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Who buys Argentina’s gold? Export destinations 2024

In 2024, Argentina exported $3.4 billion of gold (193 tonnes), 0.6% of the world total. Its main destinations were Switzerland (49%), the United States (23%) and India (14%). Argentina was the world’s 31st-largest exporter of gold.

Summary

Value
$3.4billion
Tonnes
193tonnes
Share of world total
0.6%
World rank
31st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 6 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Switzerland1.6Tonnes: 160USD per tonne: $10,212,93648.6%Air
United States0.77Tonnes: 10USD per tonne: $77,166,97223%Air
India0.47Tonnes: 15USD per tonne: $32,585,91114.1%Air
Canada0.24Tonnes: 5USD per tonne: $44,877,8707.2%Air
United Kingdom0.24Tonnes: 3USD per tonne: $75,874,8097.1%Air
South Korea< 0.01Tonnes: —USD per tonne: —0%Sea

Trend

Who it sells to

Switzerland has been its main destination since 2015

Value in USD billions. The five largest destinations in 2024.

  • Switzerland 1.6
  • United States 0.77
  • India 0.47
  • Canada 0.24
  • United Kingdom 0.24

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland< 0.011.6
United States0.020.77
India00.47
Canada00.24
United Kingdom00.24

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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