HS Icon Gold in  Flag Australia

2019
Exports | Imports
: $25.4B | $4.5B, World Rnk 2 / 174
Flag Rnk 4 / 1209 | World Rnk 15 / 179
Flag Rnk 8 / 1204

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.18B | $778M, United Kingdom |  Thailand

2019
ECONOMIC COMPLEXITY of Australia
: -0.16, Rnk 81 / 147

2019
PRODUCT COMPLEXITY  IN Gold
: -2.46, Rnk 1022 / 1029

Exports In 2019, Australia exported $25.4B in Gold, making it the 2nd largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in Australia. The main destination of Gold exports from Australia are: China ($9.57B), United Kingdom ($8.37B), Hong Kong ($3.33B), Singapore ($1.34B), and Switzerland ($1.12B).

The fastest growing export markets for Gold of Australia between 2018 and 2019 were United Kingdom ($7.18B), China ($5.01B), and Switzerland ($538M).

Imports In 2019, Australia imported $4.5B in Gold, becoming the 15th largest importer of Gold in the world. At the same year, Gold was the 8th most imported product in Australia. Australia imports Gold primarily from: Papua New Guinea ($2.52B), Thailand ($778M), New Zealand ($378M), Japan ($311M), and United States ($219M).

The fastest growing import markets in Gold for Australia between 2018 and 2019 were Thailand ($778M), Papua New Guinea ($360M), and United States ($217M).

Historical Data

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EXPORTS (2019): $25.4B

IMPORTS (2019): $4.5B

NET TRADE (2019): $20.9B

In 2019, Australia exported $25.4B in Gold. The main destinations of Australia exports on Gold were China ($9.57B), United Kingdom ($8.37B), Hong Kong ($3.33B), Singapore ($1.34B), and Switzerland ($1.12B).

In 2019, Australia imported $4.5B in Gold, mainly from Papua New Guinea ($2.52B), Thailand ($778M), New Zealand ($378M), Japan ($311M), and United States ($219M).

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IN 2019, Australia HAD A POSITIVE NET TRADE IN Gold WITH:

IN 2019, Australia HAD A NEGATIVE NET TRADE IN Gold WITH:

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THE FASTEST GROWING Gold EXPORT MARKETS FOR Australia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Australia WERE (2018 - 2019):

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Market Concentration

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In 2019, Australia's main exporting competitors in Gold were:

In 2019, Australia's main importing competitors in Gold were:

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Tariffs by Country

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In 2018, the tariffs for Gold in the imports of Australia were of 0% around the world.