Gold in United Kingdom

EXPORTS (2018): $25.8B, World Rnk 2 / 166
Flag Rnk 3 / 1215

TOP DESTINATION (2018): $18B, Switzerland

FASTEST GROWING IN MARKET (2017 - 2018): $5.39B, Switzerland

IMPORTS (2018): $25.4B, World Rnk 6 / 142
Flag Rnk 2 / 1212

TOP ORIGIN (2018): $8.14B, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $5.92B, Canada

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

PRODUCT COMPLEXITY  IN Gold (2018): -2.33, Rnk 1009 / 1018

Exports: In 2018, United Kingdom exported $25.8B in Gold, making it the 2nd largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in United Kingdom. The main destination of Gold exports from United Kingdom are: Switzerland ($18B), Turkey ($2.78B), United Arab Emirates ($1.99B), Azerbaijan ($830M), and Singapore ($613M).

The fastest growing export markets for Gold of United Kingdom between 2017 and 2018 were Switzerland ($5.39B), Turkey ($2.33B), and United Arab Emirates ($1.25B).

Imports: In 2018, United Kingdom imported $25.4B in Gold, becoming the 6th largest importer of Gold in the world. At the same year, Gold was the 2nd most imported product in United Kingdom. United Kingdom imports Gold primarily from: Canada ($8.14B), South Africa ($3.95B), United States ($3.5B), Kyrgyzstan ($1.32B), and Australia ($1.18B).

The fastest growing import markets in Gold for United Kingdom between 2017 and 2018 were Canada ($5.92B), Kyrgyzstan ($1B), and Turkey ($778M).

Value

EXPORTS (2018): $25.8B

IMPORTS (2018): $25.4B

NET TRADE (2018): $416M

In 2018, United Kingdom exported $25.8B in Gold. The main destinations of United Kingdom exports on Gold were Switzerland ($18B), Turkey ($2.78B), United Arab Emirates ($1.99B), Azerbaijan ($830M), and Singapore ($613M).

In 2018, United Kingdom imported $25.4B in Gold, mainly from Canada ($8.14B), South Africa ($3.95B), United States ($3.5B), Kyrgyzstan ($1.32B), and Australia ($1.18B).

IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Gold WITH:

  • Switzerland, $17.5B ($18B - $566M)
  • United Arab Emirates, $1.83B ($1.99B - $165M)
  • Turkey, $1.64B ($2.78B - $1.14B)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Gold WITH:

  • Canada, -$8.14B ($883k - $8.14B)
  • South Africa, -$3.93B ($12.7M - $3.95B)
  • United States, -$3.46B ($46.4M - $3.5B)
Flow

THE FASTEST GROWING Gold EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY United Kingdom WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Gold were:

In 2018, United Kingdom's main importing competitors in Gold were:

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Gold in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts