# HS 711029 Palladium global trade data overview | Yugalinks

Reported global trade in palladium, semi-manufactured reached $1.8B in 2024, with five-year annual growth of -5.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.6B | +16.2% | -3.3% |
| 2014 | $1.8B | +9.7% | -0.7% |
| 2015 | $1.3B | -26.9% | -2.3% |
| 2016 | $1.1B | -15% | -12% |
| 2017 | $2.1B | +90.8% | +5.9% |
| 2018 | $2.2B | +5.4% | +19.6% |
| 2019 | $2.3B | +4.4% | +28.1% |
| 2020 | $4.3B | +83.3% | +26.4% |
| 2021 | $6.5B | +52% | +42.8% |
| 2022 | $4.4B | -32.9% | +23.2% |
| 2023 | $1.6B | -63.4% | -28% |
| 2024 | $1.8B | +9.8% | -35.4% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| United Kingdom | $388.9M | +3.8% | 19 |
| France | $267.0M | +22.7% | 15 |
| USA | $207.5M | -13.1% | 21 |
| Italy | $191.0M | +14.3% | 26 |
| Switzerland, Liechtenstein | $156.6M | -9% | 16 |
| China, Hong Kong Special Administrative Region | $140.6M | +4.9% | 14 |
| Germany | $112.8M | +1.8% | 59 |
| Republic of Korea | $47.4M | +3.8% | 10 |
| Japan | $45.4M | -10.1% | 11 |
| Canada | $43.5M | -39.2% | 10 |
| China | $33.5M | +6.5% | 18 |
| Taiwan | $23.2M | -16.2% | 10 |

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