How much platinum does United Kingdom export?
It is the 2nd largest exporter by value: $1.6 billion in 2024, 11% of world exports of unwrought platinum (HS 711011) (CEPII BACI). Its biggest customer is North Macedonia, which takes 30% of its platinum exports by value.
All about platinum · All about United Kingdom · Platinum price history
United Kingdom's platinum exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $1.6 billion | 11% | 45.4 t | $34,837,305 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 711011 (Platinum, unwrought or in powder form).
Where United Kingdom's platinum goes
| Destination | Value | Share of United Kingdom's exports |
|---|---|---|
| North Macedonia | $473M | 30% |
| United States | $429M | 27% |
| South Korea | $119M | 7.5% |
| Japan | $87M | 5.5% |
| Poland | $86M | 5.4% |
United Kingdom as a buyer of platinum
United Kingdom imported $1.2 billion of unwrought platinum (HS 711011) in 2024, 8% of world imports, ranked #6. Of its $1.2 billion of platinum imports in 2024, 40% came from South Africa and 17% from Hong Kong, among 23 suppliers.
The platinum price United Kingdom sells into
The benchmark price, London afternoon fix, was $1,784/troy oz in September 2026, up 24% over twelve months. Its five-year volatility is 26% a year, calmer in 84% of its earlier five-year windows. 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. Platinum price history.
Cite as: Commodity Origins, "United Kingdom platinum: production, exports and prices", https://commodityorigins.com/countries/GBR/platinum/ (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.