Gold imports in Turkey: data, top suppliers and prices
In 2024, Turkey imported gold worth $15.36 billion (236 tonnes). It ranks 9th of 171 countries for imports of this product. Value fell 47% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2023, at $28.76 billion.
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 | $15.36B | 237 t |
| 2023 | $28.76B | 501 t |
| 2022 | $19.52B | 397 t |
| 2021 | $5.23B | 115 t |
| 2020 | $24.67B | 505 t |
| 2019 | $11.86B | 298 t |
| 2018 | $12.60B | 303 t |
| 2017 | $18.06B | 443 t |
Where Turkey imports gold from
The largest suppliers were Switzerland (50%), United Arab Emirates (36%), United Kingdom (4%). Among the main suppliers, United Kingdom grew fastest (+107% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Switzerland | $7.62B | 50% |
| United Arab Emirates | $5.45B | 36% |
| United Kingdom | $675.3M | 4.4% |
| United States | $301.6M | 2% |
| Peru | $209.6M | 1.4% |
| Italy | $142.3M | 0.9% |
| Egypt | $86.3M | 0.6% |
| Australia | $73.9M | 0.5% |
| Lebanon | $66.9M | 0.4% |
| Hong Kong | $64.1M | 0.4% |
Product types under HS 7108
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 94% |
| 7108.13 | Metals: gold, semi-manufactured | 5.6% |
| 7108.11 | Metals: gold, non-monetary, powder | 0.4% |
Codes and full descriptions: HS heading 7108.
Average import price per kg
The average declared value was about $64,933.81 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 exports from Turkey
Exports of gold by Turkey reached $4.45 billion in 2024 (63 tonnes). Its share of world exports was 1%. Most of it went to United Kingdom (38%), United Arab Emirates (37%), India (6%). Among the main buyer markets, United Kingdom grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| United Kingdom | $1.69B | 38% |
| United Arab Emirates | $1.67B | 37% |
| India | $268.8M | 6% |
| Switzerland | $251.0M | 5.6% |
| Bolivia | $143.0M | 3.2% |
| Italy | $89.2M | 2% |
| Malaysia | $61.1M | 1.4% |
| Georgia | $49.9M | 1.1% |
| United States | $42.3M | 1% |
| Lebanon | $39.5M | 0.9% |
Who is behind these numbers in Turkey?
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.
Direct customs feed: shipment-level records from the official customs source.
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 Turkey?
Turkey imported gold worth $15.36 billion in 2024, the latest year with complete public data, about 236 tonnes. That ranks it 9th of 171 countries worldwide, with 3% of world imports. The value was down 47% on 2023.
Which countries supply gold to Turkey?
Switzerland was the largest supplier with 50% of the value ($7.62 billion), followed by the United Arab Emirates (36%) and the United Kingdom (4%). The top three together account for 90%, out of 67 supplier countries in total. Lebanon grew fastest among the top ten, up 211% on the year.
What is the average import price of gold per kg?
The average declared import value was about $64,933.81 per kg in 2024, 12% 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 Turkey changed since 2017?
Imports went from $18.06 billion in 2017 to $15.36 billion in 2024, a fall of 15%. The peak was 2023 at $28.76 billion. Monthly and weekly movements since then are in EximDataX.
Does Turkey also export gold?
Yes. Turkey exported $4.45 billion worth of this product in 2024, mainly to the United Kingdom, the United Arab Emirates and India. On balance Turkey is a net importer of this product, by about $10.91 billion a year.
What is the HS code for gold?
The HS code for gold is heading 7108. In Turkey the largest six-digit codes were 7108.12 (94% of the value) and 7108.13 (6%). 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 has a direct customs feed for Turkey with shipment-level records, updated weekly, so you can see importers and exporters by name with dates, quantities and declared values. Tell us your product and we will show you the latest records on a live call.
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