Global sales for gold exported by all countries totaled US$936.8 billion in 2025.

That dollar amount results from a 128.7% acceleration in value since 2021 when worldwide gold shipments were valued at $409.6 billion.

Year over year, revenues from globally exported gold sales spiked by 45.6% compared to $643.3 billion starting in 2024.

The 5 biggest gold exporters in 2025 were Switzerland, United Arab Emirates, United Kingdom, United States of America and Hong Kong. Collectively, revenues for that cohort of major gold exporters totaled nearly three-fifths (59.2%) of international gold sales.

Among continents, exporters in European countries placed first for selling the most gold on international markets with shipments valued at $347.3 billion or 37.1% of the worldwide total. In second place, exporters in Asia furnished 33.8% worth of gold exports.

Another 13% worth was shipped from North America while 6.1% originated from gold suppliers in Africa.

Providers located in Latin America excluding Mexico but including the Caribbean came in at 5.3% of worldwide gold sales, trailed by Oceania (4.7%) led by Australia, Papua New Guinea and New Zealand.

For research purposes, the 4-digit Harmonized Tariff System code prefix for unwrought or semi-manufactured gold is 7108.

Gold Exports by Country

Below are the 15 countries that exported the highest dollar value worth of gold during 2025.

1. Switzerland: US$196.8 billion (21% of global total)
2. United Arab Emirates: $113.6 billion (12.1%)
3. United Kingdom: $83 billion (8.9%)
4. United States: $80.6 billion (8.6%)
5. Hong Kong: $80.4 billion (8.6%)
6. Australia: $38.4 billion (4.1%)
7. Canada: $38 billion (4.1%)
8. mainland China: $25.3 billion (2.7%)
9. Japan: $25.3 billion (2.7%)
10. Singapore: $18.2 billion (1.9%)
11. Peru: $18 billion (1.9%)
12. Germany: $16.9 billion (1.8%)
13. Russia: $16.3 billion (1.7%)
14. Uzbekistan: $15.5 billion (1.7%)
15. Thailand: $13 billion (1.4%)

By value, the listed 15 countries shipped 83.2% of globally exported gold in 2025.

Among the top exporters, the fastest-growing gold exporters from 2024 to 2025 were: United States of America (up 171.5%), Uzbekistan (up 107.6%), mainland China (up 103.2%) and Switzerland (up 69.1%).

Russia was the lone leading supplier to record a decline via its -80% slowdown versus 2024.

For a comprehensive listing of 100 major gold exporters with pertinent statistics, please see the section below.

Searchable List of Gold Exporting Countries in 2025

You can change the presentation order by clicking the triangle icon at the top of any of the columns below. Note that an entry of 0% in the right-most column means no 2024 data was available.

Rank	Exporter	Gold Exports	2024-5
1	Switzerland	$196,812,611,000	+69.1%
2	United Arab Emirates	$113,634,492,000	+45.4%
3	United Kingdom	$83,015,319,000	+25.9%
4	United States	$80,582,977,000	+171.5%
5	Hong Kong	$80,367,136,000	+42.1%
6	Australia	$38,375,284,000	+62.9%
7	Canada	$37,985,802,000	+35.8%
8	China	$25,326,167,000	+103.2%
9	Japan	$25,318,031,000	+41.8%
10	Singapore	$18,243,544,000	+4.9%
11	Peru	$17,993,802,000	+41.8%
12	Germany	$16,903,177,000	+11.6%
13	Russia	$16,340,688,000	-8%
14	Uzbekistan	$15,533,123,000	+107.6%
15	Thailand	$13,000,731,000	+50.7%
16	Italy	$12,362,145,000	+150.3%
17	Burkina Faso	$10,126,783,000	+118.1%
18	South Africa	$9,171,410,000	+12.2%
19	Ghana	$9,154,009,000	-19.5%
20	Egypt	$7,602,332,000	+134.3%
21	Brazil	$6,578,637,000	+66.1%
22	France	$5,678,153,000	+60.1%
23	Guyana	$5,123,938,000	+435.6%
24	Spain	$4,946,129,000	+55%
25	Ivory Coast	$4,698,859,000	+49.5%
26	Zimbabwe	$4,636,740,000	+83.7%
27	Colombia	$4,615,648,000	+12.5%
28	Austria	$4,111,864,000	+99%
29	Papua New Guinea	$3,813,720,000	+967.7%
30	Mexico	$3,665,471,000	-0.3%
31	Chile	$3,405,135,000	+137.6%
32	Saudi Arabia	$3,113,464,000	+75.4%
33	Argentina	$3,071,367,000	+88.6%
34	Türkiye	$3,058,985,000	-12.1%
35	Democratic Republic Congo	$2,913,358,000	+62.5%
36	Belgium	$2,831,272,000	+127.5%
37	South Korea	$2,703,305,000	+121.6%
38	Dominican Republic	$2,467,231,000	+61.8%
39	Indonesia	$2,182,535,000	+105.5%
40	Nicaragua	$1,970,954,000	+45.6%
41	Philippines	$1,940,964,000	+41.6%
42	Malaysia	$1,720,482,000	+77.9%
43	Mauritania	$1,642,079,000	+0.3%
44	Suriname	$1,609,686,000	+60%
45	Senegal	$1,536,085,000	+65.1%
46	Taiwan	$1,468,999,000	+24.6%
47	Laos	$1,322,898,000	+85%
48	Uganda	$1,274,669,000	-62.3%
49	Mongolia	$1,240,944,000	+38%
50	Bolivia	$1,183,643,000	+72.4%
51	Ecuador	$1,138,549,000	+10.9%
52	Cambodia	$1,134,029,000	+142.4%
53	Namibia	$1,123,181,000	+43.8%
54	New Zealand	$1,066,569,000	+75.5%
55	Sweden	$1,031,458,000	+30.9%
56	India	$846,928,000	+140.2%
57	Guinea	$828,963,000	-92.6%
58	Tanzania	$825,447,000	-75.9%
59	Lebanon	$792,041,000	+184.8%
60	Tajikistan	$704,097,000	+106.5%
61	Kyrgyzstan	$682,865,000	-51.4%
62	Kazakhstan	$617,416,000	+47.6%
63	Rwanda	$519,120,000	-65.6%
64	Netherlands	$501,681,000	+11.8%
65	Estonia	$401,563,000	+123.6%
66	Jordan	$371,163,000	+151.2%
67	Portugal	$367,330,000	+76.6%
68	Nigeria	$354,635,000	+134.3%
69	Poland	$346,941,000	+54.2%
70	Norway	$343,087,000	+61.7%
71	Romania	$329,047,000	+37.3%
72	Azerbaijan	$326,198,000	+53.9%
73	Cayman Islands	$276,767,000	0%
74	Luxembourg	$267,555,000	+59.8%
75	Mali	$265,581,000	-96.3%
76	Mozambique	$243,417,000	+794.4%
77	Honduras	$221,596,000	+14.7%
78	Solomon Islands	$219,580,000	+127.2%
79	Armenia	$164,326,000	-97.1%
80	Croatia	$160,865,000	+107%
81	Czech Republic	$155,896,000	+43.2%
82	Zambia	$140,793,000	+26%
83	Costa Rica	$127,228,000	+221.2%
84	Oman	$126,055,000	-74.4%
85	Georgia	$122,291,000	+16.8%
86	Cameroon	$120,259,000	+130616%
87	Fiji	$112,485,000	+50.3%
88	Sudan	$112,091,000	-94.4%
89	Panama	$92,409,000	+173.1%
90	Slovenia	$75,037,000	+108.9%
91	Kenya	$73,279,000	+204.5%
92	Bulgaria	$63,014,000	+33.6%
93	Hungary	$61,670,000	-18%
94	Vietnam	$54,548,000	+160.2%
95	Morocco	$48,837,000	+66.4%
96	Slovakia	$42,288,000	+30.6%
97	Malta	$37,884,000	-37.6%
98	Denmark	$37,605,000	+79.1%
99	Eswatini	$32,478,000	+1518%
100	Paraguay	$31,177,000	-19.3%

The listed 100 gold exporters accounted for 99.97% of overall exported gold sales for 2025.

Drilling down on these top 100 gold suppliers, the fastest-growing exporters of gold included relatively smaller providers. These include Cameroon (up 130,616% from 2024), Eswatini (up 1,518%), Papua New Guinea (up 967.7%), Mozambique (up 794.4%) then Guyana (up 435.6%).

Countries Enjoying Greatest Surpluses Trading Gold

The following countries posted the highest positive net exports for gold during 2025. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s gold exports and its import purchases for that same commodity.

1. UAE: US$76.1 billion (reversing a -$27.2 million deficit)
2. United States: $50.4 billion (up 267% since 2024)
3. Australia: $25.3 billion (up 48.5%)
4. Japan: $24.1 billion (up 39.2%)
5. Canada: $21.6 billion (up 17.7%)
6. Peru: $18 billion (up 41.8%)
7. Russia: $16.1 billion (down -8.7%)
8. Uzbekistan: $15.1 billion (up 102.7%)
9. Burkina Faso: $10.1 billion (up 118.1%)
10. Ghana: $9.2 billion (down -19.4%)
11. South Africa: $7.8 billion (up 10.3%)
12. Egypt: $6.61 billion (up 114.6%)
13. Brazil: $6.57 billion (up 66.2%)
14. Guyana: $5.1 billion (up 435.6%)
15. Ivory Coast: $4.7 billion (up 49.5%)

The United Arab Emirates posted the highest surplus in the international trade of gold among the above top precious metal exporters in 2025. In turn, this positive cashflow confirms the UAE’s strong competitive advantage in the international trade of the popular precious metal.

Countries Incurring Biggest Deficits Trading Gold

The following countries posted the highest negative net exports for gold during 2025. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s gold import purchases and its exports for that same commodity.

1. mainland China: -US$76.9 billion (net export deficit down -14.9% since 2024)
2. United Kingdom: -$70.7 billion (up 529%)
3. India: -$58.4 billion (up 0.9%)
4. Hong Kong: -$21.4 billion (up 140.8%)
5. Türkiye: -$20.1 billion (up 47.4%)
6. Switzerland: -$11.5 billion (reversing an $11.2 billion surplus)
7. Thailand: -$8 billion (up 18.3%)
8. Saudi Arabia: -$6.8 billion (up 6.9%)
9. Qatar: -$6.5 billion (up 939.4%)
10. Azerbaijan: -$5.9 billion (up 91.5%)
11. South Korea: -$5 billion (up 361.5%)
12. Malaysia: -$2.9 billion (down -5.9%)
13. Taiwan: -$2.73 billion (up 81%)
14. Indonesia: -$2.7 billion (down -23.3%)
15. Singapore: -$2 billion (up 730.4%)

Mainland China incurred the highest deficit in the international trade of gold during 2025. In turn, this negative cashflow highlights the People’s Republic’s strong competitive disadvantage for this specific product category but also signals opportunities for gold-supplying countries that help satisfy the powerful demand among Chinese consumers and businesses.

Average Unit Prices for Top Gold Exporters

Calculated based on the top 15 exporters of gold, the average unit price for exported gold was $70.164 million per ton in 2025.

The average unit price per ton for the 25 biggest exporters of gold was US$103 million in 2025, expanding by 93.1% since 2021 and inflating via a 46.5% increase from $70.3 million for 2024.

Below, you will find the average price charged per ton of exported gold for 15 of the biggest exporters of bullion ranked by total dollar value of gold shipments.

1. Switzerland: US$108,436,700 per ton of exported gold (up 45.2% from 2024)
2. United Arab Emirates: $109,897,217 per ton (up 48.5%)
3. United Kingdom: $100,746,746 per ton (up 32.5%)
4. United States: $112,389,089 per ton (up 50.7%)
5. Hong Kong: $108,751,199 per ton (up 42.8%)
6. Canada: $109,154,603 per ton (up 44.7%)
7. mainland China: $107,770,923 per ton (up 34.9%)
8. Japan: $111,043,996 per ton (up 42.5%)
9. Singapore: $106,458,910 per ton (up 45.9%)
10. Peru: $42,238,972 per ton (up 41.8%)
11. Germany: $101,826,367 per ton (up 43.8%)
12. Russia: $115,891,404 per ton (up 125.7%)
13. Uzbekistan: $102,191,599 per ton (up 36.6%)
14. Thailand: $104,844,605 per ton (up 38.5%)
15. Italy: $103,368,466 per ton (up 56.5%)

The most expensive among the listed gold exporters ranked starting with the highest average unit price per ton are Russia, United States of America, Japan, United Arab Emirates and Canada.

The lowest unit charges per ton of exported gold originated from Peru, United Kingdom and Germany.

Major Gold Exporting Companies

Listed below are the world’s largest gold companies by market capitalization (which shifts often and dramatically due to the fact that many of these businesses are stock companies). Shown within parentheses is the country where the corporation is headquartered.

• Barrick Gold (Canada)
• Newmont Mining (United States)
• Goldcorp (Canada)
• Polyus Gold International (United Kingdom)
• AngloGold Ashanti (South Africa)
• Newcrest Mining (Australia)
• Kinross Gold (Canada)
• Gold Fields Ltd (South Africa)
• Agnico-Eagle Mines (Canada)
• Buenaventura (Peru)
• Harmony Gold (South Africa)
• Randgold Resources (Jersey)
• Yamana Gold (Canada)

 

See also Gold Imports by Country, Silver Exports by Country, Platinum Exports by Country and Palladium Exports by Country

Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on June 13, 2026

Forbes 2021 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 13, 2026

International Trade Centre , Trade Map. Accessed on June 13, 2026

Investopedia, Net Exports Definition. Accessed on June 13, 2026

Wikipedia, Gold. Accessed on June 13, 2026

Wikipedia, Largest gold companies. Accessed on June 13, 2026