🇦🇪 United Arab Emirates exports of gold: 2024 trade data
The United Arab Emirates exported $58.68 billion of gold in 2024 (749 tonnes). It ranks 2nd of 157 countries for exports of this product. That is 25% more than in 2023. Over 2017-2024 the trade grew strongly, by about 17% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of gold by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $58.68B | 749 t |
| 2023 | $47.07B | 801 t |
| 2022 | $31.34B | 586 t |
| 2021 | $32.48B | 663 t |
| 2020 | $28.69B | 980 t |
| 2019 | $20.28B | 822 t |
| 2018 | $16.84B | 424 t |
| 2017 | $19.80B | 496 t |
Where the United Arab Emirates exports gold to
Most of it went to India (27%), Hong Kong (27%), Switzerland (21%). Among the main buyer markets, Thailand grew fastest (+327% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇳 India | $16.11B | 28% |
| 🇭🇰 Hong Kong | $15.84B | 27% |
| 🇨🇭 Switzerland | $12.38B | 21% |
| 🇹🇷 Turkey | $5.45B | 9.3% |
| 🇸🇦 Saudi Arabia | $2.84B | 4.8% |
| 🇲🇾 Malaysia | $878.1M | 1.5% |
| 🇹🇭 Thailand | $838.4M | 1.4% |
| 🇸🇬 Singapore | $792.3M | 1.4% |
| 🇰🇼 Kuwait | $743.4M | 1.3% |
| 🇱🇧 Lebanon | $740.7M | 1.3% |
Types of gold under HS 7108
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 97% |
| 7108.13 | Metals: gold, semi-manufactured | 2.4% |
| 7108.11 | Metals: gold, non-monetary, powder | 0.3% |
Codes and full descriptions: HS heading 7108.
Average export price of gold
The average declared value was about $78,308.35 per kg, 35% 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.
The United Arab Emirates also imports gold
The United Arab Emirates imported $32.64 billion of gold in 2024 (462 tonnes). It ranks 6th of 171 countries for imports of this product. Most of the value came from Switzerland (22%), Armenia (12%), United Kingdom (9%). Trade is spread widely: the top three suppliers together make up only 43%. Among the main suppliers, United Kingdom grew fastest (+209% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $7.05B | 22% |
| 🇦🇲 Armenia | $3.99B | 12% |
| 🇬🇧 United Kingdom | $2.92B | 8.9% |
| 🇺🇬 Uganda | $2.53B | 7.8% |
| 🇿🇼 Zimbabwe | $2.46B | 7.5% |
| 🇪🇬 Egypt | $2.05B | 6.3% |
| 🇵🇪 Peru | $1.90B | 5.8% |
| 🇭🇰 Hong Kong | $1.79B | 5.5% |
| 🇹🇷 Turkey | $1.67B | 5.1% |
| 🇧🇫 Burkina Faso | $1.44B | 4.4% |
Who is behind these numbers in the United Arab Emirates?
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.
Gold trade in the United Arab Emirates: questions
What is the value of gold imported by the United Arab Emirates?
The United Arab Emirates imported gold worth $32.64 billion in 2024 (462 tonnes).
Where does the United Arab Emirates import gold from?
The main supplier countries in 2024 were Switzerland (22%), Armenia (12%), United Kingdom (9%).
What is the average import price of gold in the United Arab Emirates?
The average declared import value was about $70,629.44 per kg in 2024, against a world average of $57,889.60 per kg.
Does the United Arab Emirates export gold?
Yes. The United Arab Emirates exported gold worth $58.68 billion in 2024, mainly to India, Hong Kong, Switzerland.
What is the HS code for gold?
Gold falls under HS heading 7108 (Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form). The six-digit codes under it split the product by type.
How can I find the companies trading gold with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Gold trade in other countries
More trade data for the United Arab Emirates
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