Gold trade by country: top importers, exporters and prices
World trade in gold was worth $564.90 billion in 2024, about 9.8 thousand tonnes. That is an increase of 68% since 2017, and down 2% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $564.90B | 9.8K t |
| 2023 | $575.17B | 12.1K t |
| 2022 | $536.79B | 11.3K t |
| 2021 | $472.34B | 9.7K t |
| 2020 | $476.29B | 9.9K t |
| 2019 | $370.91B | 9.8K t |
| 2018 | $367.18B | 10.0K t |
| 2017 | $336.91B | 9.0K t |
Top gold exporting countries
Exports are led by Switzerland (20%), the United Arab Emirates (10%) and Hong Kong (6%). 157 countries reported exports, and the top three account for 36%.
| Exporter | Value | Share |
|---|---|---|
| Switzerland | $111.51B | 20% |
| United Arab Emirates | $58.68B | 10% |
| Hong Kong | $35.58B | 6.3% |
| Australia | $31.70B | 5.6% |
| South Africa | $29.03B | 5.1% |
| Canada | $26.99B | 4.8% |
| United States | $23.70B | 4.2% |
| Japan | $19.55B | 3.5% |
| Germany | $16.36B | 2.9% |
| China | $13.63B | 2.4% |
| United Kingdom | $12.93B | 2.3% |
| Peru | $12.90B | 2.3% |
Top importing countries and buyer markets
The largest importers are Switzerland (19%), Hong Kong (11%) and China (11%). 171 countries imported it, and the top three take 42% of the value.
| Importer | Value | Share |
|---|---|---|
| Switzerland | $110.10B | 20% |
| Hong Kong | $64.77B | 12% |
| China | $63.68B | 11% |
| United Kingdom | $59.63B | 11% |
| India | $58.45B | 10% |
| United Arab Emirates | $32.64B | 5.8% |
| United States | $25.55B | 4.5% |
| Singapore | $19.90B | 3.5% |
| Turkey | $15.36B | 2.7% |
| Thailand | $14.01B | 2.5% |
| Italy | $10.05B | 1.8% |
| Canada | $9.62B | 1.7% |
Average price per kg
The world average declared value was about $57,889.38 per kg in 2024. Among the main exporters, the United Arab Emirates averaged $78,310.34 per kg and the United States $43,799.10 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form. HS 7108 codes.
Common questions
Which countries export the most gold?
Switzerland exported $111.51 billion in 2024, 20% of the world total, followed by the United Arab Emirates (10%) and Hong Kong (6%). In all, 157 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most gold?
Switzerland imported $110.10 billion in 2024, 19% of world imports, ahead of Hong Kong (11%) and China (11%). The top three importers together take 42%. Each country with its own page is linked from the table.
How big is the world trade in gold?
It was worth $564.90 billion in 2024, about 9.8 thousand tonnes. That is an increase of 68% since 2017. The peak year was 2023 at $575.17 billion. 157 countries reported exports and 171 reported imports.
What is the average price of gold per kg?
The world average declared value was about $57,889.38 per kg in 2024. Among the main exporters, the United Arab Emirates averaged $78,310.34 per kg and the United States $43,799.10 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for gold?
The HS code for gold is heading 7108, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 7108 page.
How can I find gold buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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