +15.1% | 21 | United Kingdom |
| Switzerland, Liechtenstein | $616.0M | +7.2% | 31 | Italy |
| Italy | $588.9M | +14.8% | 30 | USA |
| The former Yugoslav Republic of Macedonia | $472.3M | -5.9% | 2 | United Kingdom |
| Republic of Korea | $333.5M | +41.7% | 11 | South Africa |
| Belgium | $197.9M | +8% | 20 | Germany |
| Armenia | $156.6M | +446.4% | 1 | Russia |
| Poland | $148.7M | +23.1% | 8 | United Kingdom |
| Ireland | $109.4M | +6.8% | 13 | United Kingdom |
| Brazil | $99.9M | +3.1% | 9 | Germany |
| United Arab Emirates | $71.8M | +74.2% | 15 | United Kingdom |
| Canada | $53.1M | +20.7% | 12 | USA |
| Taiwan | $49.6M | +34.4% | 10 | China, Hong Kong Special Administrative Region |
| Austria | $48.3M | +23.4% | 26 | Switzerland, Liechtenstein |
| France | $41.0M | +7.8% | 17 | Italy |
| Argentina | $31.9M | -1.5% | 6 | Belgium |
| Spain | $30.8M | +17.2% | 10 | United Kingdom |
| Netherlands | $17.1M | +24.2% | 24 | Italy |
| Norway | $17.0M | +41% | 6 | Germany |
| Thailand | $16.1M | +26.3% | 9 | Japan |
| South Africa | $13.8M | -19.6% | 7 | USA |
| Australia | $13.1M | +8.7% | 10 | USA |
| Czechia | $12.0M | -4.9% | 10 | Germany |
| Uganda | $9.7M | +174.9% | 1 | Zimbabwe |
| Iraq | $9.2M | +24.7% | 1 | United Arab Emirates |
| Viet Nam | $8.6M | +4.9% | 5 | Japan |
| Sudan | $6.5M | 0% | 1 | Uzbekistan |
| Singapore | $5.2M | -9.8% | 14 | USA |
| Dominican Republic | $5.1M | +21.3% | 1 | USA |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $2.8B | $35,613,384.16 |
| USA | 2023 | $1.4B | $27,411,310.43 |
| China, Hong Kong Special Administrative Region | 2023 | $1.3B | $27,087,206.11 |
| Japan | 2023 | $1.2B | $26,314,164.64 |
| United Kingdom | 2023 | $1.2B | $28,852,636.49 |
| Germany | 2023 | $1.0B | $27,480,404.5 |
| Switzerland, Liechtenstein | 2023 | $619.9M | $27,748,094.14 |
| Italy | 2023 | $560.6M | $31,615,464.19 |
| The former Yugoslav Republic of Macedonia | 2023 | $457.6M | $32,027,932.61 |
| Poland | 2023 | $264.0M | $15,251,724.71 |
| Republic of Korea | 2023 | $248.9M | $32,658,414.12 |
| Belgium | 2023 | $223.0M | $42,563,231.68 |
| Ireland | 2023 | $119.2M | $34,014,443.05 |
| South Africa | 2023 | $102.8M | $27,951,698.29 |
| Armenia | 2023 | $76.7M | $28,514,335.07 |
| India | 2023 | $51.3M | $12,847,835.25 |
| Canada | 2023 | $44.7M | $31,131,245.3 |
| United Arab Emirates | 2023 | $40.6M | $30,241,834.58 |
| Austria | 2023 | $38.4M | $35,922,299.35 |
| Brazil | 2023 | $37.5M | $40,814,368.88 |

_Source: reported merchandise trade data. Updated 2026-08-14._