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Where does Germany get its gold? Import sources 2024

In 2024, Germany imported $6.2 billion of gold (104 tonnes), 1.1% of the world total. Its main sources were Switzerland (49%), Austria (15%) and Belgium (11%). Germany was the world’s 15th-largest importer of gold.

Summary

Value
$6.2billion
Tonnes
104tonnes
Share of world total
1.1%
World rank
15th
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
Switzerland3Tonnes: 40USD per tonne: $75,228,59148.7%Land
Austria0.94Tonnes: 13USD per tonne: $74,797,33415.2%Land
Belgium re-exports0.67Tonnes: 24USD per tonne: $28,010,36510.9%Land
Netherlands re-exports0.45Tonnes: 7USD per tonne: $62,772,1857.2%Land
France0.23Tonnes: 3USD per tonne: $66,978,1073.7%Land
Brazil0.16Tonnes: 2USD per tonne: $69,663,1032.6%Air
United States0.15Tonnes: 2USD per tonne: $75,195,3422.4%Air
United Kingdom0.15Tonnes: 2USD per tonne: $61,448,1802.3%Air
Portugal0.06Tonnes: 1USD per tonne: $47,673,7121%Air
Italy0.05Tonnes: 1USD per tonne: $39,343,2600.79%Air
Sweden0.04Tonnes: 1USD per tonne: $37,888,2920.59%Air
Poland0.04Tonnes: 1USD per tonne: $65,920,5410.57%Land
Luxembourg0.03Tonnes: 1USD per tonne: $47,432,2810.55%Land
Australia0.03Tonnes: 0USD per tonne: $70,911,1890.54%Air
Denmark0.03Tonnes: 0USD per tonne: $65,380,8850.51%Land
Czechia0.02Tonnes: 1USD per tonne: $26,931,3170.37%Land
Thailand0.02Tonnes: 0USD per tonne: $54,497,7150.31%Air
Canada0.02Tonnes: 0USD per tonne: $41,352,7050.29%Air
United Arab Emirates0.02Tonnes: 0USD per tonne: $82,541,9130.28%Air
Singapore re-exports0.02Tonnes: 0USD per tonne: $56,928,7460.25%Air

Trend

Who it buys from

Switzerland has been its main source since 2008

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

  • Switzerland 3
  • Austria 0.94
  • Belgium 0.67
  • Netherlands 0.45
  • France 0.23

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland0.213
Austria< 0.010.94
Belgium0.030.67
Netherlands0.110.45
France< 0.010.23

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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