711019 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Platinum in semi-manufactured forms. In 2022, Platinum in semi-manufactured forms were the world's 553rd most traded product, with a total trade of $7.04B. Between 2021 and 2022 the exports of Platinum in semi-manufactured forms decreased by -20.7%, from $8.88B to $7.04B. Trade in Platinum in semi-manufactured forms represent 0.03% of total world trade.

Platinum in semi-manufactured forms are a part of Platinum.

Exports In 2022 the top exporters of Platinum in semi-manufactured forms  were South Africa ($1.89B), United Kingdom ($1.47B), United Arab Emirates ($989M), Switzerland ($504M), and Germany ($436M).

Imports In 2022 the top importers of Platinum in semi-manufactured forms were India ($1.05B), United Kingdom ($1.02B), United States ($907M), Hong Kong ($892M), and China ($577M).

Ranking Platinum in semi-manufactured forms ranks 1356th in the Product Complexity Index (PCI).

Description Platinum is used in semi-manufactured forms for jewelry, coins, and other items.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Platinum in semi-manufactured forms. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)South Africa$1.89B
Top Destination (2022)India$1.05B

In 2022 Platinum in semi-manufactured forms were the world's 553rd most traded product (out of 4,648).

In 2022, the top exporters of Platinum in semi-manufactured forms were South Africa ($1.89B), United Kingdom ($1.47B), United Arab Emirates ($989M), Switzerland ($504M), and Germany ($436M).

In 2022, the top importers of Platinum in semi-manufactured forms were India ($1.05B), United Kingdom ($1.02B), United States ($907M), Hong Kong ($892M), and China ($577M).

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Exporters of Platinum in semi-manufactured forms (2022)
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Importers of Platinum in semi-manufactured forms (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$981M
Top Destination Growth (2021 -  2022)India$986M

Between 2021 and 2022, the exports of Platinum in semi-manufactured forms grew the fastest in United Arab Emirates ($981M), Singapore ($53.6M), Austria ($49.9M), China ($21.3M), and Turkey ($11.1M).

Between 2021 and 2022, the fastest growing importers of Platinum in semi-manufactured forms were India ($986M), Italy ($44M), Australia ($41.5M), Singapore ($36.3M), and Egypt ($21.3M).

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Exporters of Platinum in semi-manufactured forms (2021 - 2022)

Importers of Platinum in semi-manufactured forms (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Platinum in semi-manufactured forms.

In 2022, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Platinum in semi-manufactured forms are explained by 9 countries.

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Value of Exports in Platinum in semi-manufactured forms

Net Trade

TOP NET EXPORTER (2022)South Africa$1.88B
TOP NET IMPORTER (2022)India$1.03B

This map shows which countries export or import more of Platinum in semi-manufactured forms. Each country is colored based on the difference in exports and imports of Platinum in semi-manufactured forms during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Platinum in semi-manufactured forms were South Africa ($1.88B), United Arab Emirates ($955M), United Kingdom ($456M), Switzerland ($200M), and Russia ($139M).

In 2022, the countries that had a largest trade value in imports than in exports of Platinum in semi-manufactured forms were India ($1.03B), Hong Kong ($825M), China ($554M), United States ($483M), and Italy ($265M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Platinum in semi-manufactured forms.
It is possible to select the main countries that export or import Platinum in semi-manufactured forms in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Platinum in semi-manufactured forms by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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