๐บ๐ธ United States imports of gold: 2024 trade data
The United States imported $25.55 billion of gold in 2024 (356 tonnes). That makes it the 7th largest importer of this product worldwide, out of 171 countries. Value rose 19% on 2023. Over 2017-2024 the trade grew strongly, by about 12% a year on average. The peak in this period was 2020, at $45.67 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of gold by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $25.55B | 357 t |
| 2023 | $21.38B | 416 t |
| 2022 | $16.43B | 421 t |
| 2021 | $18.08B | 417 t |
| 2020 | $45.67B | 889 t |
| 2019 | $10.84B | 253 t |
| 2018 | $10.01B | 248 t |
| 2017 | $11.43B | 292 t |
Where the United States imports gold from
The largest suppliers were Switzerland (34%), Canada (22%), Mexico (10%). Among the main suppliers, Switzerland grew fastest (+292% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐จ๐ญ Switzerland | $8.61B | 34% |
| ๐จ๐ฆ Canada | $5.68B | 22% |
| ๐ฒ๐ฝ Mexico | $2.60B | 10% |
| ๐จ๐ด Colombia | $1.54B | 6% |
| ๐ฌ๐ง United Kingdom | $1.27B | 5% |
| ๐ฆ๐บ Australia | $1.15B | 4.5% |
| ๐ณ๐ฎ Nicaragua | $784.8M | 3.1% |
| ๐ฆ๐ท Argentina | $771.9M | 3% |
| ๐ฟ๐ฆ South Africa | $682.3M | 2.7% |
| ๐ต๐ช Peru | $585.6M | 2.3% |
Types of gold under HS 7108
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 81% |
| 7108.13 | Metals: gold, semi-manufactured | 19% |
| 7108.11 | Metals: gold, non-monetary, powder | 0% |
Codes and full descriptions: HS heading 7108.
Average import price of gold
The average declared value was about $71,661.78 per kg, 24% 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 States also exports gold
Exports of gold by the United States reached $23.70 billion in 2024 (541 tonnes). It ranks 7th of 157 countries for exports of this product. One buyer market dominates: Switzerland accounted for 51% of the value. Among the main buyer markets, Singapore grew fastest (+225% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐จ๐ญ Switzerland | $12.17B | 51% |
| ๐ฌ๐ง United Kingdom | $2.41B | 10% |
| ๐ฎ๐ณ India | $1.66B | 7% |
| ๐ธ๐ฌ Singapore | $1.58B | 6.7% |
| ๐ฆ๐บ Australia | $1.16B | 4.9% |
| ๐ฆ๐ฟ Azerbaijan | $1.06B | 4.5% |
| ๐ฆ๐ช United Arab Emirates | $935.8M | 4% |
| ๐ญ๐ฐ Hong Kong | $592.7M | 2.5% |
| ๐จ๐ฆ Canada | $537.6M | 2.3% |
| ๐ฎ๐น Italy | $368.6M | 1.6% |
Who is behind these numbers in the United States?
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.
Gold trade in the United States: questions
What is the value of gold imported by the United States?
The United States imported gold worth $25.55 billion in 2024 (356 tonnes).
Where does the United States import gold from?
The main supplier countries in 2024 were Switzerland (34%), Canada (22%), Mexico (10%).
What is the average import price of gold in the United States?
The average declared import value was about $71,661.78 per kg in 2024, against a world average of $57,889.60 per kg.
Does the United States export gold?
Yes. The United States exported gold worth $23.70 billion in 2024, mainly to Switzerland, United Kingdom, India.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Gold trade in other countries
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