How much palladium does United Kingdom export?
It is the 3rd largest exporter by value: $1.4 billion in 2024, 11% of world exports of unwrought palladium (HS 711021) (CEPII BACI). Its biggest customer is North Macedonia, which takes 41% of its palladium exports by value.
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United Kingdom's palladium exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 3 | $1.4 billion | 11% | 38.7 t | $35,598,510 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 711021 (Palladium, unwrought or in powder form).
Where United Kingdom's palladium goes
| Destination | Value | Share of United Kingdom's exports |
|---|---|---|
| North Macedonia | $568M | 41% |
| Germany | $284M | 21% |
| Japan | $137M | 9.9% |
| India | $71M | 5.2% |
| Poland | $70M | 5.1% |
United Kingdom as a buyer of palladium
United Kingdom imported $956.1 million of unwrought palladium (HS 711021) in 2024, 7.3% of world imports, ranked #5. Of its $956.1 million of palladium imports in 2024, 41% came from South Africa and 17% from Belgium, among 21 suppliers. Largest sources: South Africa (41%), Belgium (17%), Italy (15%), Norway (13%), Switzerland (4.5%).
The palladium price United Kingdom sells into
The benchmark price, Palladium, spot, was $1,348/troy oz in August 2026, up 19% over twelve months. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Palladium price history.
Cite as: Commodity Origins, "United Kingdom palladium: production, exports and prices", https://commodityorigins.com/countries/GBR/palladium/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.