Overview: This page contains the latest trade data of Gold. In 2019, Gold were the world's 8th most traded product, with a total trade of $341B. Between 2018 and 2019 the exports of Gold grew by 8.07%, from $316B to $341B. Trade in Gold represent 1.88% of total world trade.
Exports: In 2019 the top exporters of Gold were Switzerland ($59B), Australia ($25.4B), United Kingdom ($24B), United Arab Emirates ($21.4B), and South Africa ($16.8B).
Imports: In 2019 the top importers of Gold were United Kingdom ($65B), Switzerland ($63.5B), China ($41.5B), India ($33.8B), and United Arab Emirates ($31.8B).
Tariffs: In 2018 the average tariff for Gold was 5.09%, making it the 812th 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%), Chad (29.4%), and Uzbekistan (28.7%). 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 954th 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.