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Who buys France’s gold? Export destinations 2024

In 2024, France exported $3.1 billion of gold (60 tonnes), 0.6% of the world total. Switzerland bought 51% of the total, followed by Italy (30%) and Germany (7%). France was the world’s 34th-largest exporter of gold.

Summary

Value
$3.1billion
Tonnes
60tonnes
Share of world total
0.6%
World rank
34th
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
Switzerland1.6Tonnes: 25USD per tonne: $64,633,32751.2%Land
Italy0.94Tonnes: 19USD per tonne: $48,688,79430.2%Land
Germany0.23Tonnes: 3USD per tonne: $66,978,1077.4%Land
Spain0.15Tonnes: 5USD per tonne: $30,396,9004.8%Land
Portugal0.05Tonnes: 1USD per tonne: $67,097,9471.5%Air
Turkey0.03Tonnes: 0USD per tonne: $80,390,5550.92%Air
Belgium re-exports0.02Tonnes: 5USD per tonne: $5,132,7540.75%Land
Mauritius0.02Tonnes: 0USD per tonne: $71,658,7400.72%Air
China0.02Tonnes: 0USD per tonne: $76,829,9680.69%Air
Hong Kong re-exports0.02Tonnes: 0USD per tonne: $84,562,6330.51%Air
United States0.02Tonnes: 0USD per tonne: $76,462,6390.5%Air
United Arab Emirates0.01Tonnes: 0USD per tonne: $38,707,8000.39%Air
Thailand< 0.01Tonnes: 0USD per tonne: $63,885,1430.13%Air
Tunisia< 0.01Tonnes: 0USD per tonne: $55,241,1880.09%Air
Romania< 0.01Tonnes: 0USD per tonne: $43,514,5930.08%Air
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $28,776,3190.07%Air
United Kingdom< 0.01Tonnes: 0USD per tonne: $34,190,4000.06%Air
Singapore re-exports< 0.01Tonnes: 0USD per tonne: $2,931,1910.03%Air
Ukraine< 0.01Tonnes: 0USD per tonne: $15,242,6580.02%Air
Luxembourg< 0.01Tonnes: 0USD per tonne: $6,114,8360.01%Land

Trend

Who it sells to

Switzerland has been its main destination since 2024

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

  • Switzerland 1.6
  • Italy 0.94
  • Germany 0.23
  • Spain 0.15
  • Portugal 0.05

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland0.041.6
Italy0.020.94
Germany< 0.010.23
Spain< 0.010.15
Portugal< 0.010.05

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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