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Who buys Zimbabwe’s gold? Export destinations 2024

In 2024, Zimbabwe exported $2.5 billion of gold (34 tonnes), 0.5% of the world total. The United Arab Emirates bought 98% of the total, followed by South Africa (0.9%) and Mozambique (0.6%). Zimbabwe was the world’s 36th-largest exporter of gold.

Summary

Value
$2.5billion
Tonnes
34tonnes
Share of world total
0.5%
World rank
36th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 8 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United Arab Emirates2.5Tonnes: 33USD per tonne: $74,945,81498.2%Air
South Africa0.02Tonnes: 0USD per tonne: $82,311,0000.91%Land
Mozambique0.02Tonnes: 1USD per tonne: $24,306,0240.61%Land
Switzerland< 0.01Tonnes: 0USD per tonne: $65,795,9020.16%Air
Zambia< 0.01Tonnes: 0USD per tonne: $71,320,6900.08%Land
United Kingdom< 0.01Tonnes: 0USD per tonne: $76,361,1670.04%Air
Singapore re-exports< 0.01Tonnes: 0USD per tonne: $74,739,7500.04%Air
South Korea< 0.01Tonnes: 0USD per tonne: $61,468,6670.01%Air

Trend

Who it sells to

The United Arab Emirates has been its main destination since 2018

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

  • United Arab Emirates 2.5
  • South Africa 0.02
  • Mozambique 0.02
  • Switzerland < 0.01
  • Zambia < 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates02.5
South Africa00.02
Mozambique00.02
Switzerland< 0.01< 0.01
Zambia0< 0.01

Sources and methodology

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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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