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HSChapter 71
U.S. imports of platinum, unwrought or in powder form (HS 711011) totaled $200.9M in April 2026, traded with 20 countries.
Importers of Platinum, Unwrought or in Powder Form paid $24K in duties in April 2026 — an effective duty rate of 10% on $245K in dutiable value, based on actual customs collections rather than the published tariff schedule. Platinum, Unwrought or in Powder Form imports of $200.9M in April 2026 ran 16% below the year-to-date monthly average of $239.5M.
Last updated: April 2026 dataPlatinum in unwrought or powder form is a critical input for automotive catalytic converters, fuel cells, and industrial catalysts, making supply concentration a strategic concern for manufacturers. South Africa dominates global primary platinum production and leads US imports under this heading; Belgium and Italy also appear as significant suppliers, reflecting secondary refining and recycling activity in Europe. The US schedule distinguishes grains and nuggets (7110110010), sponge (7110110020), and other unwrought forms (7110110050) within the single HS6 heading, with sponge being the preferred feedstock form for many catalyst manufacturers. Importers should be aware that platinum group metals are subject to heightened CBP scrutiny for accurate weight and fineness declarations.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
Platinum sponge (7110110020) is a highly porous, low-density form of platinum produced by chemical reduction, prized for its very high surface area. It is the preferred feedstock for catalyst manufacturing. Its separate tariff line allows CBP and industry to track this specific form distinctly from cast grain, nuggets, or other unwrought shapes, which have different industrial applications and market pricing.
South Africa hosts the Bushveld Igneous Complex, which contains the world's largest known platinum group metal reserves, accounting for the majority of global primary platinum mine output. This geological concentration means US importers sourcing primary platinum have limited alternative origins, making supply-chain risk management and secondary/recycled platinum sourcing increasingly important for industrial buyers.
| Country | Imports | Exports | Balance |
|---|---|---|---|
| GERMANY | $11.4M | $304.5M | +$293.1M |
| SOUTH AFRICA | $115.4M | -- | -$115.4M |
| KOREA, SOUTH | $16.0M | $80.7M | +$64.7M |
| ITALY | $14.0M | $48.5M | +$34.5M |
| JAPAN | $1.2M | $37.3M | +$36.2M |
Monthly import values over time
HS10 import codes under this HS6 parent. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Import Value | Effective Tariff % | Duty Collected |
|---|---|---|---|---|
| 7110110020 | SPONGE OF THE METAL PLATINUM | $179.6M | -- | -- |
| 7110110050 | PLATINUM METAL UNWROUGHT NESOI | $17.5M | 10.00% | $24K |
| 7110110010 | GRAIN AND NUGGETS OF THE METAL PLATINUM | $3.8M | -- | -- |
SPONGE OF THE METAL PLATINUM
PLATINUM METAL UNWROUGHT NESOI
GRAIN AND NUGGETS OF THE METAL PLATINUM
HS10 export codes under this HS6 parent. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7110110000 | PLATINUM, UNWROUGHT OR POWDER | $523.7M |
PLATINUM, UNWROUGHT OR POWDER
7.1M cgm
GOLD, NONMONETARY, UNWROUGHT NESOI
HS 710812
SILVER, UNWROUGHT NESOI
HS 710691
JEWELRY AND PARTS THEREOF, OF OTH PRECIOUS METAL
HS 711319
OTH PREC METL ARTCLS OR ARTCLS CLAD W PM, NESOI
HS 711590
RHODIUM, UNWROUGHT OR IN POWDER FORM
HS 711031
DIAMONDS, NONINDUSTRIAL, WORKED
HS 710239
Supplier Network
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| State | Imports | Exports | Balance |
|---|---|---|---|
| Pennsylvania | $23.6M | $338.5M | +$314.9M |
| New Jersey | $91.6M | $99.7M | +$8.1M |
| New York | $52.3M | $25.9M | -$26.4M |
| Port | Imports | Exports | Balance |
|---|---|---|---|
| JFK INTERNATIONAL AIRPORT, NY | $189.7M | $510.5M | +$320.8M |
| LOS ANGELES INTERNATIONAL AIRPORT, CA | $7.1M | $18K | -$7.0M |
| MIAMI INTERNATIONAL AIRPORT, FL | $57K | $5.5M | +$5.5M |