Overview This page contains the latest trade data of Gold. In 2020, Gold were the world's 6th most traded product, with a total trade of $422B. Between 2019 and 2020 the exports of Gold grew by 23.8%, from $341B to $422B. Trade in Gold represent 2.52% of total world trade.
Gold are a part of Precious metals, gems and jewelry. They include Gold in unwrought forms non-monetary, Gold, semi-manufactured forms, non-monetary, and Gold powder non-monetary.
Exports In 2020 the top exporters of Gold were Switzerland ($68.5B), Hong Kong ($33B), United Arab Emirates ($28.8B), Russia ($18.7B), and Australia ($17.7B).
Imports In 2020 the top importers of Gold were Switzerland ($87.4B), United Kingdom ($83.7B), United States ($48.2B), United Arab Emirates ($38.4B), and Turkey ($23.7B).
Tariffs In 2018 the average tariff for Gold was 5.1%, making it the 818th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Gold are Angola (50%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), United Arab Emirates (0%), China (0%), and Hong Kong (0%).
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.