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%).