Exports In 2020, Russia exported $18.7B in Gold, making it the 4th largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in Russia. The main destination of Gold exports from Russia are: United Kingdom ($16.9B), Switzerland ($693M), Kazakhstan ($424M), Turkey ($380M), and India ($96.6M).
The fastest growing export markets for Gold of Russia between 2019 and 2020 were United Kingdom ($11.2B), Switzerland ($563M), and Turkey ($331M).
Imports In 2020, Russia imported $536M in Gold, becoming the 29th largest importer of Gold in the world. At the same year, Gold was the 117th most imported product in Russia. Russia imports Gold primarily from: Uzbekistan ($483M), Switzerland ($25.2M), Belarus ($13.1M), Thailand ($5.66M), and United Arab Emirates ($5.22M).
The fastest growing import markets in Gold for Russia between 2019 and 2020 were Uzbekistan ($483M), Switzerland ($25.2M), and Belarus ($6.42M).
Tariffs In 2018, the average tariff for Russia in Gold was 9.84%. The countries with the highest import tariffs for Gold were Angola (Most Favoured Nation duty rate treatement, 10.3%), Burundi (Most Favoured Nation duty rate treatement, 10.3%), Benin (Most Favoured Nation duty rate treatement, 10.3%), Burkina Faso (Most Favoured Nation duty rate treatement, 10.3%), and Botswana (Most Favoured Nation duty rate treatement, 10.3%).