Gold in Russia | The Observatory of Economic Complexity

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Exports In 2022, Russia exported $14.6B in Gold, making it the 8th largest exporter of Gold in the world. At the same year, Gold was the 5th most exported product in Russia. The main destination of Gold exports from Russia are: United Arab Emirates ($5.36B), Switzerland ($3.71B), United Kingdom ($2.26B), Singapore ($627M), and Hong Kong ($579M).

The fastest growing export markets for Gold of Russia between 2021 and 2022 were United Arab Emirates ($5.28B), Switzerland ($3.14B), and Hong Kong ($494M).

Imports In 2022, Russia imported $76.7M in Gold, becoming the 66th largest importer of Gold in the world. At the same year, Gold was the 411th most imported product in Russia. Russia imports Gold primarily from: Kazakhstan ($57.6M), United Arab Emirates ($17.3M), Armenia ($1.22M), Italy ($434k), and China ($92.4k).

The fastest growing import markets in Gold for Russia between 2021 and 2022 were Kazakhstan ($54.3M), United Arab Emirates ($17.3M), and Armenia ($1.11M).

Sep 2024

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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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Trade Value

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EXPORTS (2022)$14.6B

IMPORTS (2022)$76.7M

NET TRADE (2022)$14.5B

In 2022, Russia exported $14.6B in Gold. The main destinations of Russia exports on Gold were United Arab Emirates ($5.36B), Switzerland ($3.71B), United Kingdom ($2.26B), Singapore ($627M), and Hong Kong ($579M).

In 2022, Russia imported $76.7M in Gold, mainly from Kazakhstan ($57.6M), United Arab Emirates ($17.3M), Armenia ($1.22M), Italy ($434k), and China ($92.4k).