How much palladium does Italy export?
It is the 5th largest exporter by value: $972.4 million in 2024, 7.4% of world exports of unwrought palladium (HS 711021) (CEPII BACI). Its biggest customer is Switzerland, which takes 28% of its palladium exports by value.
All about palladium · All about Italy · Palladium price history
Italy's palladium exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 5 | $972.4 million | 7.4% | 27.5 t | $35,387,360 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 711021 (Palladium, unwrought or in powder form).
Where Italy's palladium goes
| Destination | Value | Share of Italy's exports |
|---|---|---|
| Switzerland | $273M | 28% |
| Germany | $196M | 20% |
| United Kingdom | $144M | 15% |
| Poland | $129M | 13% |
| Netherlands | $49M | 5% |
Italy as a buyer of palladium
Italy imported $702.5 million of unwrought palladium (HS 711021) in 2024, 5.4% of world imports, ranked #7. Of its $702.5 million of palladium imports in 2024, 29% came from Russia and 27% from Germany, among 29 suppliers.
The palladium price Italy 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, "Italy palladium: production, exports and prices", https://commodityorigins.com/countries/ITA/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.