Gold exports from Egypt: data, top buyers and prices
In 2024, Egypt exported gold worth $3.34 billion (50 tonnes). Its share of world exports was 1%. That is 68% more than in 2023. Over 2017-2024 the trade grew strongly, by about 18% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $3.34B | 50 t |
| 2023 | $1.99B | 35 t |
| 2022 | $1.76B | 33 t |
| 2021 | $1.11B | 21 t |
| 2020 | $3.15B | 62 t |
| 2019 | $2.03B | 52 t |
| 2018 | $1.65B | 45 t |
| 2017 | $1.06B | 28 t |
Where Egypt exports gold to
One buyer market dominates: United Arab Emirates accounted for 61% of the value. Among the main buyer markets, Switzerland grew fastest (+165% on the year before).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $2.05B | 61% |
| Switzerland | $1.17B | 35% |
| Turkey | $86.3M | 2.6% |
| Italy | $18.1M | 0.5% |
| Canada | $6.9M | 0.2% |
| Saudi Arabia | $2.6M | 0.1% |
| China | $402K | 0% |
| Jordan | $210K | 0% |
Product types under HS 7108
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 100% |
| 7108.13 | Metals: gold, semi-manufactured | 0.1% |
Codes and full descriptions: HS heading 7108.
Average export price per kg
The average declared value was about $66,297.43 per kg, close to the world average of $57,889.60.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Gold imports to Egypt
In 2024, Egypt imported gold worth $170.2 million (2 tonnes). United Arab Emirates alone supplied 59% of it. Among the main suppliers, Switzerland grew fastest (+124% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United Arab Emirates | $99.6M | 59% |
| Switzerland | $47.4M | 28% |
| Sudan | $17.4M | 10% |
| Italy | $2.4M | 1.4% |
| Kuwait | $1.7M | 1% |
| Jordan | $1.4M | 0.8% |
| Lebanon | $208K | 0.1% |
| Denmark | $39K | 0% |
| Turkey | $38K | 0% |
| Germany | $27K | 0% |
Who is behind these numbers in Egypt?
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.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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.
Common questions
What is the value of gold exported by Egypt?
Egypt exported gold worth $3.34 billion in 2024, the latest year with complete public data, about 50 tonnes. That ranks it 32nd of 157 countries worldwide, with 1% of world exports. The value was up 68% on 2023.
Which countries buy gold from Egypt?
The United Arab Emirates was the largest buyer with 61% of the value ($2.05 billion), followed by Switzerland (35%) and Turkey (3%). The top three together account for 99%, out of 8 buyer countries in total. China grew fastest among the top ten, up 581% on the year.
What is the average export price of gold per kg?
The average declared export value was about $66,297.43 per kg in 2024, 15% above the world average of $57,889.60 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have exports of gold from Egypt changed since 2017?
Exports went from $1.06 billion in 2017 to $3.34 billion in 2024, an increase of 215%. 2024 was the highest year in the period. Monthly and weekly movements since then are in EximDataX.
Does Egypt also import gold?
Yes. Egypt imported $170.2 million worth of this product in 2024, mainly from the United Arab Emirates, Switzerland and Sudan. On balance Egypt is a net exporter of this product, by about $3.17 billion a year.
What is the HS code for gold?
The HS code for gold is heading 7108. In Egypt the largest six-digit codes were 7108.12 (100% of the value) and 7108.13 (0%). It sits in HS chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The full list of codes and descriptions is on the HS 7108 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX rebuilds Egypt trade from the customs records of its trading partners, updated weekly, so you can see the companies that ship to and from it. Tell us your product and we will show you the latest records on a live call.
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