Palladium Exports by Country

Silvery-white metal palladium

Rare silver-white metal

Palladium is a silvery-white rare metal used to make vehicle catalytic converters, jewelry, timepieces, electrical contacts, surgical instruments, spark plugs and blood sugar test strips. Like gold, silver and platinum, palladium is also reported as bullion with its own currency codes.

Overall palladium exports by country totaled US$7.9 billion in 2016, down by an average -6.6% for all palladium shippers over the five-year period starting in 2012 when exported palladium was valuated at $8.5 billion.

There are two major subcategories of platinum. The 6-digit Harmonized Tariff System code prefix is 711021 for palladium in either unwrought or powder form. Code prefix 711029 represents semi-manufactured palladium.

Unwrought or powder palladium accounted for 83.1% of all exported palladium during 2016, and 16.9% for semi-manufactured palladium.

European countries accounted for the highest dollar worth of unwrought or powdered palladium exports during 2016 with shipments valued at $4.6 billion or 70.2% of total palladium exports. In second place were African exporters at 17.4% while 9.1% of unwrought or powdered palladium shipments originated from North America followed by Asian palladium exporters at 3.2%.

For worldwide semi-manufactured palladium, European exporters generated 57% of the global total for unfinished palladium followed by North America at 23.3%, Africa at 10.9% and Asia at 8.8%.

Palladium Exports by Country

Overall

Below are the 15 countries that exported the highest dollar value worth of palladium in all forms during 2016:

  1. Russia: US$1.79 billion (22.6% of total palladium exports)
  2. United Kingdom: $1.76 billion (22.2%)
  3. South Africa: $1.3 billion (16.3%)
  4. United States: $758 million (9.6%)
  5. Germany: $580.8 million (7.3%)
  6. Italy: $409.3 million (5.2%)
  7. Belgium: $274 million (3.5%)
  8. Switzerland: $257.9 million (3.3%)
  9. Canada: $150.2 million (1.9%)
  10. Norway: $129.7 million (1.64%)
  11. Japan: $122.8 million (1.55%)
  12. Hong Kong: $111 million (1.4%)
  13. Finland: $48.8 million (0.62%)
  14. France: $48.2 million (0.61%)
  15. South Korea: $38.4 million (0.5%)

The listed 15 countries shipped 98.1% of all palladium exports in 2016 by value.

Among the above countries, the fastest-growing palladium exporters since 2012 were: Hong Kong (up 642.7%), Finland (up 388.4%), France (up 142.4%) and Italy (up 60.1%).

Those countries that posted declines in their exported palladium sales were led by: Switzerland (down -77.8%), Japan (down -46.3%), Germany (down -44.3%) and Norway (down -39.6%).

Raw

Below are the 15 countries that exported the highest dollar value worth of unprocessed or powder palladium during 2016:

  1. Russia: US$1.8 billion (27.1% of exported raw or powder palladium)
  2. United Kingdom: $1.4 billion (21.1%)
  3. South Africa: $1.1 billion (17.4%)
  4. United States: $558.2 million (8.5%)
  5. Italy: $399.7 million (6.1%)
  6. Germany: $376.3 million (5.7%)
  7. Belgium: $267.2 million (4.1%)
  8. Switzerland: $177.8 million (2.7%)
  9. Norway: $129.7 million (2%)
  10. Hong Kong: $106.2 million (1.6%)
  11. Japan: $54.8 million (0.8%)
  12. Finland: $48.7 million (0.7%)
  13. Canada: $38.4 million (0.6%)
  14. South Korea: $34 million (0.5%)
  15. France: $22.5 million (0.3%)

The listed 15 countries shipped 99.2% of all unprocessed or powder palladium exports in 2016 by value.

Among the above countries, the fastest-growing raw or powder palladium exporters since 2012 were: Hong Kong (up 1,005%), Finland (up 388.6%), Italy (up 78.8%) and France (up 64.5%).

Those countries that posted declines in their exported raw or powder palladium sales were led by: Switzerland (down -83.3%), Canada (down -58.7%), Japan (down -55.3%) and Germany (down -50.1%).

Semi-Manufactured

Below are the 15 countries that exported the highest dollar value worth of semi-manufactured palladium during 2016:

  1. United Kingdom: US$372.1 million (27.8% of semi-manufactured exported palladium)
  2. Germany: $204.5 million (15.3%)
  3. United States: $199.8 million (14.9%)
  4. South Africa: $146.3 million (10.9%)
  5. Canada: $111.8 million (8.3%)
  6. Switzerland: $80.1 million (6%)
  7. Japan: $68 million (5.1%)
  8. Singapore: $33.7 million (2.5%)
  9. Austria: $29 million (2.2%)
  10. France: $25.7 million (1.9%)
  11. Spain: $13.1 million (1%)
  12. Czech Republic: $12.1 million (0.9%)
  13. Italy: $9.7 million (0.7%)
  14. Belgium: $6.9 million (0.5%)
  15. Poland: $6 million (0.4%)

The listed 15 countries shipped 98.5% of all semi-manufactured palladium exports in 2016 by value.

Among the above countries, the fastest-growing semi-manufactured palladium exporters since 2012 were: Singapore (up 5,385%), United Kingdom (up 1,303%), Poland (up 711.9%) and France (up 314.3%).

Those countries that posted declines in their exported semi-manufactured palladium sales were led by: Italy (down -69.9%), South Africa (down -51.9%), Japan (down -35.8%) and Germany (down -29.5%).

Companies

Global Palladium Miners

According to MiningFeeds.com, the following mining companies represent established players engaged in the international palladium trade. Their home country is shown within parenthesis.

  • Eastern Platinum Limited (Canada)
  • Lonmin plc (United Kingdom)
  • North American Palladium Ltd (Canada)
  • Resource and Investment NL (Australia)
  • Solitario Exploration & Royalty (United Kingdom)
  • Stillwater Mining Co. (United States)
  • Thundelarra Exploration Ltd (Australia)
  • Zimplats Holdings Ltd (Australia)










 
See also Gold Exports by Country, Silver Exports by Country, Platinum Exports by Country and Uranium Exports by Country

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on July 25, 2017

Trade Map, International Trade Centre. Accessed on July 25, 2017

Wikipedia, Palladium. Accessed on July 25, 2017

Mining Feeds, Palladium Mining Companies Listed in All Countries. Accessed on July 25, 2017