U.S. imports of Platinum and Platinum Alloys, Unwrought or in Powder Form (SITC 68123) totaled $220.6M in August 2026, imported from 22 countries.
Platinum and Platinum Alloys, Unwrought or in Powder Form imports of $220.6M in August 2026 ran 15% below the year-to-date monthly average of $258.9M.
Last updated: August 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.
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60 import shipments a month
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.
Basic heading 20 of 766 in section 6
Basic heading 68123 · $220.6M of $27.0B
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ImportsExports
Imports
$220.6MYoY · free account
Exports
$154.6MYoY · free account
12-mo low · imports
Low · free accountOver the twelve months to August 2026, the U.S. imported $3.4B of Platinum and Platinum Alloys, Unwrought or in Powder Form and exported $3.3B.
Through August 2026. Source: U.S. Census Bureau.
Imports · August 2026
origin
South Africa and Germany together supply 93% of it.
customs district
Census does not publish district detail for this classification system.
destination
Census does not publish state detail for this classification system.
entry
Census does not publish port detail for this classification system.