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Where does Australia get its gold? Import sources 2024

In 2024, Australia imported $6.5 billion of gold (101 tonnes), 1.2% of the world total. Its main sources were Papua New Guinea (38%), the United States (18%) and New Zealand (8%). Australia was the world’s 14th-largest importer of gold.

Summary

Value
$6.5billion
Tonnes
101tonnes
Share of world total
1.2%
World rank
14th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Papua New Guinea2.5Tonnes: 38USD per tonne: $66,085,69438.2%Air
United States1.2Tonnes: 18USD per tonne: $66,865,33118.1%Air
New Zealand0.52Tonnes: 10USD per tonne: $52,904,6368%Air
Laos0.41Tonnes: 6USD per tonne: $66,080,1066.4%Air
Canada0.41Tonnes: 7USD per tonne: $58,379,9376.3%Air
South Africa0.34Tonnes: 5USD per tonne: $66,085,6065.2%Air
Cambodia0.28Tonnes: 4USD per tonne: $65,823,7284.3%Air
Mali0.22Tonnes: 3USD per tonne: $66,085,5113.3%Air
Senegal0.2Tonnes: 3USD per tonne: $71,447,2733%Air
Switzerland0.13Tonnes: 2USD per tonne: $64,445,4902%Air
Solomon Islands0.08Tonnes: 1USD per tonne: $66,094,5031.3%Air
Fiji0.08Tonnes: 1USD per tonne: $67,473,7411.2%Air
China0.05Tonnes: 1USD per tonne: $66,057,1740.8%Air
Philippines0.05Tonnes: 1USD per tonne: $66,854,6050.75%Air
United Arab Emirates0.03Tonnes: 0USD per tonne: $65,511,3500.5%Air
Singapore re-exports0.01Tonnes: 0USD per tonne: $66,967,1760.22%Air
Hong Kong re-exports0.01Tonnes: 0USD per tonne: $65,311,7830.14%Air
Thailand0.01Tonnes: 0USD per tonne: $66,037,0720.13%Air
Germany0.01Tonnes: 0USD per tonne: $58,268,0160.11%Air
United Kingdom0.01Tonnes: 0USD per tonne: $61,328,6170.1%Air

Trend

Who it buys from

Papua New Guinea has been its main source since 2000

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

  • Papua New Guinea 2.5
  • United States 1.2
  • New Zealand 0.52
  • Laos 0.41
  • Canada 0.41

Source: CEPII BACI

Show the numbers
Partner19952024
Papua New Guinea0.32.5
United States< 0.011.2
New Zealand0.180.52
Laos00.41
Canada00.41

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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