Gold (unwrought) export import

Gold (unwrought) export import. Global sales from gold exported by all countries totaled US$395 billion in 2020, up in value by an average 20.8% since 2016 when worldwide gold shipments were valued at $326.9 billion.

From 2019 to 2020, the value of globally exported gold appreciated by 29%.

The 5 biggest gold exporters (Switzerland, Hong Kong, United Arab Emirates, United Kingdom, United States) were responsible for 45.9% of globally exported gold.

Among continents, Asian exporters overtook Europe to sell the most gold on international markets with shipments valued at $146.2 billion or 37% of the worldwide total. Asian exporters generated 34.2% worth of gold exports, while 10.1% worth was shipped from North America and 7.7% originated from Africa.

Gold suppliers in Latin America excluding Mexico but including the Caribbean came in at 5.9%, trailed by Oceania (5.1%) led by Australia and Papua New Guinea.

For research purposes, the 4-digit Harmonized Tariff System code prefix for unwrought or semi-manufactured gold is 7108.

Gold Exports by Country

Below are the 15 countries that exported the highest dollar value worth of gold during 2020.

  1. Switzerland: $71.7 billion (18.1%)
  2. Hong Kong: $41.3 billion (10.5%)
  3. United Arab Emirates: $26.4 billion (6.7%)
  4. United Kingdom: $21.4 billion (5.4%)
  5. United States: $20.6 billion (5.2%)
  6. Russia: $18.5 billion (4.7%)
  7. Australia: $17.4 billion (4.4%)
  8. Canada: $16 billion (4.1%)
  9. Singapore: $15.8 billion (4%)
  10. Thailand: $13.3 billion (3.4%)
  11. Germany: $8.7 billion (2.2%)
  12. Japan: $8.3 billion (2.1%)
  13. Iraq: $7.9 billion (2%)
  14. South Africa: $6.8 billion (1.7%)
  15. Italy: $6.7 billion (1.7%)

By value, the listed 15 countries shipped 76.2% of globally exported gold in 2020.

Among the top exporters, the fastest-growing gold exporters from 2019 to 2020 were: Russia (up 222.9%), Iraq (up 212.8%), Thailand (up 75.7%) and Italy (up 67.2%).

Only top exporter the United Kingdom posted a decline in its gold sales, thanks to its -8.1% drop.

For a comprehensive listing of 100 major gold exporters, please see the section Searchable List of Gold Exporting Countries below.

Олег Паладьев

Паладьев Олег Николаевич – международный эксперт по вопросам глобального предпринимательства, и развитию внешнеэкономической деятельности Персональные консультации для собственников и руководителей бизнеса (стратегические сессии, коучинг, аутсорсинг). Предпринимательская практика с 1994 года.

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