How much platinum does Italy export?
It is the 4th largest exporter by value: $929.8 million in 2024, 6.4% of world exports of unwrought platinum (HS 711011) (CEPII BACI). Its biggest customer is Germany, which takes 30% of its platinum exports by value.
All about platinum · All about Italy · Platinum price history
Italy's platinum exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 4 | $929.8 million | 6.4% | 29.2 t | $31,833,219 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 711011 (Platinum, unwrought or in powder form).
Where Italy's platinum goes
| Destination | Value | Share of Italy's exports |
|---|---|---|
| Germany | $275M | 30% |
| United Kingdom | $166M | 18% |
| United States | $149M | 16% |
| Switzerland | $148M | 16% |
| Poland | $63M | 6.8% |
Italy as a buyer of platinum
Italy imported $453.9 million of unwrought platinum (HS 711011) in 2024, 3.1% of world imports, ranked #10. Of its $453.9 million of platinum imports in 2024, 40% came from South Africa and 17% from the United States, among 29 suppliers.
The platinum price Italy 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, "Italy platinum: production, exports and prices", https://commodityorigins.com/countries/ITA/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.