Key Market Indicators
Mexican imports and exports of platinum are expected to rise in the coming years. In 2021, Mexico imported $14.8 million worth of platinum and exported $6.7 million. This is an average increase of 0.7% year on year for imports and a 3.1% average year on year increase for exports. Since 1995, Mexican demand for platinum has grown 11.3% year on year. In 2021, Mexico ranked 32nd in terms of imports, with Portugal coming in ahead at $14.4 million. The UK, Japan and Germany took second, third and fourth place in the rankings respectively. Similarly, Mexico's platinum exports have seen a 35.5% year on year increase since 1995. In 2021, the country was ranked 27th in exports, with the Netherlands ahead at $6.7 million. The UK, Russia and the US came second, third and fourth in the rankings.