Gold powder trade by country: top importers, exporters and prices
World trade in gold powder was worth $946.9 million in 2024, about 12 tonnes. That is an increase of 363% since 2017, and down 42% 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 | $946.9M | 12 t |
| 2023 | $1.63B | 30 t |
| 2022 | $802.9M | 39 t |
| 2021 | $313.0M | 7 t |
| 2020 | $411.1M | 12 t |
| 2019 | $323.6M | 10 t |
| 2018 | $187.5M | 7 t |
| 2017 | $204.4M | 9 t |
Top gold powder exporting countries
Exports are led by the United Arab Emirates (20%), Japan (19%) and Nigeria (15%). 56 countries reported exports, and the top three account for 55%.
| Exporter | Value | Share |
|---|---|---|
| United Arab Emirates | $193.7M | 21% |
| Japan | $181.9M | 19% |
| Nigeria | $145.9M | 15% |
| Malaysia | $99.1M | 11% |
| Portugal | $70.9M | 7.5% |
| Malta | $57.1M | 6% |
| United States | $45.9M | 4.9% |
| Singapore | $38.6M | 4.1% |
| Thailand | $32.2M | 3.4% |
| France | $24.6M | 2.6% |
| Vietnam | $14.0M | 1.5% |
| Germany | $11.2M | 1.2% |
Top importing countries and buyer markets
Canada is the biggest buyer with 19% of world imports, ahead of Switzerland and Japan. Demand is spread widely: the top three take 48% across 81 importing countries.
| Importer | Value | Share |
|---|---|---|
| Canada | $178.5M | 19% |
| Switzerland | $141.0M | 15% |
| Japan | $135.0M | 14% |
| Malaysia | $88.4M | 9.3% |
| India | $68.8M | 7.3% |
| Hong Kong | $68.6M | 7.3% |
| Italy | $67.8M | 7.2% |
| Turkey | $57.5M | 6.1% |
| Singapore | $40.3M | 4.3% |
| Portugal | $17.7M | 1.9% |
| France | $15.7M | 1.7% |
| United States | $10.9M | 1.2% |
Average price per kg
The world average declared value was about $76,985.93 per kg in 2024. Among the main exporters, Malaysia averaged $78,200.97 per kg and Portugal $66,275.76 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.
Related product types
Who is behind these numbers in this market?
The shipment records behind Gold powder (HS 7108.11) importers and exporters, worldwide: companies, dates, quantities and declared values.
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 7108.11: Metals: gold, non-monetary, powder. HS 7108 codes.
Common questions
Which countries export the most gold powder?
The United Arab Emirates exported $193.7 million in 2024, 20% of the world total, followed by Japan (19%) and Nigeria (15%). In all, 56 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most gold powder?
Canada imported $178.5 million in 2024, 19% of world imports, ahead of Switzerland (15%) and Japan (14%). The top three importers together take 48%. Each country with its own page is linked from the table.
How big is the world trade in gold powder?
It was worth $946.9 million in 2024, about 12 tonnes. That is an increase of 363% since 2017. The peak year was 2023 at $1.63 billion. 56 countries reported exports and 81 reported imports.
What is the average price of gold powder per kg?
The world average declared value was about $76,985.93 per kg in 2024. Among the main exporters, Malaysia averaged $78,200.97 per kg and Portugal $66,275.76 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 powder?
The HS code for gold powder is subheading 7108.11, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7108 page.
How can I find gold powder buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show gold powder buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
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