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Who buys Brazil’s gold? Export destinations 2024

In 2024, Brazil exported $4.3 billion of gold (64 tonnes), 0.8% of the world total. Its main destinations were Canada (43%), Switzerland (26%) and the United Kingdom (16%). Brazil was the world’s 26th-largest exporter of gold.

Summary

Value
$4.3billion
Tonnes
64tonnes
Share of world total
0.8%
World rank
26th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Canada1.8Tonnes: 28USD per tonne: $65,558,72442.9%Air
Switzerland1.1Tonnes: 19USD per tonne: $59,361,23526.1%Air
United Kingdom0.67Tonnes: 8USD per tonne: $82,409,45615.7%Air
United States0.23Tonnes: 3USD per tonne: $77,387,6055.4%Air
United Arab Emirates0.21Tonnes: 3USD per tonne: $71,001,3264.9%Air
Germany0.16Tonnes: 2USD per tonne: $69,663,1033.7%Air
India0.03Tonnes: 0USD per tonne: $66,459,2280.7%Air
Italy0.01Tonnes: 0USD per tonne: $78,015,8840.25%Air
Barbados0.01Tonnes: 0USD per tonne: $80,159,1410.12%Air
China< 0.01Tonnes: 0USD per tonne: $77,951,5750.07%Air
Singapore re-exports< 0.01Tonnes: 0USD per tonne: $73,061,6400.04%Air
Taiwan< 0.01Tonnes: 0USD per tonne: $30,673,3330%Air
Saudi Arabia< 0.01Tonnes: 0USD per tonne: $70,159,0000%Air
Peru< 0.01Tonnes: 0USD per tonne: $60,935,0000%Land
Portugal< 0.01Tonnes: —USD per tonne: —0%Sea
Israel< 0.01Tonnes: —USD per tonne: —0%Sea
South Korea< 0.01Tonnes: —USD per tonne: —0%Sea
Czechia< 0.01Tonnes: —USD per tonne: —0%Sea
Spain< 0.01Tonnes: —USD per tonne: —0%Sea
Greece< 0.01Tonnes: —USD per tonne: —0%Sea

Trend

Who it sells to

Canada has been its main destination since 2019

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

  • Canada 1.8
  • Switzerland 1.1
  • United Kingdom 0.67
  • United States 0.23
  • United Arab Emirates 0.21

Source: CEPII BACI

Show the numbers
Partner19952024
Canada01.8
Switzerland0.21.1
United Kingdom0.020.67
United States0.270.23
United Arab Emirates00.21

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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