HS Icon Gold in  Flag United Kingdom

2020
Exports | Imports
: $17.2B | $83.7B, World Rnk 6 / 175
Flag Rnk 4 / 1216 | World Rnk 2 / 168
Flag Rnk 1 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.14B | $11.2B, Germany |  Russia


ECONOMIC COMPLEXITY of United Kingdom
: 1.42, Rnk 13 / 127


PRODUCT COMPLEXITY  IN Gold
: -2.54, Rnk 1021 / 1028

Exports In 2020, United Kingdom exported $17.2B in Gold, making it the 6th largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in United Kingdom. The main destination of Gold exports from United Kingdom are: Switzerland ($6.84B), United Arab Emirates ($1.96B), Germany ($1.72B), Belarus ($1.11B), and Turkey ($993M).

The fastest growing export markets for Gold of United Kingdom between 2019 and 2020 were Germany ($1.14B), Belarus ($1.11B), and Switzerland ($807M).

Imports In 2020, United Kingdom imported $83.7B in Gold, becoming the 2nd 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: Russia ($16.9B), Hong Kong ($12.2B), Canada ($9.62B), Australia ($8.25B), and Switzerland ($6.53B).

The fastest growing import markets in Gold for United Kingdom between 2019 and 2020 were Russia ($11.2B), Hong Kong ($8.24B), and Uzbekistan ($3.64B).

May 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2021 - May 2022): £3.03B, (317%)

IMPORT GROWTH (May 2021 - May 2022): £-2.34B, (-58.5%)

MAIN EXPORTER (May 2022): London Heathrow Airport, £3.71B

MAIN DESTINATION (May 2022): Switzerland, £1.36B

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.

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Historical Data

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EXPORTS (2020): $17.2B

IMPORTS (2020): $83.7B

NET TRADE (2020): -$66.6B

In 2020, United Kingdom exported $17.2B in Gold. The main destinations of United Kingdom exports on Gold were Switzerland ($6.84B), United Arab Emirates ($1.96B), Germany ($1.72B), Belarus ($1.11B), and Turkey ($993M).

In 2020, United Kingdom imported $83.7B in Gold, mainly from Russia ($16.9B), Hong Kong ($12.2B), Canada ($9.62B), Australia ($8.25B), and Switzerland ($6.53B).

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IN 2020, United Kingdom HAD A POSITIVE NET TRADE IN Gold WITH:

IN 2020, United Kingdom HAD A NEGATIVE NET TRADE IN Gold WITH:

Flow

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

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

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Market Concentration

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Flow
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In 2019, United Kingdom's main exporting competitors in Gold were:

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

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