Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form

7108 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Gold. In 2021, Gold were the world's 7th most traded product, with a total trade of $434B. Between 2020 and 2021 the exports of Gold grew by 2.14%, from $425B to $434B. Trade in Gold represent 2.06% of total world trade.

Gold are a part of Precious stones, metals, & pearls. They include Gold in unwrought forms non-monetary, Gold, semi-manufactured forms, non-monetary, and Gold powder non-monetary.

Exports In 2021 the top exporters of Gold  were Switzerland ($86.7B), United Arab Emirates ($32.8B), United Kingdom ($29.7B), United States ($26.6B), and South Africa ($20.1B).

Imports In 2021 the top importers of Gold were Switzerland ($83.8B), India ($58.4B), United Kingdom ($53.9B), United Arab Emirates ($46B), and China ($34.2B).

Ranking Gold ranks 1018th in the Product Complexity Index (PCI).

Description Gold is a precious metal that is used in jewelry, electronics, and other products. It's also used in the production of dental alloys.

Latest Data

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The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)Switzerland$86.7B
Top Destination (2021)Switzerland$83.8B

In 2021 Gold were the world's 7th most traded product (out of 1,217).

In 2021, the top exporters of Gold were Switzerland ($86.7B), United Arab Emirates ($32.8B), United Kingdom ($29.7B), United States ($26.6B), and South Africa ($20.1B).

In 2021, the top importers of Gold were Switzerland ($83.8B), India ($58.4B), United Kingdom ($53.9B), United Arab Emirates ($46B), and China ($34.2B).

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Exporters of Gold (2021)
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Importers of Gold (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Switzerland$18.2B
Top Destination Growth (2020 -  2021)India$36.3B

Between 2020 and 2021, the exports of Gold grew the fastest in Switzerland ($18.2B), United Kingdom ($12.6B), United States ($10.2B), South Africa ($7.06B), and Singapore ($6.39B).

Between 2020 and 2021, the fastest growing importers of Gold were India ($36.3B), China ($26.1B), Cambodia ($9.45B), United Arab Emirates ($7.69B), and Hong Kong ($7.43B).

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Exporters of Gold (2020 - 2021)

Importers of Gold (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gold.

In 2021, market concentration measured using Shannon Entropy, was 4.92. This means that most of the exports of Gold are explained by 30 countries.

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Value of Exports in Gold

Net Trade

TOP NET EXPORTER (2021)Russia$19B
TOP NET IMPORTER (2021)India$58.1B

This map shows which countries export or import more of Gold. Each country is colored based on the difference in exports and imports of Gold during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Gold were Russia ($19B), South Africa ($18.6B), Australia ($11.8B), Mali ($9.02B), and Canada ($8.11B).

In 2021, the countries that had a largest trade value in imports than in exports of Gold were India ($58.1B), China ($30.9B), United Kingdom ($24.2B), Hong Kong ($13.3B), and United Arab Emirates ($13.2B).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Gold, disaggragated by their HS6 level were Gold in unwrought forms non-monetary ($350B), Gold, semi-manufactured forms, non-monetary ($83.7B), and Gold powder non-monetary ($348M)

HS6 Disaggregation for Gold (2021)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Gold.
It is possible to select the main countries that export or import Gold in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gold by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2021)

Country by Relatedness

The following visualization shows the relatedness of Gold to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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