globaltraffic.earth

Where does Hong Kong get its gold? Import sources 2024

In 2024, Hong Kong imported $65.5 billion of gold (897 tonnes), 11.8% of the world total. Its main sources were the United Arab Emirates (24%), China (17%) and Japan (15%). Hong Kong was the world’s 3rd-largest importer of gold.

Summary

Value
$65.5billion
Tonnes
897tonnes
Share of world total
11.8%
World rank
3rd
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
United Arab Emirates15.8Tonnes: 209USD per tonne: $75,927,29124.2%Air
China10.8Tonnes: 137USD per tonne: $79,213,78416.5%Land
Japan10Tonnes: 119USD per tonne: $83,436,54915.2%Air
Switzerland6.2Tonnes: 90USD per tonne: $68,747,5409.4%Air
Australia5.5Tonnes: 78USD per tonne: $71,001,4258.5%Air
Russia4.6Tonnes: 58USD per tonne: $79,956,7907.1%Air
United Kingdom1.8Tonnes: 26USD per tonne: $71,392,4752.8%Air
Canada1.5Tonnes: 21USD per tonne: $72,357,3292.4%Air
Philippines1.5Tonnes: 50USD per tonne: $29,585,3982.3%Air
Armenia1.1Tonnes: 16USD per tonne: $71,376,6011.8%Air
Uganda0.98Tonnes: 12USD per tonne: $78,352,6691.5%Air
Singapore re-exports0.95Tonnes: 13USD per tonne: $72,931,5091.5%Air
South Korea0.95Tonnes: 11USD per tonne: $82,580,0781.5%Air
United States0.61Tonnes: 10USD per tonne: $61,165,7820.93%Air
Thailand0.51Tonnes: 8USD per tonne: $65,440,3170.79%Air
South Africa0.5Tonnes: 7USD per tonne: $72,074,1240.77%Air
Taiwan0.49Tonnes: 8USD per tonne: $58,802,4260.75%Air
Colombia0.36Tonnes: 8USD per tonne: $44,770,6910.55%Air
Indonesia0.26Tonnes: 3USD per tonne: $76,402,6050.4%Air
Malaysia0.25Tonnes: 4USD per tonne: $70,323,9220.39%Air

Trend

Who it buys from

The United Arab Emirates has been its main source since 2020

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

  • United Arab Emirates 15.8
  • China 10.8
  • Japan 10
  • Switzerland 6.2
  • Australia 5.5

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates< 0.0115.8
China< 0.0110.8
Japan0.0910
Switzerland0.576.2
Australia0.285.5

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.

See all products