2023
Exports
$109BWorld Rnk 1 / 167
Flag Rnk 1 / 1211
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$111BWorld Rnk 1 / 174
Flag Rnk 1 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $109B 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: China ($30.7B), Turkey ($16.8B), India ($15.7B), Hong Kong ($9.28B), and United Arab Emirates ($7.05B).

The fastest growing export markets for Gold of Switzerland between 2022 and 2023 were Hong Kong ($6.35B), United Arab Emirates ($4.35B), and Turkey ($3.89B).

Imports In 2023, Switzerland imported $111B 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: United States ($15.3B), United Arab Emirates ($9.71B), Uzbekistan ($8.17B), Ghana ($6.41B), and Burkina Faso ($5.95B).

The fastest growing import markets in Gold for Switzerland between 2022 and 2023 were Uzbekistan ($3.9B), Australia ($2.29B), and Cote d'Ivoire ($2.16B).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
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

Trade Balance

Color
EXPORTS (2023)$109B
IMPORTS (2023)$111B
NET TRADE (2023)-$2.39B

In 2023, Switzerland exported $109B in Gold. The main destinations of Switzerland exports on Gold were China ($30.7B), Turkey ($16.8B), India ($15.7B), Hong Kong ($9.28B), and United Arab Emirates ($7.05B).

In 2023, Switzerland imported $111B in Gold, mainly from United States ($15.3B), United Arab Emirates ($9.71B), Uzbekistan ($8.17B), Ghana ($6.41B), and Burkina Faso ($5.95B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
Hong Kong$6.35B (217%)
Turkey$3.89B (30.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Switzerland WERE (2022 - 2023):
Germany-$3.71B (-57.8%)
Singapore-$2.59B (-46.8%)
Thailand-$2.34B (-42.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in Gold were:
In 2023, Switzerland's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $789M
TOP IMPORT POTENTIALGermany+ $712M

Gold’s highest export potential is Germany. With an export gap of $789M.   Gold’s highest import potential is Germany with an import gap of $712M.

See methodology.

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