# HS 711011 Platinum global trade data overview | Yugalinks

Reported global trade in platinum, unwrought or in powder form reached $13.6B in 2024, with five-year annual growth of +13.9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $12.7B | -10.9% | -6.8% |
| 2014 | $10.8B | -15.5% | -16.8% |
| 2015 | $9.3B | -13.2% | -13.2% |
| 2016 | $8.4B | -10.2% | -13% |
| 2017 | $9.1B | +8.1% | -5.6% |
| 2018 | $8.7B | -4% | -2.3% |
| 2019 | $7.1B | -18.6% | -5.5% |
| 2020 | $8.5B | +19.8% | -2.2% |
| 2021 | $11.5B | +35.7% | +9.8% |
| 2022 | $12.2B | +5.8% | +19.8% |
| 2023 | $12.1B | -0.6% | +12.6% |
| 2024 | $13.6B | +12.1% | +5.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $2.7B | +26.4% | 20 |
| USA | $1.7B | +15.6% | 23 |
| India | $1.6B | +80.1% | 20 |
| Japan | $1.2B | +13.4% | 22 |
| United Kingdom | $1.1B | +0.9% | 26 |
| Germany | $1.0B | -0.7% | 77 |
| China, Hong Kong Special Administrative Region | $932.6M | +15.1% | 21 |
| Switzerland, Liechtenstein | $616.0M | +7.2% | 31 |
| Italy | $588.9M | +14.8% | 30 |
| The former Yugoslav Republic of Macedonia | $472.3M | -5.9% | 2 |
| Republic of Korea | $333.5M | +41.7% | 11 |
| Belgium | $197.9M | +8% | 20 |

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