Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Canada | Imports and Exports | World | Platinum, unwrought or in semi-manufactured forms, or in powder form | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 7110 "Platinum, unwrought or in semi-manufactured forms, or in powder form" from Canada totalled $ 297 million in 2023. Sales of commodity group 7110 from Canada decreased by 24% in value terms compared to 2022. exports of commodity group 7110 "Platinum, unwrought or in semi-manufactured forms, or in powder form" decreased by $ 95 million (cumulative exports of commodity group 7110 from Canada amounted $392 million in 2022)

Exports of commodity group 7110 "Platinum, unwrought or in semi-manufactured forms, or in powder form" amounted to 0.052% of total exports from Canada (cumulative merchandise exports from Canada totalled $ 566 billion in 2023). The share of commodity group 7110 in total exports from Canada decreased by 0.013 p.p. compared to 2022 (it was 0.065% in 2022 and cumulative exports from Canada were equal to $ 596 billion).

Exports of commodity group 7110 amounted to 1.11% of total sales of group "" from Canada in 2023 (the value of exports of commodity group from Canada amounted to $26 billion in 2023). The share of exports of commodity group 7110 in sales of commodity group from Canada lowered by 0.648 p.p. compared to 2022 (it was 1.76% in 2022, and exports of commodity group from Canada were $22 billion).

Where does Canada export Platinum, unwrought or in semi-manufactured forms, or in powder form?

Top export destinations of "Platinum, unwrought or in semi-manufactured forms, or in powder form" from Canada in 2023:

  • USA with a share of 73% (217 million US$)
  • Switzerland with a share of 22% (68 million US$)
  • China with a share of 1.88% (5.59 million US$)
  • Germany with a share of 1.7% (5.08 million US$)
  • Mexico - 878 thousand US$
  • Portugal - 38 thousand US$
  • France - 25 thousand US$
  • Costa Rica - 9.72 thousand US$
  • Finland - 5.19 thousand US$
  • United States Minor Outlying Islands - 4.88 thousand US$

Exports structure of 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form - from Canada in 2023 represented by the following main commodity groups:

  • 88% (263 million US$): 711029 - Palladium, in semi-manufactured forms
  • 4.3% (12.8 million US$): 711019 - Platinum, in semi-manufactured forms
  • 3.14% (9.36 million US$): 711011 - Platinum, unwrought/in powder form
  • 1.88% (5.6 million US$): 711049 - Iridium, osmium & ruthenium, in semi-manufactured forms
  • 1.71% (5.09 million US$): 711041 - Iridium, osmium & ruthenium, unwrought/in powder form
  • 0.294% (876 thousand US$): 711021 - Palladium, unwrought/in powder form
  • 0.018% (56 thousand US$): 711039 - Rhodium, in semi-manufactured forms
  • 0.002% (8.83 thousand US$): 711031 - Rhodium, unwrought/in powder form

The value of imports of commodity group 7110 "Platinum, unwrought or in semi-manufactured forms, or in powder form" to Canada totalled $ 1.14 billion in 2023. Sales of commodity group 7110 to Canada decreased by 46% in value terms compared to 2022. imports of commodity group 7110 "Platinum, unwrought or in semi-manufactured forms, or in powder form" decreased by $ 988 million (the value of imports of commodity group 7110 to Canada was equal to $2.13 billion in 2022)

Imports of commodity group 7110 "Platinum, unwrought or in semi-manufactured forms, or in powder form" accounted for 0.205% of total import flow to Canada (in 2023, total imports to Canada amounted to $ 558 billion). The share of commodity group 7110 in total imports to Canada decreased by 0.169 p.p. compared to 2022 (it was 0.374% in 2022 and cumulative imports to Canada were equal to $ 569 billion).

Imports of commodity group 7110 reached 5.89% of total imports of group "" to Canada in 2023 (imports of commodity group to Canada totalled $19.4 billion in 2023). The share of purchases of commodity group 7110 in imports of commodity group to Canada went down by 5.46 p.p. compared to 2022 (it was 11.3% in 2022, and imports of commodity group to Canada accounted for $18.7 billion).

Where does Canada import Platinum, unwrought or in semi-manufactured forms, or in powder form from?

Top trading partners (import of "Platinum, unwrought or in semi-manufactured forms, or in powder form") of Canada in 2023:

  • South Africa with a share of 38% (444 million US$)
  • USA with a share of 24% (283 million US$)
  • Korea with a share of 12.3% (142 million US$)
  • Belgium with a share of 9.38% (107 million US$)
  • Germany with a share of 5.12% (58 million US$)
  • Switzerland with a share of 3.66% (42 million US$)
  • Japan with a share of 2.94% (33 million US$)
  • Italy with a share of 2.4% (27 million US$)
  • United Kingdom - 6.98 million US$
  • Brazil - 58 thousand US$

Imports structure of 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form - to Canada in 2023 represented by the following main commodity groups:

  • 57% (655 million US$): 711021 - Palladium, unwrought/in powder form
  • 27% (320 million US$): 711031 - Rhodium, unwrought/in powder form
  • 6.25% (71 million US$): 711029 - Palladium, in semi-manufactured forms
  • 3.95% (45 million US$): 711019 - Platinum, in semi-manufactured forms
  • 2.54% (29 million US$): 711011 - Platinum, unwrought/in powder form
  • 1.51% (17.4 million US$): 711039 - Rhodium, in semi-manufactured forms
  • 0.613% (7.03 million US$): 711049 - Iridium, osmium & ruthenium, in semi-manufactured forms
  • 0.008% (98 thousand US$): 711041 - Iridium, osmium & ruthenium, unwrought/in powder form

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Canada | Imports and Exports | World | Platinum, unwrought or in semi-manufactured forms, or in powder form | Value (US$) and Value Growth, YoY (%) | 2012 - 2023