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Where does Canada get its gold? Import sources 2024

In 2024, Canada imported $9.3 billion of gold (233 tonnes), 1.7% of the world total. Its main sources were Peru (33%), Brazil (20%) and Japan (8%). Canada was the world’s 12th-largest importer of gold.

Summary

Value
$9.3billion
Tonnes
233tonnes
Share of world total
1.7%
World rank
12th
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
Peru3.1Tonnes: 136USD per tonne: $22,963,95633.3%Air
Brazil1.8Tonnes: 28USD per tonne: $65,558,72419.8%Air
Japan0.77Tonnes: 11USD per tonne: $69,804,4158.2%Air
Mauritania0.7Tonnes: 10USD per tonne: $73,343,0417.5%Air
United States0.49Tonnes: 7USD per tonne: $67,316,1085.3%Land
Nicaragua0.48Tonnes: 7USD per tonne: $70,091,2755.2%Air
South Africa0.45Tonnes: 5USD per tonne: $81,398,9614.8%Air
Switzerland0.34Tonnes: 5USD per tonne: $64,057,6633.7%Air
Chile0.26Tonnes: 4USD per tonne: $69,754,7352.8%Air
Mexico0.24Tonnes: 5USD per tonne: $44,539,4662.6%Air
Argentina0.24Tonnes: 5USD per tonne: $44,877,8702.6%Air
Guyana0.18Tonnes: 3USD per tonne: $62,090,8861.9%Air
Dominican Republic0.12Tonnes: 5USD per tonne: $25,336,6431.3%Air
United Kingdom0.03Tonnes: 1USD per tonne: $42,321,3950.29%Air
Spain0.02Tonnes: 0USD per tonne: $81,356,6340.17%Air
New Zealand0.01Tonnes: 0USD per tonne: $74,601,1270.14%Air
Philippines0.01Tonnes: 0USD per tonne: $82,474,9040.11%Air
Egypt0.01Tonnes: 0USD per tonne: $75,840,2090.07%Air
United Arab Emirates0.01Tonnes: 0USD per tonne: $50,314,8600.05%Air
Bolivia0.01Tonnes: 0USD per tonne: $80,690,6450.05%Air

Trend

Who it buys from

Peru has been its main source since 2021

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

  • Peru 3.1
  • Brazil 1.8
  • Japan 0.77
  • Mauritania 0.7
  • United States 0.49

Source: CEPII BACI

Show the numbers
Partner19952024
Peru03.1
Brazil01.8
Japan< 0.010.77
Mauritania00.7
United States0.120.49

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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