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Official data Source: US Census Bureau international trade data Data through August 2026 · updated monthly

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HS 7110.31

Rhodium, unwrought or in powder form

In short

  • The US imported $3.29B of this product over the 12 months to August 2026, up 46% on the year before.
  • South Africa is the largest supplier, with 62.9% of US imports; Germany is next, with 13.9%.
  • Germany is the cheapest main supplier before and after freight and duty, landing at $259.90/component g.
  • Duty paid averaged 0.0% of the value of imports in August 2026, the same as a year earlier.
  • South Africa is gaining share: 62.2% over the last 12 months, up from 47.5%.
  • 3 Federal Register notices named this product's tariff codes in the last 12 months.

US imports, Aug 2026

$172.6M

↓ −36% vs Aug 2025

Last 12 months

$3.29B

↑ +46% vs the 12 months before

Average duty paid

0.0%

0.0 pts vs Aug 2025

Top supplier

South Africa

62.9% of US imports

US imports by month

The last 13 months, so the same month a year ago is on the left. August 2026 is highlighted.

Aug2025SepOctNovDecJan2026FebMarAprMayJunJulAug
Show the numbers
MonthUS imports
August 2025$271.7M
September 2025$220.3M
October 2025$248.1M
November 2025$170.6M
December 2025$308.4M
January 2026$186.7M
February 2026$310.0M
March 2026$259.1M
April 2026$348.1M
May 2026$490.8M
June 2026$362.9M
July 2026$216.2M
August 2026$172.6M

What changed

  • US imports were $172.6M in August 2026, down 20% from July 2026 and down 36% from August 2025.
  • Over the 12 months to August 2026 they totalled $3.29B, up 46% on the 12 months before.
  • Biggest moves in market share since July 2026: United Kingdom up from 0.0% to 3.1%, South Africa down from 66.5% to 62.9%.
  • Average price from Germany rose 12% since July 2026, to $289.91/component g.
  • Duty paid by the main suppliers held within 2 points of July 2026.

US trade by year

US imports were $3.29B in the 12 months to Aug 2026, up 1035% on the 12 months to Aug 2017. US exports were $2.54B, up 1566%.

2017201820192020202120222023202420252026
Show the numbers
PeriodUS imports
12 months to Aug 2017$290.2M
12 months to Aug 2018$745.6M
12 months to Aug 2019$1.27B
12 months to Aug 2020$2.81B
12 months to Aug 2021$9.00B
12 months to Aug 2022$6.89B
12 months to Aug 2023$4.70B
12 months to Aug 2024$2.14B
12 months to Aug 2025$2.26B
12 months to Aug 2026$3.29B
  • South Africa
  • Germany
  • Belgium
  • Italy
  • All countries
Share of US imports
Show the numbers
PeriodSouth AfricaGermanyBelgiumItaly
12 months to Aug 201764.1%2.8%4.6%2.6%
12 months to Aug 201849.4%19.1%7.4%3.1%
12 months to Aug 201945.1%20.3%6.8%3.5%
12 months to Aug 202048.1%26.5%9.0%2.7%
12 months to Aug 202143.0%26.3%9.2%3.8%
12 months to Aug 202246.1%30.0%9.9%4.9%
12 months to Aug 202337.2%33.0%10.4%4.0%
12 months to Aug 202457.8%22.2%9.5%3.9%
12 months to Aug 202547.5%23.8%18.6%3.8%
12 months to Aug 202662.2%19.9%10.0%4.3%
Duty paid, % of value
Show the numbers
PeriodSouth AfricaGermanyBelgiumItalyAll countries
12 months to Aug 20170.0%0.0%0.0%0.0%0.0%
12 months to Aug 20180.0%0.0%0.0%0.0%0.0%
12 months to Aug 20190.0%0.0%0.0%0.0%0.0%
12 months to Aug 20200.0%0.0%0.0%0.0%0.0%
12 months to Aug 20210.0%0.0%0.0%0.0%0.0%
12 months to Aug 20220.0%0.0%0.0%0.0%0.0%
12 months to Aug 20230.0%0.0%0.0%0.0%0.0%
12 months to Aug 20240.0%0.0%0.0%0.0%0.0%
12 months to Aug 20250.0%0.0%0.0%0.0%0.0%
12 months to Aug 20260.0%0.0%0.0%0.0%0.0%
PeriodUS importsDuty paidUS exports
12 months to Aug 2026$3.29B+46%0.0%0.0 pts$2.54B+92%
12 months to Aug 2025$2.26B+5.7%0.0%0.0 pts$1.32B+6.6%
12 months to Aug 2024$2.14B−54%0.0%0.0 pts$1.24B−55%
12 months to Aug 2023$4.70B−32%0.0%0.0 pts$2.73B−21%
12 months to Aug 2022$6.89B−23%0.0%0.0 pts$3.45B−41%
12 months to Aug 2021$9.00B+220%0.0%0.0 pts$5.82B+218%
12 months to Aug 2020$2.81B+121%0.0%0.0 pts$1.83B+176%
12 months to Aug 2019$1.27B+70%0.0%0.0 pts$661.4M+85%
12 months to Aug 2018$745.6M+157%0.0%0.0 pts$357.5M+134%
12 months to Aug 2017$290.2M0.0%$152.5M

Who supplies the US

August 2026. Small figures under each value are the change from August 2025. Landed cost by origin, below, adds freight and duty to the price.

CountryUS importsShareAverage priceDuty paidLast 13 months
South Africa$108.5M62.9%+18.7 pts$253.61/component g+35%0.0%0.0 pts
Germany$23.9M13.9%−11.5 pts$289.91/component g+24%0.0%0.0 pts
Belgium$23.5M13.6%−7.1 pts$242.40/component g+13%0.0%0.0 pts
Italy$8.2M4.8%−3.2 pts$294.46/component g+30%0.0%0.0 pts
United Kingdom$5.3M3.1%new$271.87/component g0.0%
Korea, South$3.1M1.8%0.0 pts$251.91/component g+28%0.0%0.0 pts
All countries$172.6M100.0%$258.68/component g+25%0.0%0.0 pts

The 3 largest suppliers had 92.1% of US imports over the last 12 months.

Landed cost by origin

What importers paid to land this product at a US port from each main supplier, June–August 2026: the price, freight and insurance to the first US port, and duty, per unit. Suppliers with 3% or more of these imports, cheapest landed first. Small figures under landed cost are the change from the same months a year earlier.

  • Price
  • Freight and insurance
  • Duty
CountryPriceFreight and insuranceDutyLanded costMake-up
Germany$259.14/component g$0.76/component g0.3% of price$0.00/component g0.0% of price$259.90/component g+22%
Italy$267.70/component g$0.02/component g0.0% of price$0.00/component g0.0% of price$267.71/component g+21%
Belgium$267.66/component g$3.79/component g1.4% of price$0.00/component g0.0% of price$271.46/component g+34%
South Africa$280.87/component g$0.01/component g0.0% of price$0.00/component g0.0% of price$280.88/component g+61%
All countries$275.28/component g$0.54/component g0.2% of price$0.00/component g0.0% of price$275.82/component g+46%

Landed at a US port, Germany was cheapest, at $259.90/component g: 2.9% below Italy.

Landed cost from South Africa rose 61% on a year earlier, to $280.88/component g, mostly on price: $174.32/component g then, $280.87/component g now.

How the market is shifting

South Africa gained the most share: 62.2% of US imports over the last 12 months, up from 47.5% in the 12 months before. Belgium lost the most: 10.0%, down from 18.6%. The charts show September 2024 to August 2026 for the 4 largest suppliers over the last 12 months.

  • South Africa
  • Germany
  • Belgium
  • Italy
  • All countries
Share of US imports
Show the numbers
MonthSouth AfricaGermanyBelgiumItaly
September 202466.3%13.2%17.6%1.2%
October 202450.9%29.0%5.1%11.4%
November 202464.5%9.8%18.8%3.9%
December 202441.0%38.7%6.2%2.8%
January 202523.8%23.9%37.3%0.4%
February 202569.3%7.3%10.6%6.3%
March 202535.7%14.4%39.8%3.5%
April 202554.7%32.8%5.5%5.5%
May 202539.5%33.8%15.4%2.1%
June 202560.0%28.7%7.8%1.8%
July 202552.0%20.9%14.9%3.0%
August 202544.2%25.4%20.7%7.9%
September 202563.6%20.2%5.3%8.9%
October 202563.1%22.8%9.4%1.5%
November 202570.8%21.7%1.7%3.0%
December 202547.8%40.7%5.9%3.4%
January 202668.1%19.7%8.3%1.7%
February 202668.0%22.7%1.2%5.3%
March 202663.8%16.5%8.7%6.1%
April 202649.9%24.1%16.9%4.2%
May 202664.8%11.1%18.8%3.4%
June 202665.4%14.1%8.6%3.7%
July 202666.5%12.9%11.8%6.4%
August 202662.9%13.9%13.6%4.8%
Duty paid, % of value
Show the numbers
MonthSouth AfricaGermanyBelgiumItalyAll countries
September 20240.0%0.0%0.0%0.0%0.0%
October 20240.0%0.0%0.0%0.0%0.0%
November 20240.0%0.0%0.0%0.0%0.0%
December 20240.0%0.0%0.0%0.0%0.0%
January 20250.0%0.0%0.0%0.0%0.0%
February 20250.0%0.0%0.0%0.0%0.0%
March 20250.0%0.0%0.0%0.0%0.0%
April 20250.0%0.0%0.0%0.0%0.0%
May 20250.0%0.0%0.0%0.0%0.0%
June 20250.0%0.0%0.0%0.0%0.0%
July 20250.0%0.0%0.0%0.0%0.0%
August 20250.0%0.0%0.0%0.0%0.0%
September 20250.0%0.0%0.0%0.0%0.0%
October 20250.0%0.0%0.0%0.0%0.0%
November 20250.0%0.0%0.0%0.0%0.0%
December 20250.0%0.0%0.0%0.0%0.0%
January 20260.0%0.0%0.0%0.0%0.0%
February 20260.0%0.0%0.0%0.0%0.0%
March 20260.0%0.0%0.0%0.0%0.0%
April 20260.0%0.0%0.0%0.0%0.0%
May 20260.0%0.0%0.0%0.0%0.0%
June 20260.0%0.0%0.0%0.0%0.0%
July 20260.0%0.0%0.0%0.0%0.0%
August 20260.0%0.0%0.0%0.0%0.0%

Tariff actions touching this product

Federal Register notices from the last 12 months that list this product's tariff codes. A notice can add a duty, exclude products from one or only mention them, so read each for what it changes. Search the Federal Register for 7110.31

Where it enters the US

Main ports of entry over the 12 months to August 2026: US imports and share.

  1. Jfk International Airport, NY$3.17B · 96.3%
  2. Los Angeles International Airport, CA$103.0M · 3.1%
  3. Anchorage, AK$13.8M · 0.4%
  4. San Francisco International Airport, CA$2.3M · 0.1%
  5. Miami International Airport, FL$1.7M · 0.1%

Where US exports go

US exports were $394.4M in August 2026, up 191% from August 2025, and $2.54B over the last 12 months, up 92% on the 12 months before. Fastest-growing market with 3% or more of US exports: Belgium, up 2465%.

MarketLast 12 monthsSharevs 12 months before
Canada$538.2M21.2%+136%
Italy$420.3M16.5%+63%
Belgium$400.8M15.8%+2465%
Japan$301.0M11.8%+123%
Germany$279.1M11.0%+33%
Hong Kong$181.3M7.1%+7.2%
China$176.1M6.9%+39%
Korea, South$161.9M6.4%+25%
Other countries (10)$82.5M3.2%+100%
All countries$2.54B100.0%+92%

Markets abroad

Each country's own import figures for this product, from UN Comtrade: the 8 biggest importers outside the US in the latest year each has reported, what they bought from the US, and the change from the year before. Values usually include freight and insurance to the importer's border, so they run a little above US export figures. Countries report a year or more late; 43 have reported 2025 so far. Where a country's figure for imports from the US is under half or over double what the US recorded exporting there that year, the US figure is shown under it.

MarketImportsvs year beforeFrom the USUS share
Germany$1.28Bin 2025+52%$116.9MUS records $287.9M9.2%
Japan$1.24Bin 2025+39%$0US records $159.2M0.0%
Hong Kong$993.9Min 2025+6.8%$136.1M13.7%
China$924.6Min 2025+117%$46KUS records $158.2M0.0%
United Kingdom$802.4Min 2025+12%$740K0.1%
Italy$384.0Min 2025+25%$41.6MUS records $292.0M10.8%
Korea, South$369.7Min 2025+23%$8.8MUS records $75.6M2.4%
Canada$298.0Min 2025+79%$7KUS records $299.1M0.0%

The biggest market outside the US is Germany, which imported $1.28B of this product in 2025, 9.2% of that from the US by its own count; the US records $287.9M of exports there.

Of these, imports into the United Kingdom grew fastest: up 12% from 2024 to 2025.

Other products under heading 7110: platimun, unwrought or in semimanufactured forms, or in powder form. US trade over the 12 months to August 2026.

ProductUS importsUS exports
Platinum, unwrought or in powder formHS 7110.11$3.38B$3.33B
Palladium, unwrought or in powder formHS 7110.21$1.98B$2.28B
Platinum metal, semimanufacturedHS 7110.19$1.11B$636.0M
Iridium, osmium and ruthenium, unwrought or in powder formHS 7110.41$665.1M$392.0M
Palladium, semimanufacturedHS 7110.29$365.6M$264.4M
Iridium, osmium and ruthenium, semimanufacturedHS 7110.49$85.2M$77.8M
Rhodium, semimanufacturedHS 7110.39$10.4M$13.1M
About these figures
  • Source: US Census Bureau international trade data, not seasonally adjusted, in US dollars. Retrieved November 3, 2026.
  • US imports are general imports at customs value, which excludes freight and insurance. Exports are at free-alongside-ship value.
  • Average price is customs value divided by quantity (component grams), across all of the product's 10-digit lines.
  • Duty paid is the duty Census calculates on each country's imports for consumption, as a share of their value. It moves with tariff changes, exemptions and the mix of goods within the product.
  • Landed cost adds Census's import charges (freight, insurance and other costs of bringing the goods to the first US port) and calculated duty to the customs value, per unit, across the product's 10-digit lines. It leaves out antidumping and countervailing duties, customs fees and transport inland. Prices are averages across the goods within the code, so a lower one can mean cheaper goods, not the same goods for less.
  • Markets abroad are each country's imports as it reports them to UN Comtrade, in US dollars, usually including freight and insurance. Countries report a year or more late and in their own edition of the HS codes, so one still on an older edition is missing for codes that changed in 2022.
  • Tariff notices are from the Federal Register, matched to this product by the HTS numbers in their text.
  • Census revises recent months, so figures can change slightly. These are estimates for research and planning, not customs or legal advice.

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