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Where does South Africa get its gold? Import sources 2024

In 2024, South Africa imported $4 billion of gold (92 tonnes), 0.7% of the world total. Tanzania sold 55% of the total, followed by Namibia (20%) and Côte d'Ivoire (10%). South Africa was the world’s 19th-largest importer of gold.

Summary

Value
$4billion
Tonnes
92tonnes
Share of world total
0.7%
World rank
19th
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
Tanzania2.2Tonnes: 37USD per tonne: $60,430,96855.1%Air
Namibia0.8Tonnes: 11USD per tonne: $71,600,36919.7%Land
Côte d'Ivoire0.4Tonnes: 7USD per tonne: $57,046,67610%Air
Ghana0.3Tonnes: 4USD per tonne: $77,766,6407.3%Air
Zambia0.11Tonnes: 1USD per tonne: $76,645,2722.6%Air
Switzerland0.09Tonnes: 1USD per tonne: $82,948,1882.3%Air
Burkina Faso0.05Tonnes: 1USD per tonne: $75,426,7361.3%Air
Zimbabwe0.02Tonnes: 0USD per tonne: $82,311,0000.56%Land
Kenya0.02Tonnes: 29USD per tonne: $763,1120.56%Air
Mozambique0.02Tonnes: 0USD per tonne: $60,778,7350.39%Land
Eswatini< 0.01Tonnes: 0USD per tonne: $59,712,5880.05%Land
Botswana< 0.01Tonnes: 0USD per tonne: $68,194,7860.05%Land
Vietnam< 0.01Tonnes: 0USD per tonne: $17,879,2310.02%Air
Germany< 0.01Tonnes: 0USD per tonne: $27,749,5380.01%Air
South Korea< 0.01Tonnes: 0USD per tonne: $20,801,6670.01%Air
United States< 0.01Tonnes: 0USD per tonne: $2,757,7860%Air
United Kingdom< 0.01Tonnes: 0USD per tonne: $7,145,0630%Air
Hong Kong re-exports< 0.01Tonnes: 0USD per tonne: $16,585,5000%Air
Italy< 0.01Tonnes: 0USD per tonne: $6,083,0000%Air
India< 0.01Tonnes: 0USD per tonne: $13,945,0000%Air

Trend

Who it buys from

Tanzania has been its main source since 2024

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

  • Tanzania 2.2
  • Namibia 0.8
  • Côte d'Ivoire 0.4
  • Ghana 0.3
  • Zambia 0.11

Source: CEPII BACI

Show the numbers
Partner19952024
Tanzania02.2
Namibia00.8
Côte d'Ivoire00.4
Ghana00.3
Zambia00.11

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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