Rare silver-white metal

International sales of palladium exported from all countries totaled US$14.9 billion in 2025.

That dollar amount results from a -54.4% setback for all palladium shippers over the 5-year period starting in 2021 when exported palladium was valuated at $32.6 billion.

Year over year, global palladium exports grew by 3.6% starting from $14.4 billion starting from 2024.

Palladium is a silvery-white rare metal used to make vehicle catalytic converters, jewelry, timepieces, electrical contacts, surgical instruments, spark plugs and blood sugar test strips. Like gold, silver and platinum, palladium is also reported as bullion with its own currency codes.

The top 5 exporters of palladium are Russia, United States of America, South Africa, United Kingdom and Germany. By value, that quintet of leading palladium suppliers dominated three-quarters (75.3%) of globally exported palladium during 2025.

From a continental perspective, shippers in Europe sold the highest dollar worth of palladium exports during 2025 with shipments valued at $9.9 billion or 66.8% of the global subtotal. In second place were exporters located in Africa at 18.2%, ahead of another 16.9% of palladium shipments which originated from North America.

Smaller percentages came from exporters in Asia (6.4%), Australia and New Zealand in Oceania (0.04%), then sellers located in Latin America (0.01%) excluding Mexico but including the Caribbean.

In international trade classifications, there are two major subcategories of platinum. For research purposes, the 6-digit Harmonized Tariff System code prefix is 711021 for palladium in either unwrought or powder form. Code prefix 711029 represents semi-manufactured palladium.

Unwrought or powdered palladium is the major form of palladium amounting to 82.5% of global palladium exports during 2025. Semi-manufactured palladium reflects a much smaller portion at 17.5%, up from 14.5% in 2024.

By value, the listed 15 countries shipped 97.4% of all palladium exported in 2025.

Among the above countries, the slowest-decreasing palladium exporters since 2021 were: South Korea (up -3.1%), France (up -30.1%) and Germany (up -41.1%).

Those countries that posted the severest 5-year declines in their exported palladium sales were led by: Belgium (down -69.1%), Japan (down -68.8%), United Kingdom (down -68.4%) and Norway (down -63.1%).

By value, the listed 15 countries shipped 99.4% of all raw palladium including powdered versions exported in 2025.

Among the above countries, the growth exporters of raw palladium since 2021 were mainland China (up 66,644.3%) and Hong Kong (up 15%).

Those countries that posted 5-year declines in their exported raw palladium sales were led by: South Korea (down -75.4% from 2021), Belgium (down -65.3%), Italy (down -57.7%) and Switzerland (down -54.8%).

By value, the listed top 15 countries shipped 98.3% of all semi-manufactured palladium exported in 2025.

Among the above countries, the fastest-growing exporters of semi-manufactured palladium since 2021 were: Russia (up 7,070%), Thailand (up 1,764%), India (up 550.4%) and Germany (up 141.2%).

Major suppliers that posted 5-year declines in their exported semi-manufactured palladium sales were led by: United Kingdom (down -87.3% from 2021), United States of America (down -79.6%), Spain (down -69.7%) and South Africa (down -65.1%).

See also Gold Exports by Country, Silver Exports by Country, Platinum Exports by Country and Uranium Exports by Country

Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on November 9, 2026

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on November 9, 2026

International Trade Centre, Trade Map. Accessed on November 9, 2026

Investopedia, Net Exports Definition. Accessed on November 9, 2026

Mining Feeds, Palladium Mining Companies Listed in All Countries. Accessed on November 9, 2026

Wikipedia, Palladium. Accessed on November 9, 2026