# Palladium trade prices and signals | HS 711021 | Yugalinks

The featured reported corridor is Russia to USA, with a unit value of $27,784,311.49 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Russia to China, Hong Kong Special Administrative Region | $40,392,927.88 | $41,204,000 | -2% | 33.7 t |
| 2023 | Russia to USA | $45,313,786.18 | $44,628,852.46 | +1.5% | 23.8 t |
| 2023 | South Africa to Japan | $39,831,359.91 | $39,831,359.91 | 0% | 21.6 t |
| 2023 | South Africa to USA | $39,135,516.83 | $44,628,852.46 | -12.3% | 20.3 t |
| 2023 | Russia to China | $48,818,582.74 | $48,818,582.74 | 0% | 15.4 t |
| 2023 | United Kingdom to The former Yugoslav Republic of Macedonia | $44,256,962.94 | $42,527,067.23 | +4.1% | 16.4 t |
| 2023 | Belgium to Germany | $43,438,199.46 | $40,337,101.12 | +7.7% | 12.6 t |
| 2023 | South Africa to United Kingdom | $38,901,169.96 | $41,972,335.66 | -7.3% | 13.3 t |
| 2023 | Russia to Japan | $43,369,770.81 | $39,831,359.91 | +8.9% | 9.9 t |
| 2023 | USA to Germany | $50,957,180.02 | $40,337,101.12 | +26.3% | 7.7 t |
| 2023 | Italy to Germany | $46,175,596.02 | $40,337,101.12 | +14.5% | 8.5 t |
| 2023 | Russia to Italy | $48,193,451.49 | $39,810,381.58 | +21.1% | 7.4 t |
| 2023 | South Africa to China | $56,124,775.8 | $48,818,582.74 | +15% | 6.1 t |
| 2023 | United Kingdom to Germany | $53,467,621.09 | $40,337,101.12 | +32.6% | 6 t |
| 2023 | Germany to Italy | $47,424,951.13 | $39,810,381.58 | +19.1% | 6.3 t |
| 2023 | USA to Switzerland, Liechtenstein | $15,914,768.35 | $35,802,500 | -55.5% | 18.3 t |
| 2023 | Russia to Germany | $48,934,261.87 | $40,337,101.12 | +21.3% | 5.9 t |
| 2023 | Italy to Switzerland, Liechtenstein | $47,095,591.64 | $35,802,500 | +31.5% | 5.9 t |
| 2023 | Belgium to United Kingdom | $48,102,033.89 | $41,972,335.66 | +14.6% | 5.7 t |
| 2023 | France to Switzerland, Liechtenstein | $41,136,182.73 | $35,802,500 | +14.9% | 6.5 t |
| 2023 | South Africa to Germany | $32,237,963.28 | $40,337,101.12 | -20.1% | 8.2 t |
| 2023 | Italy to Poland | $44,024,799.42 | $43,700,995.64 | +0.7% | 5.6 t |
| 2023 | USA to Italy | $39,421,931.77 | $39,810,381.58 | -1% | 6.1 t |
| 2023 | South Africa to Canada | $43,598,072.75 | $43,326,722.96 | +0.6% | 5.4 t |
| 2023 | USA to Canada | $35,566,536.17 | $43,326,722.96 | -17.9% | 6.5 t |
| 2023 | South Africa to Republic of Korea | $51,669,803.46 | $45,421,905.36 | +13.8% | 4.4 t |
| 2023 | Japan to Republic of Korea | $45,332,657.85 | $45,421,905.36 | -0.2% | 4.5 t |
| 2023 | Belgium to USA | $45,077,665.34 | $44,628,852.46 | +1% | 4.5 t |
| 2023 | Norway to Republic of Korea | $45,172,299.86 | $45,421,905.36 | -0.5% | 4.4 t |
| 2023 | USA to China | $218,285,386.36 | $48,818,582.74 | +347.1% | 0.8 t |
| 2023 | United Kingdom to Poland | $43,700,995.64 | $43,700,995.64 | 0% | 3.9 t |
| 2023 | Italy to United Kingdom | $43,962,537.1 | $41,972,335.66 | +4.7% | 3.9 t |
| 2023 | United Kingdom to Ireland | $55,092,486.8 | $44,673,527.03 | +23.3% | 3 t |
| 2023 | Belgium to Brazil | $45,239,329.29 | $46,216,419.75 | -2.1% | 3.6 t |
| 2023 | Republic of Korea to USA | $43,559,273.08 | $44,628,852.46 | -2.4% | 3.6 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $187.3M | +43.4% | -18.9% |
| 2011 | $403.4M | +115.4% | -3.8% |
| 2012 | $288.4M | -28.5% | +30.2% |
| 2013 | $240.6M | -16.6% | +8.7% |
| 2014 | $166.6M | -30.8% | -25.5% |
| 2015 | $241.3M | +44.8% | -5.8% |
| 2016 | $392.7M | +62.8% | +17.7% |
| 2017 | $620.0M | +57.9% | +55% |
| 2018 | $887.4M | +43.1% | +54.4% |
| 2019 | $1.2B | +32.1% | +44% |
| 2020 | $1.4B | +17.9% | +30.6% |
| 2021 | $1.4B | -1.5% | +15.3% |
| 2022 | $1.1B | -16.5% | -1% |
| 2023 | $985.5M | -13.3% | -10.7% |
| 2024 | $877.7M | -10.9% | -13.6% |

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