Platinum, unwrought or in semi-manufactured forms, or in powder form: South Korea exports and imports
HS 7110 · 백금(가공하지 않은 것ㆍ반가공한 모양이나 가루 모양인 것으로 한정한다) · latest month: October 2026
In October 2026, South Korea exported $95.3 million of platinum, unwrought or in semi-manufactured forms, or in powder form (HS 7110), up 5.6% from September 2026 and up 35.5% from October 2025.
Over the 12 months to October 2026, exports of platinum, unwrought or in semi-manufactured forms, or in powder form (HS 7110) totalled $953.9 million, up 96.7% from the 12 months before ($484.9 million).
The largest destination over the 12 months to October 2026 was the United States ($367.8 million, 38.6% of the total), followed by the United Kingdom and Germany.
That was 6.6% of South Korea's exports under HS chapter 71 (pearls, precious stones and precious metals) over the same 12 months.
Imports in October 2026 were $173.4 million (up 82.6% from October 2025), leaving a deficit of $78.2 million for the month.
Last 24 months
Subheadings under HS 7110
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 7110.11 | Unwrought or in powder form | $442.1M | 46.3% | +87.9% | $40.3M |
| 7110.19 | Other | $120.4M | 12.6% | +171.1% | $18.3M |
| 7110.21 | Unwrought or in powder form | $231.5M | 24.3% | +72.8% | $21.8M |
| 7110.29 | Other | $16.2M | 1.7% | +71.4% | $373K |
| 7110.31 | Unwrought or in powder form | $129.0M | 13.5% | +147.6% | $12.9M |
| 7110.39 | Other | $3.4M | 0.4% | -2.8% | $327K |
| 7110.41 | Unwrought or in powder form | $10.6M | 1.1% | +119.7% | $1.3M |
| 7110.49 | Other | $724K | 0.1% | -44.3% | $0 |
Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.
Top destinations
Export value over the 12 months to October 2026. 20 countries received this product from South Korea in the last 24 months.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | United States | $367.8M | 38.6% | +59.7% | 1 | $48.1M |
| 2 | United Kingdom | $321.6M | 33.7% | +202.2% | 2 | $25.3M |
| 3 | Germany | $121.2M | 12.7% | +244.2% | 5 | $13.1M |
| 4 | Japan | $70.2M | 7.4% | +16.0% | 3 | $4.0M |
| 5 | Switzerland | $43.7M | 4.6% | +20.3% | 4 | $2.8M |
| 6 | Hong Kong | $9.9M | 1.0% | +298.4% | 7 | $0 |
| 7 | China | $9.9M | 1.0% | +74.1% | 6 | $630K |
| 8 | Vietnam | $2.5M | 0.3% | +78.4% | 9 | $228K |
| 9 | Indonesia | $2.5M | 0.3% | +5.1% | 8 | $285K |
| 10 | Israel | $2.4M | 0.2% | +106.5% | 11 | $688K |
| 11 | Taiwan | $1.5M | 0.2% | +14.3% | 10 | $114K |
| 12 | Singapore | $570K | 0.1% | +65.5% | 13 | $0 |
| 13 | Italy | $43K | 0.0% | -95.5% | 12 | $0 |
| 14 | Thailand | $7,417 | 0.0% | -59.5% | 17 | $0 |
| 15 | India | $6,488 | 0.0% | -87.2% | 16 | $0 |
| 16 | Australia | $254 | 0.0% | – | 20 | $0 |
| 17 | Malaysia | $210 | 0.0% | – | 19 | $0 |
| – | Belgium | $0 | 0.0% | -100.0% | 15 | $0 |
| – | Canada | $0 | 0.0% | – | 18 | $0 |
| – | Ukraine | $0 | 0.0% | -100.0% | 14 | $0 |
Countries are linked when exports of this product to them reached $5,000,000 over 24 months.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $95.3M | +35.5% | 1.9 t | $50,026.65 | $173.4M | 2.8 t |
| September 2026 | $90.2M | +41.3% | 1.8 t | $49,061.69 | $172.1M | 2.7 t |
| August 2026 | $60.5M | +71.7% | 1.5 t | $39,806.89 | $143.9M | 2.5 t |
| July 2026 | $80.3M | +72.3% | 1.9 t | $42,635.91 | $191.9M | 3.5 t |
| June 2026 | $84.4M | +82.9% | 1.8 t | $46,467.79 | $211.5M | 3.2 t |
| May 2026 | $94.3M | +182.4% | 2.9 t | $32,931.33 | $294.5M | 4.1 t |
| April 2026 | $93.8M | +151.2% | 63.6 t | $1,476.26 | $293.7M | 4.1 t |
| March 2026 | $86.0M | +184.1% | 2.5 t | $34,568.85 | $249.8M | 3.3 t |
| February 2026 | $69.4M | +150.1% | 21.9 t | $3,168.74 | $268.3M | 3.5 t |
| January 2026 | $86.3M | +236.0% | 17.2 t | $5,003.66 | $255.4M | 4.0 t |
| December 2025 | $67.7M | +64.1% | 1.3 t | $50,834.52 | $232.8M | 4.1 t |
| November 2025 | $45.6M | +68.8% | 959 kg | $47,533.90 | $188.0M | 3.2 t |
| October 2025 | $70.3M | +138.6% | 14.6 t | $4,821.22 | $95.0M | 1.9 t |
| September 2025 | $63.8M | +109.0% | 1.8 t | $35,941.41 | $124.4M | 2.7 t |
| August 2025 | $35.2M | +6.0% | 20.4 t | $1,724.86 | $115.1M | 2.5 t |
| July 2025 | $46.6M | +54.7% | 17.0 t | $2,747.40 | $110.7M | 2.4 t |
| June 2025 | $46.1M | +2.7% | 21.4 t | $2,160.55 | $135.2M | 3.4 t |
| May 2025 | $33.4M | +11.0% | 16.9 t | $1,980.97 | $137.6M | 3.5 t |
| April 2025 | $37.4M | +34.0% | 15.4 t | $2,425.52 | $83.0M | 2.1 t |
| March 2025 | $30.3M | +4.2% | 1.1 t | $26,427.42 | $97.2M | 2.6 t |
| February 2025 | $27.7M | +0.7% | 851 kg | $32,605.99 | $91.0M | 2.6 t |
| January 2025 | $25.7M | -7.5% | 818 kg | $31,402.11 | $134.9M | 3.7 t |
| December 2024 | $41.3M | +27.0% | 1.2 t | $35,081.77 | $142.0M | 3.7 t |
| November 2024 | $27.0M | -22.6% | 820 kg | $32,934.60 | $130.9M | 3.3 t |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.