SITCSection 6
U.S. exports of platinum and platinum alloys, unwrought or in powder form (SITC 68123) totaled $366.1M in July 2026.
Importers of Platinum and Platinum Alloys, Unwrought or in Powder Form paid $20K in duties in July 2026 — an effective duty rate of 8.8% on $224K in dutiable value, based on actual customs collections rather than the published tariff schedule.
Last updated: July 2026 dataPlatinum and its alloys in unwrought or powder form are critical raw-material inputs for autocatalyst manufacturing, petroleum refining catalysts, fuel cells, and laboratory crucibles. The unwrought or powder distinction places this heading at the earliest stage of the platinum supply chain — before rolling, drawing, or other mechanical processing — making it the primary import form for refiners and catalyst producers. Supply concentration in a small number of producing countries makes this heading particularly sensitive to geopolitical and logistics disruptions, a factor that procurement teams in the automotive and chemical sectors monitor closely.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
88 shipments/mo
Basic heading 15 of 766 in section 6
Basic heading 68123 · $250.2M of $26.7B
Platinum sponge, ingot, and cast forms are all considered unwrought and fall within this heading alongside powder. The common thread is that none of these forms has been mechanically worked — rolled, drawn, or extruded. Sponge is a porous, chemically reduced form; powder is finely divided particulate. Both are classified here, but the specific physical form should be stated on the commercial invoice because it can affect valuation and downstream end-use documentation.
Yes. Platinum alloys in unwrought or powder form are explicitly included. Platinum-rhodium alloys used in glass-fiber bushings and platinum-iridium alloys used in laboratory standards are common examples. The alloy composition should be declared on entry documents, as rhodium and iridium are separately tracked PGMs with their own supply-chain considerations.
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Exports · July 2026
destination
United Kingdom and Switzerland together take 65% of it.
customs district
Census does not publish district detail for this classification system.
origin
Census does not publish state detail for this classification system.
entry
Census does not publish port detail for this classification system.
ImportsExports
Imports
$250.2MYoY · Pro
Exports
$366.1MYoY · Pro
12-mo low · imports
YoY · ProThrough July 2026. Source: U.S. Census Bureau.