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Where does the United States get its gold? Import sources 2024

In 2024, the United States imported $19.8 billion of gold (403 tonnes), 3.6% of the world total. Its main sources were Canada (25%), Switzerland (24%) and Mexico (13%). The United States was the world’s 7th-largest importer of gold.

Summary

Value
$19.8billion
Tonnes
403tonnes
Share of world total
3.6%
World rank
7th
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
Canada4.9Tonnes: 71USD per tonne: $69,868,34824.9%Land
Switzerland4.7Tonnes: 120USD per tonne: $38,790,01123.5%Air
Mexico2.6Tonnes: 71USD per tonne: $36,810,56613.1%Land
Colombia1.6Tonnes: 23USD per tonne: $69,243,2338.1%Air
Australia1.1Tonnes: 18USD per tonne: $62,191,1575.8%Air
Argentina0.77Tonnes: 10USD per tonne: $77,166,9723.9%Air
Nicaragua0.71Tonnes: 12USD per tonne: $61,241,7143.6%Air
South Africa0.68Tonnes: 8USD per tonne: $81,424,8113.4%Air
Peru0.59Tonnes: 14USD per tonne: $43,008,0933%Air
Ecuador0.39Tonnes: 6USD per tonne: $68,938,4332%Air
United Kingdom0.32Tonnes: 11USD per tonne: $30,141,0601.6%Air
Chile0.24Tonnes: 4USD per tonne: $62,286,9841.2%Air
Brazil0.23Tonnes: 3USD per tonne: $77,387,6051.2%Air
Honduras0.19Tonnes: 3USD per tonne: $75,301,2510.95%Air
Dominican Republic0.16Tonnes: 3USD per tonne: $48,369,6580.8%Air
Hong Kong re-exports0.09Tonnes: 1USD per tonne: $79,405,8560.45%Air
Belgium re-exports0.09Tonnes: 1USD per tonne: $78,087,5260.43%Air
Paraguay0.08Tonnes: 1USD per tonne: $68,662,0700.39%Air
Panama0.05Tonnes: 1USD per tonne: $56,128,9850.27%Air
Japan0.05Tonnes: 1USD per tonne: $34,341,4530.23%Air

Trend

Who it buys from

Canada has been its main source since 2023

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

  • Canada 4.9
  • Switzerland 4.7
  • Mexico 2.6
  • Colombia 1.6
  • Australia 1.1

Source: CEPII BACI

Show the numbers
Partner19952024
Canada1.34.9
Switzerland0.044.7
Mexico0.122.6
Colombia0.161.6
Australia< 0.011.1

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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