SITCSection 6
U.S. imports of platinum and platinum alloys, unwrought or in powder form (SITC 68123) totaled $200.9M in April 2026, traded with 20 countries.
Importers of Platinum and Platinum Alloys, 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 and Platinum Alloys, 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 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.
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.
| 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 |
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Monthly import values over time