How much palladium does South Africa produce and export?
South Africa is the 2nd largest producer of palladium: 70 tonnes in 2025, 37% of the world's 191 tonnes (USGS MCS). It is the 2nd largest exporter by value: $2.8 billion in 2024, 21% of world exports of unwrought palladium (HS 711021) (CEPII BACI). Its biggest customer is the United States, which takes 26% of its palladium exports by value.
All about palladium · All about South Africa · Palladium price history
South Africa's palladium production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 70 tonnes | 37% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026. World total is the sum of reporting countries.
South Africa's palladium exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $2.8 billion | 21% | 93.5 t | $29,869,739 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 711021 (Palladium, unwrought or in powder form).
Where South Africa's palladium goes
| Destination | Value | Share of South Africa's exports |
|---|---|---|
| United States | $738M | 26% |
| Japan | $547M | 20% |
| United Kingdom | $388M | 14% |
| Germany | $358M | 13% |
| Canada | $287M | 10% |
The palladium price South Africa 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, "South Africa palladium: production, exports and prices", https://commodityorigins.com/countries/ZAF/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.