How much palladium does United States produce and export?
United States is the 5th largest producer of palladium: 6.2 tonnes in 2025, 3.2% of the world's 191 tonnes (USGS MCS). It is the 4th largest exporter by value: $1.4 billion in 2024, 10% of world exports of unwrought palladium (HS 711021) (CEPII BACI). Its biggest customer is Switzerland, which takes 30% of its palladium exports by value.
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United States's palladium production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 5 | 6.2 tonnes | 3.2% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026. World total is the sum of reporting countries.
United States's palladium exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 4 | $1.4 billion | 10% | 45.7 t | $29,640,682 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 711021 (Palladium, unwrought or in powder form).
Where United States's palladium goes
| Destination | Value | Share of United States's exports |
|---|---|---|
| Switzerland | $406M | 30% |
| Germany | $313M | 23% |
| Canada | $237M | 18% |
| Italy | $78M | 5.8% |
| Japan | $77M | 5.7% |
United States as a buyer of palladium
United States imported $1.9 billion of unwrought palladium (HS 711021) in 2024, 15% of world imports, ranked #1. Of its $1.9 billion of palladium imports in 2024, 45% came from Russia and 38% from South Africa, among 14 suppliers. Largest sources: Russia (45%), South Africa (38%), South Korea (5%), Germany (4.2%), Belgium (4.2%).
The palladium price United States 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 States palladium: production, exports and prices", https://commodityorigins.com/countries/USA/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.