SITCSection 6
U.S. imports of platinum group metals (excluding platinum) and alloys, unwrought or in powder form (SITC 68124) totaled $533.5M in April 2026, traded with 17 countries.
Last updated: April 2026 dataPalladium, rhodium, iridium, osmium, and ruthenium — the platinum group metals other than platinum itself — are captured here in their unwrought and powder forms, covering the raw-material stage of some of the most supply-concentrated commodities in global trade. Palladium dominates import volumes in this heading, driven by its role in gasoline-engine autocatalysts, while rhodium commands exceptional value per troy ounce despite smaller trade volumes. Ruthenium powder is an emerging input for hard-disk perpendicular recording layers and advanced electrochemical applications, broadening the industrial base of this heading beyond traditional catalytic uses.
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Yes. Palladium sponge — a chemically reduced, porous form of the metal — is an unwrought form and is classified here. It is a primary feedstock for autocatalyst washcoat production. Importers should declare the palladium content and purity on the commercial invoice, as precious-metals valuation is closely scrutinized by CBP.
The split is straightforward: platinum and platinum alloys go to 68123, while all other PGMs — palladium, rhodium, iridium, osmium, and ruthenium — and their alloys go to 68124, provided the material is unwrought or in powder form. An alloy of platinum and palladium is classified by the metal that predominates by weight, so the composition declaration on the invoice is essential for correct classification.
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| Country | Imports | Exports | Balance |
|---|---|---|---|
| SOUTH AFRICA | $300.3M | -- | -$300.3M |
| GERMANY | $104.4M | $81.4M | -$22.9M |
| CANADA | -- | $109.6M | +$109.6M |
| KOREA, SOUTH | $22.9M | $69.1M | +$46.2M |
| ITALY | $22.8M | $64.4M | +$41.6M |
Monthly import values over time