Overview: This page contains the latest trade data of Gold. In 2018, Gold were the world's 8th most traded product, with a total trade of $305B. Between 2017 and 2018 the exports of Gold decreased by -7.94%, from $331B to $305B. Trade in Gold represent 1.66% of total world trade.
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Gold were South Africa ($15.8B), Australia ($12.2B), Ghana ($10B), United States ($8.23B), and Canada ($7.93B).
In 2018, the countries that had a largest trade value in imports than in exports of Gold were China ($35.4B), India ($31.9B), Hong Kong ($14.1B), United Arab Emirates ($11.9B), and Turkey ($8.11B).
In 2018, the average tariff for importing Gold was 5.09%. The countries with the highest tariffs for importing Gold were Angola (50%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%).
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.