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Who buys Austria’s gold? Export destinations 2024

In 2024, Austria exported $1.8 billion of gold (27 tonnes), 0.3% of the world total. Germany bought 52% of the total, followed by the United Kingdom (27%) and Switzerland (6%). Austria was the world’s 38th-largest exporter of gold.

Summary

Value
$1.8billion
Tonnes
27tonnes
Share of world total
0.3%
World rank
38th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Germany939Tonnes: 13USD per tonne: $74,797,33451.8%Land
United Kingdom496Tonnes: 7USD per tonne: $69,889,22127.3%Air
Switzerland117Tonnes: 2USD per tonne: $76,776,6356.5%Land
Czechia77.1Tonnes: 1USD per tonne: $62,338,8354.3%Land
Hungary40.1Tonnes: 1USD per tonne: $48,558,0712.2%Land
Slovenia21.5Tonnes: 0USD per tonne: $57,353,9841.2%Land
Slovakia20.2Tonnes: 0USD per tonne: $63,279,8621.1%Land
Croatia18.5Tonnes: 0USD per tonne: $73,421,2861%Air
Singapore re-exports10Tonnes: 0USD per tonne: $40,796,9920.55%Air
Romania10Tonnes: 0USD per tonne: $69,755,7270.55%Air
Israel9.8Tonnes: 0USD per tonne: $69,093,1970.54%Air
Spain7.7Tonnes: 0USD per tonne: $94,684,3460.42%Air
Serbia7.5Tonnes: 0USD per tonne: $16,256,3080.41%Air
Poland7.2Tonnes: 0USD per tonne: $21,251,4070.39%Air
Bulgaria6.5Tonnes: 0USD per tonne: $70,195,4570.36%Air
Saudi Arabia3.9Tonnes: 0USD per tonne: $52,116,7160.21%Air
United Arab Emirates3.2Tonnes: 0USD per tonne: $88,938,6940.18%Air
Lithuania3.1Tonnes: 0USD per tonne: $75,094,0490.17%Air
Italy2.4Tonnes: 0USD per tonne: $6,029,6060.13%Land
France2.4Tonnes: 0USD per tonne: $9,668,9920.13%Air

Trend

Who it sells to

Germany has been its main destination since 2001

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

  • Germany 0.94
  • United Kingdom 0.5
  • Switzerland 0.12
  • Czechia 0.08
  • Hungary 0.04

Source: CEPII BACI

Show the numbers
Partner19952024
Germany< 0.010.94
United Kingdom00.5
Switzerland< 0.010.12
Czechia< 0.010.08
Hungary< 0.010.04

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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