Gold in United Kingdom 2019 Exports | Imports : $24B | $65B, World Rnk 3 / 174 Rnk 3 / 1214 | World Rnk 1 / 179 Rnk 1 / 1214
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.66B | $14.3B, China | Switzerland
2019 ECONOMIC COMPLEXITY of United Kingdom: 1.49, Rnk 14 / 147
2019 PRODUCT COMPLEXITY IN Gold: -2.46, Rnk 1022 / 1029
Exports In 2019, United Kingdom exported $24B in Gold, making it the 3rd 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: China ($8.23B), Switzerland ($6.04B), United Arab Emirates ($2.25B), Azerbaijan ($2.09B), and United States ($1.69B).
The fastest growing export markets for Gold of United Kingdom between 2018 and 2019 were China ($2.66B), United States ($1.64B), and Azerbaijan ($1.26B).
Imports In 2019, United Kingdom imported $65B in Gold, becoming the 1st largest importer of Gold in the world. At the same year, Gold was the 1st most imported product in United Kingdom. United Kingdom imports Gold primarily from: Switzerland ($14.9B), Canada ($9.04B), Australia ($8.37B), United States ($6.17B), and Russia ($5.75B).
The fastest growing import markets in Gold for United Kingdom between 2018 and 2019 were Switzerland ($14.3B), Australia ($7.18B), and Russia ($4.9B).
June 2021
Overview In June 2021 United Kingdom's Gold exports accounted up to £2.28B and imports accounted up to £5.97B, resulting in a negative trade balance of £3.7B. Between June 2020 and June 2021 the exports of United Kingdom's Gold have increased by £1.04B (84.2%) from £1.24B to £2.28B, while imports decreased by £-578M (-8.83%) from £6.55B to £5.97B.
Destinations In June 2021, Gold were exported mostly to Hungary (£859M), Switzerland (£712M), Austria (£247M), Germany (£223M), and United Arab Emirates (£163M), and were imported mostly from Switzerland (£1.48B), Russia (£1.15B), Kazakhstan (£631M), United States (£613M), and Canada (£493M).
Growth In June 2021, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to Austria (£247M or 19.1M%), United Arab Emirates (£162M or 39.3k%), and Spain (£53.1M or 338%). In June 2021, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (£-1.03B or -94.7%), Australia (£-768M or -75.5%), and Canada (£-474M or -49%).
EXPORT GROWTH (June 2020 - June 2021): £1.04B, (84.2%)
IMPORT GROWTH (June 2020 - June 2021): £-578M, (-8.83%)
MAIN EXPORTER (June 2021): London Heathrow Airport, £1.17B
MAIN DESTINATION (June 2021): Hungary, £859M
This section shows Gold's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Gold over time.
For full datasets download visit Bulk Download page.
EXPORTS (2019): $24B
IMPORTS (2019): $65B
NET TRADE (2019): -$41B
In 2019, United Kingdom exported $24B in Gold. The main destinations of United Kingdom exports on Gold were China ($8.23B), Switzerland ($6.04B), United Arab Emirates ($2.25B), Azerbaijan ($2.09B), and United States ($1.69B).
In 2019, United Kingdom imported $65B in Gold, mainly from Switzerland ($14.9B), Canada ($9.04B), Australia ($8.37B), United States ($6.17B), and Russia ($5.75B).
IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Gold WITH:
IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Gold WITH:
THE FASTEST GROWING Gold EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY United Kingdom WERE (2018 - 2019):
In 2019, United Kingdom's main exporting competitors in Gold were:
In 2019, United Kingdom's main importing competitors in Gold were: