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 2022, Gold were the world's 7th most traded product, with a total trade of $478B. Between 2021 and 2022 the exports of Gold grew by 9.38%, from $437B to $478B. Trade in Gold represent 2.02% 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 2022 the top exporters of Gold  were Switzerland ($101B), United States ($37.5B), United Arab Emirates ($32.8B), United Kingdom ($32.1B), and South Africa ($22.7B).

Imports In 2022 the top importers of Gold were Switzerland ($94.9B), China ($67.6B), United Arab Emirates ($57.1B), United Kingdom ($38.7B), and India ($35.8B).

Ranking Gold ranks 1026th 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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Switzerland$101B
Top Destination (2022)Switzerland$94.9B

In 2022 Gold were the world's 7th most traded product (out of 1,218).

In 2022, the top exporters of Gold were Switzerland ($101B), United States ($37.5B), United Arab Emirates ($32.8B), United Kingdom ($32.1B), and South Africa ($22.7B).

In 2022, the top importers of Gold were Switzerland ($94.9B), China ($67.6B), United Arab Emirates ($57.1B), United Kingdom ($38.7B), and India ($35.8B).

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Exporters of Gold (2022)
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Importers of Gold (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$14.6B
Top Destination Growth (2021 -  2022)China$32B

Between 2021 and 2022, the exports of Gold grew the fastest in Switzerland ($14.6B), United States ($10.9B), Philippines ($7.58B), Kazakhstan ($5.73B), and Ghana ($4.24B).

Between 2021 and 2022, the fastest growing importers of Gold were China ($32B), Turkey ($14B), United Arab Emirates ($11.1B), Switzerland ($10.6B), and Thailand ($2.97B).

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Exporters of Gold (2021 - 2022)

Importers of Gold (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.9. This means that most of the exports of Gold are explained by 29 countries.

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Value of Exports in Gold

Net Trade

TOP NET EXPORTER (2022)South Africa$20.3B
TOP NET IMPORTER (2022)China$62.5B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Gold were South Africa ($20.3B), United States ($18.8B), Russia ($14.5B), Australia ($12.5B), and Japan ($10.6B).

In 2022, the countries that had a largest trade value in imports than in exports of Gold were China ($62.5B), India ($35.7B), United Arab Emirates ($24.3B), Turkey ($17.7B), and Hong Kong ($15B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Gold, disaggragated by their HS6 level were Gold in unwrought forms non-monetary ($372B), Gold, semi-manufactured forms, non-monetary ($105B), and Gold powder non-monetary ($800M)

HS6 Disaggregation for Gold (2022)
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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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $789M
TOP IMPORT POTENTIALGermany+ $712M

Gold’s highest export potential is Germany. With an export gap of $789M.  Gold’s highest import potential is Germany with an import gap of $712M.

See methodology.

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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 (2022)

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 (2022)

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