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Where does Turkey get its gold? Import sources 2024

In 2024, Turkey imported $16.7 billion of gold (226 tonnes), 3% of the world total. Switzerland sold 51% of the total, followed by the United Arab Emirates (33%) and the United Kingdom (4%). Turkey was the world’s 9th-largest importer of gold.

Summary

Value
$16.7billion
Tonnes
226tonnes
Share of world total
3%
World rank
9th
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
Switzerland8.5Tonnes: 105USD per tonne: $80,512,81850.9%Air
United Arab Emirates5.5Tonnes: 71USD per tonne: $76,890,90232.7%Air
United Kingdom0.68Tonnes: 9USD per tonne: $72,789,6394.1%Air
Bolivia0.46Tonnes: 7USD per tonne: $63,844,4962.8%Air
United States0.33Tonnes: 5USD per tonne: $72,968,0812%Air
Peru0.21Tonnes: 11USD per tonne: $18,427,8061.3%Air
Egypt0.1Tonnes: 1USD per tonne: $77,433,4090.61%Air
Australia0.09Tonnes: 1USD per tonne: $70,451,2610.54%Air
Italy0.08Tonnes: 2USD per tonne: $36,120,4460.46%Air
Lebanon0.07Tonnes: 1USD per tonne: $74,053,5530.4%Air
Hong Kong re-exports0.06Tonnes: 1USD per tonne: $67,024,8690.38%Air
South Africa0.06Tonnes: 1USD per tonne: $65,698,3250.35%Air
Malta0.06Tonnes: 1USD per tonne: $80,808,7600.34%Air
Russia0.05Tonnes: 1USD per tonne: $70,898,4760.32%Air
Japan0.05Tonnes: 1USD per tonne: $65,732,0190.3%Air
Romania0.04Tonnes: 1USD per tonne: $47,761,0350.24%Air
Ghana0.04Tonnes: 1USD per tonne: $62,267,2420.23%Air
Poland0.03Tonnes: 0USD per tonne: $68,477,9050.2%Air
Mexico0.03Tonnes: 0USD per tonne: $70,052,5460.2%Air
France0.03Tonnes: 0USD per tonne: $80,390,5550.17%Air

Trend

Who it buys from

Switzerland has been its main source since 2022

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

  • Switzerland 8.5
  • United Arab Emirates 5.5
  • United Kingdom 0.68
  • Bolivia 0.46
  • United States 0.33

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland08.5
United Arab Emirates05.5
United Kingdom00.68
Bolivia00.46
United States0.010.33

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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