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Where does Lebanon get its gold? Import sources 2024

In 2024, Lebanon imported $2.7 billion of gold (35 tonnes), 0.5% of the world total. Switzerland sold 52% of the total, followed by the United Arab Emirates (27%) and Venezuela (12%). Lebanon was the world’s 24th-largest importer of gold.

Summary

Value
$2.7billion
Tonnes
35tonnes
Share of world total
0.5%
World rank
24th
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
Switzerland1.4Tonnes: 17USD per tonne: $81,515,14652.4%Air
United Arab Emirates0.74Tonnes: 10USD per tonne: $72,995,93427.3%Air
Venezuela0.32Tonnes: 4USD per tonne: $73,109,28311.7%Air
Liberia0.14Tonnes: 2USD per tonne: $73,128,1695%Air
Paraguay0.04Tonnes: 1USD per tonne: $73,109,2161.6%Air
Turkey0.04Tonnes: 1USD per tonne: $73,049,4641.5%Air
United States< 0.01Tonnes: 0USD per tonne: $69,991,2240.13%Air
Ghana< 0.01Tonnes: 0USD per tonne: $72,495,9050.11%Air
Jordan< 0.01Tonnes: 0USD per tonne: $73,794,2000.07%Air
Belgium re-exports< 0.01Tonnes: 0USD per tonne: $50,018,1940.06%Air
Kuwait< 0.01Tonnes: 0USD per tonne: $72,489,5000.05%Air
Guinea< 0.01Tonnes: 0USD per tonne: $73,877,9230.04%Air
Cyprus< 0.01Tonnes: 0USD per tonne: $42,094,6000.02%Air
Côte d'Ivoire< 0.01Tonnes: 0USD per tonne: $68,666,8330.02%Air
France< 0.01Tonnes: 0USD per tonne: $53,758,8000.01%Air
Australia< 0.01Tonnes: 0USD per tonne: $76,897,0000%Air
Italy< 0.01Tonnes: 0USD per tonne: $8,662,0000%Air
Saudi Arabia< 0.01Tonnes: 0USD per tonne: $40,500,0000%Air
Sweden< 0.01Tonnes: 0USD per tonne: $36,821,0000%Air
Germany< 0.01Tonnes: —USD per tonne: —0%Sea

Trend

Who it buys from

Switzerland has been its main source since 2022

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

  • Switzerland 1.4
  • United Arab Emirates 0.74
  • Venezuela 0.32
  • Liberia 0.14
  • Paraguay 0.04

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland01.4
United Arab Emirates00.74
Venezuela00.32
Liberia00.14
Paraguay00.04

Sources and methodology

Other products of this country

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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