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Who buys Uzbekistan’s gold? Export destinations 2024

In 2024, Uzbekistan exported $9.7 billion of gold (131 tonnes), 1.7% of the world total. Switzerland bought 64% of the total, followed by the United Kingdom (35%) and Italy (0.4%). Uzbekistan was the world’s 15th-largest exporter of gold.

Summary

Value
$9.7billion
Tonnes
131tonnes
Share of world total
1.7%
World rank
15th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 5 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Switzerland6.1Tonnes: 87USD per tonne: $70,730,69363.5%Air
United Kingdom3.4Tonnes: 43USD per tonne: $80,062,84135.5%Air
Italy0.03Tonnes: 1USD per tonne: $63,168,6880.35%Air
Singapore re-exports0.03Tonnes: 0USD per tonne: $71,474,6200.32%Air
China0.03Tonnes: 0USD per tonne: $69,325,7070.3%Air

Trend

Who it sells to

Switzerland has been its main destination since 2021

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

  • Switzerland 6.1
  • United Kingdom 3.4
  • Italy 0.03
  • Singapore 0.03
  • China 0.03

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland06.1
United Kingdom03.4
Italy00.03
Singapore00.03
China00.03

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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