# Rhodium trade prices and signals | HS 711031 | Yugalinks

The featured reported corridor is South Africa to Japan, with a unit value of $26,883,047.11 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Germany to USA | $292,766,796.29 | $258,987,531.47 | +13% | 3.9 t |
| 2023 | South Africa to Japan | $201,796,033.44 | $190,294,919.43 | +6% | 5.4 t |
| 2023 | South Africa to USA | $139,859,303.64 | $258,987,531.47 | -46% | 4.1 t |
| 2023 | South Africa to United Kingdom | $196,188,152.78 | $197,843,334.99 | -0.8% | 2.6 t |
| 2023 | Belgium to Germany | $220,301,188.28 | $212,848,000 | +3.5% | 1.8 t |
| 2023 | Russia to China, Hong Kong Special Administrative Region | $194,383,922.48 | $196,790,491.62 | -1.2% | 1.8 t |
| 2023 | USA to China | $993,766,666.67 | $225,835,806.25 | +340% | 0.3 t |
| 2023 | Belgium to USA | $222,675,960.31 | $258,987,531.47 | -14% | 1.3 t |
| 2023 | United Kingdom to USA | $213,175,317.64 | $258,987,531.47 | -17.7% | 1.3 t |
| 2023 | United Kingdom to Germany | $264,456,183.67 | $212,848,000 | +24.2% | 1.1 t |
| 2023 | South Africa to Italy | $278,915,976.12 | $144,441,785.71 | +93.1% | 1 t |
| 2023 | Russia to China | $209,798,600.33 | $225,835,806.25 | -7.1% | 1.2 t |
| 2023 | Italy to Germany | $219,585,966.49 | $212,848,000 | +3.2% | 1.1 t |
| 2023 | USA to Germany | $264,044,995.07 | $212,848,000 | +24.1% | 0.8 t |
| 2023 | Belgium to United Kingdom | $237,186,067.7 | $197,843,334.99 | +19.9% | 0.8 t |
| 2023 | Germany to Japan | $202,956,855.25 | $190,294,919.43 | +6.7% | 0.9 t |
| 2023 | South Africa to Canada | $225,738,520.83 | $245,699,892.86 | -8.1% | 0.8 t |
| 2023 | Italy to Poland | $225,171,417.67 | $225,171,417.67 | 0% | 0.7 t |
| 2023 | South Africa to Germany | $129,069,248.03 | $212,848,000 | -39.4% | 1.3 t |
| 2023 | South Africa to Republic of Korea | $191,416,997.05 | $242,921,526.48 | -21.2% | 0.7 t |
| 2023 | Germany to China | $242,684,718.45 | $225,835,806.25 | +7.5% | 0.5 t |
| 2023 | Italy to USA | $258,987,531.47 | $258,987,531.47 | 0% | 0.4 t |
| 2023 | USA to Canada | $630,607,597.7 | $245,699,892.86 | +156.7% | 0.2 t |
| 2023 | Italy to China | $291,796,767.57 | $225,835,806.25 | +29.2% | 0.4 t |
| 2023 | USA to Italy | $194,854,385.07 | $144,441,785.71 | +34.9% | 0.5 t |
| 2023 | United Kingdom to Ireland | $290,852,171.78 | $233,453,933.82 | +24.6% | 0.3 t |
| 2023 | South Africa to China, Hong Kong Special Administrative Region | $162,132,388.59 | $196,790,491.62 | -17.6% | 0.6 t |
| 2023 | Republic of Korea to USA | $265,133,798.14 | $258,987,531.47 | +2.4% | 0.3 t |
| 2023 | Germany to United Kingdom | $197,843,334.99 | $197,843,334.99 | 0% | 0.4 t |
| 2023 | Italy to United Kingdom | $221,025,690.81 | $197,843,334.99 | +11.7% | 0.4 t |
| 2023 | Japan to Republic of Korea | $242,921,526.48 | $242,921,526.48 | 0% | 0.3 t |
| 2023 | Russia to Italy | $186,135,300 | $144,441,785.71 | +28.9% | 0.4 t |
| 2023 | USA to China, Hong Kong Special Administrative Region | $196,790,491.62 | $196,790,491.62 | 0% | 0.4 t |
| 2023 | Belgium to Canada | $264,280,019.01 | $245,699,892.86 | +7.6% | 0.3 t |
| 2023 | Germany to Brazil | $549,230,479.67 | $202,716,972.97 | +170.9% | 0.1 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $378.2M | +62% | -20.8% |
| 2011 | $277.8M | -26.6% | -33.9% |
| 2012 | $109.6M | -60.5% | -22.3% |
| 2013 | $89.0M | -18.8% | -38.3% |
| 2014 | $76.7M | -13.8% | -34.9% |
| 2015 | $80.3M | +4.6% | -9.9% |
| 2016 | $98.5M | +22.7% | +3.5% |
| 2017 | $171.6M | +74.2% | +30.8% |
| 2018 | $364.8M | +112.6% | +65.6% |
| 2019 | $533.9M | +46.3% | +75.6% |
| 2020 | $1.3B | +140.9% | +95.7% |
| 2021 | $3.4B | +168% | +111.4% |
| 2022 | $2.9B | -14.7% | +76.6% |
| 2023 | $1.2B | -58.5% | -1.7% |
| 2024 | $701.9M | -42.5% | -41.2% |

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