HS Icon Gold in  Flag Switzerland

2020
Exports | Imports
: $68.5B | $87.4B, World Rnk 1 / 175
Flag Rnk 1 / 1208 | World Rnk 1 / 168
Flag Rnk 1 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $26.3B | $8.73B, United States |  Hong Kong

2020
ECONOMIC COMPLEXITY of Switzerland
: 1.99, Rnk 2 / 127

2020
PRODUCT COMPLEXITY  IN Gold
: -2.26, Rnk 1020 / 1029

Exports In 2020, Switzerland exported $68.5B in Gold, making it the 1st largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Switzerland. The main destination of Gold exports from Switzerland are: United States ($27.3B), India ($10.1B), United Kingdom ($6.53B), Germany ($4.99B), and Turkey ($4.71B).

The fastest growing export markets for Gold of Switzerland between 2019 and 2020 were United States ($26.3B), Turkey ($3.03B), and Germany ($2.35B).

Imports In 2020, Switzerland imported $87.4B in Gold, becoming the 1st largest importer of Gold in the world. At the same year, Gold was the 1st most imported product in Switzerland. Switzerland imports Gold primarily from: Hong Kong ($10.4B), United Arab Emirates ($8.01B), Thailand ($7.12B), United Kingdom ($6.84B), and United States ($6.44B).

The fastest growing import markets in Gold for Switzerland between 2019 and 2020 were Hong Kong ($8.73B), United States ($3.4B), and Burkina Faso ($3.02B).

Tariffs In 2019, the average tariff for Switzerland in Gold was 0.00064%. The countries with the highest import tariffs for Gold were Western Sahara (Most Favoured Nation duty rate treatement, 0.0025%), Mayotte (Most Favoured Nation duty rate treatement, 0.0025%), Reunion (Most Favoured Nation duty rate treatement, 0.0025%), Antarctica (Most Favoured Nation duty rate treatement, 0.0025%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 0.0025%).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $68.5B

IMPORTS (2020): $87.4B

NET TRADE (2020): -$18.9B

In 2020, Switzerland exported $68.5B in Gold. The main destinations of Switzerland exports on Gold were United States ($27.3B), India ($10.1B), United Kingdom ($6.53B), Germany ($4.99B), and Turkey ($4.71B).

In 2020, Switzerland imported $87.4B in Gold, mainly from Hong Kong ($10.4B), United Arab Emirates ($8.01B), Thailand ($7.12B), United Kingdom ($6.84B), and United States ($6.44B).

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Flow

THE FASTEST GROWING Gold EXPORT MARKETS FOR Switzerland WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Switzerland WERE (2019 - 2020):

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Market Concentration

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In 2020, Switzerland's main exporting competitors in Gold were:

In 2020, Switzerland's main importing competitors in Gold were:

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