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Who buys Turkey’s gold? Export destinations 2024

In 2024, Turkey exported $5.2 billion of gold (63 tonnes), 0.9% of the world total. Its main destinations were the United Kingdom (45%), the United Arab Emirates (32%) and Switzerland (7%). Turkey was the world’s 24th-largest exporter of gold.

Summary

Value
$5.2billion
Tonnes
63tonnes
Share of world total
0.9%
World rank
24th
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
United Kingdom2.3Tonnes: 24USD per tonne: $94,666,38144.8%Air
United Arab Emirates1.7Tonnes: 22USD per tonne: $75,037,35432.3%Air
Switzerland0.35Tonnes: 4USD per tonne: $79,558,0276.7%Air
India0.27Tonnes: 4USD per tonne: $74,356,0665.2%Air
Bolivia0.14Tonnes: 2USD per tonne: $77,513,8352.8%Air
Italy0.09Tonnes: 1USD per tonne: $78,402,5041.7%Air
Hong Kong re-exports0.06Tonnes: 1USD per tonne: $111,680,9351.2%Air
Malaysia0.05Tonnes: 1USD per tonne: $62,210,6610.99%Air
Georgia0.05Tonnes: 1USD per tonne: $82,654,2400.97%Land
Lebanon0.04Tonnes: 1USD per tonne: $73,049,4640.77%Air
Morocco0.02Tonnes: 0USD per tonne: $73,823,9510.41%Air
United States0.02Tonnes: 1USD per tonne: $30,768,1710.38%Air
Serbia0.02Tonnes: 0USD per tonne: $77,898,8240.34%Air
Nepal0.01Tonnes: 0USD per tonne: $75,986,9410.22%Air
Iran0.01Tonnes: 0USD per tonne: $78,091,1900.21%Land
Poland0.01Tonnes: 0USD per tonne: $52,303,3450.18%Air
China0.01Tonnes: 0USD per tonne: $77,697,0640.16%Air
Iraq0.01Tonnes: 0USD per tonne: $62,822,8170.16%Land
Bulgaria0.01Tonnes: 0USD per tonne: $76,785,6840.15%Land
Azerbaijan< 0.01Tonnes: 0USD per tonne: $21,314,2010.09%Land

Trend

Who it sells to

The United Kingdom has been its main destination since 2024

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

  • United Kingdom 2.3
  • United Arab Emirates 1.7
  • Switzerland 0.35
  • India 0.27
  • Bolivia 0.14

Source: CEPII BACI

Show the numbers
Partner19952024
United Kingdom02.3
United Arab Emirates01.7
Switzerland00.35
India00.27
Bolivia00.14

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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