Global platinum exports from all countries reached a total of US$72.45 billion in 2022. This marks a significant 124.2% increase in value for all platinum-exporting nations compared to 2018, when platinum exports were valued at $32.3 billion. However, year-over-year, the global platinum exports value dropped by 20.1% from the $90.6 billion recorded in 2021.

The top five platinum exporters in 2022 were South Africa, the United States, the United Kingdom, Russia, and Germany. Combined, these countries were responsible for 69.6% of the world's total platinum exports that year.

In terms of continental distribution, European countries led the global platinum exports market, with shipments valued at $36.8 billion, representing 50.8% of the total. Africa followed, contributing 23.1%, while North America accounted for 14.4%. Asian suppliers provided another 11.6% of worldwide platinum exports.

Smaller portions came from Latin America (0.1%, excluding Mexico but including the Caribbean) and Oceania, mainly Australia and New Zealand (0.03%).

For trade data and research purposes, the Harmonized Tariff System (HTS) code for unwrought or semi-manufactured platinum exports is 7110, which also includes palladium, rhodium, iridium, osmium, and ruthenium.

Platinum Exports by Country (2022)

1.South Africa: US$16.7 billion (23.1% of total platinum exports)

2.United States: $10 billion (13.8%)

3.United Kingdom: $9.5 billion (13.1%)

4.Russia: $7.2 billion (9.9%)

5.Germany: $7 billion (9.7%)

6.Belgium: $5.1 billion (7%)

7.Italy: $4.8 billion (6.6%)

8.Hong Kong: $3.1 billion (4.2%)

9.Japan: $2.2 billion (3.1%)

10.Switzerland: $2 billion (2.7%)

11.United Arab Emirates: $1.2 billion (1.7%)

12.South Korea: $898.4 million (1.2%)

13.Norway: $557.4 million (0.8%)

14.Taiwan: $492.1 million (0.7%)

15.Canada: $393 million (0.5%)

Together, these 15 nations accounted for 98.1% of the global platinum exports in 2022.

Some of the fastest-growing platinum exporters between 2021 and 2022 included the United Arab Emirates, which saw an astonishing 2,058% rise, as well as Japan with a 22.7% increase. However, many major platinum exporters saw declines, including South Korea (-32.3%), the United Kingdom (-30.5%), South Africa (-27.7%), Canada (-25.4%), and the United States (-23.9%).

Major Platinum Exporting Companies（2023）

Here are some of the top companies involved in global platinum exports from Tendata:

1.Bullion Refinery Limited: 12.74%, $690.46 million

2.Societe des Mines d'Ity: 11.6%, $628.77 million

3.Perseus Mining Yaouré: 10.12%, $548.36 million

4.Societe des Mines de Tongon: 7.51%, $406.63 million

5.Zimbabwe Platinum Mines (PVT) Ltd: 6.48%, $351.25 million

6.Metal Testing and Smelting Co Ltd: 6.16%, $333.66 million

7.Aurnish Trading Ltd: 4.25%, $230.28 million

8.Balmer Lawrie Van Leer Limited: 3.96%, $214.35 million

9.Bonikro Gold Mine: 3.63%, $196.42 million

10.MCT Cards and Technology Pvt Ltd: 3.31%, $179.41 million

These companies play a significant role in shaping the global platinum exports market.

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