United Kingdom
In 2021, the UK exported $29.7 billion worth of gold, which was about 15% of the global total.
- The main destinations for UK gold exports were Switzerland, the United Arab Emirates, Germany, Singapore, and Spain.
- The UK’s gold exports are mainly in the form of semi-manufactured gold, such as bars, coins, and jewellery. The UK also exports a significant amount of gold waste and scrap.
- The UK’s gold exports are an important part of the UK economy. In 2021, gold exports contributed £29.7 billion to the UK economy.
- The UK government is committed to supporting the UK gold industry. The government has a number of policies in place to support the industry, such as the Gold Bullion Trading Tax Relief.
Top 10 Gold Exporting Countries
Switzerland is the world’s largest gold exporter, accounting for 23% of global gold exports in 2022. The United Kingdom is the second-largest gold exporter, accounting for 16.7% of global gold exports in 2022. The United States is the third-largest gold exporter, accounting for 8.5% of global gold exports in 2022.
In this article, we will look into the list of the top 10 gold exporting countries along with their export value.