Gold imports in Lebanon: data, top suppliers and prices
Lebanon imported $2.48 billion of gold in 2024 (34 tonnes). The value was almost unchanged from 2023. Over 2017-2024 the trade grew strongly, by about 45% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.48B | 34 t |
| 2023 | $2.45B | 41 t |
| 2022 | $1.12B | 21 t |
| 2021 | $697.3M | 13 t |
| 2020 | $589.1M | 11 t |
| 2019 | $486.2M | 12 t |
| 2018 | $388.6M | 14 t |
| 2017 | $187.7M | 28 t |
Where Lebanon imports gold from
The largest suppliers were Switzerland (48%), United Arab Emirates (30%), Venezuela (13%). Among the main suppliers, United Arab Emirates grew fastest (+295% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Switzerland | $1.19B | 48% |
| United Arab Emirates | $740.7M | 30% |
| Venezuela | $317.6M | 13% |
| Liberia | $136.7M | 5.5% |
| Paraguay | $43.6M | 1.8% |
| Turkey | $39.5M | 1.6% |
| United States | $3.5M | 0.1% |
| Ghana | $3.0M | 0.1% |
| Belgium | $2.3M | 0.1% |
| Jordan | $1.8M | 0.1% |
Product types under HS 7108
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 79% |
| 7108.13 | Metals: gold, semi-manufactured | 22% |
Codes and full descriptions: HS heading 7108.
Average import price per kg
The average declared value was about $72,738.21 per kg, 26% above the world average of $57,889.60. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Gold exports from Lebanon
Exports of gold by Lebanon reached $279.2 million in 2024 (4 tonnes). Most of it went to Switzerland (39%), United Arab Emirates (34%), Turkey (24%). Among the main buyer markets, Turkey grew fastest (+211% on the year before).
| Destination | Value | Share |
|---|---|---|
| Switzerland | $110.1M | 40% |
| United Arab Emirates | $96.2M | 35% |
| Turkey | $66.9M | 24% |
| Italy | $5.2M | 1.9% |
| United States | $396K | 0.1% |
| Egypt | $208K | 0.1% |
| Cyprus | $200K | 0.1% |
| Canada | $15K | 0% |
| Sweden | $10K | 0% |
| Guatemala | $3K | 0% |
Who is behind these numbers in Lebanon?
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 imported by Lebanon?
Lebanon imported gold worth $2.48 billion in 2024, the latest year with complete public data, about 34 tonnes. That ranks it 25th of 171 countries worldwide, with 0% of world imports. The value was up 1% on 2023.
Which countries supply gold to Lebanon?
Switzerland was the largest supplier with 48% of the value ($1.19 billion), followed by the United Arab Emirates (30%) and Venezuela (13%). The top three together account for 91%, out of 21 supplier countries in total. Turkey grew fastest among the top ten, up 882% on the year.
What is the average import price of gold per kg?
The average declared import value was about $72,738.21 per kg in 2024, 26% 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 imports of gold to Lebanon changed since 2017?
Imports went from $187.7 million in 2017 to $2.48 billion in 2024. 2024 was the highest year in the period. Monthly and weekly movements since then are in EximDataX.
Does Lebanon also export gold?
Yes. Lebanon exported $279.2 million worth of this product in 2024, mainly to Switzerland, the United Arab Emirates and Turkey. On balance Lebanon is a net importer of this product, by about $2.20 billion a year.
What is the HS code for gold?
The HS code for gold is heading 7108. In Lebanon the largest six-digit codes were 7108.12 (78% of the value) and 7108.13 (22%). 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 Lebanon 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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