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top 10 countries where gold trade takes place?

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The top 10 countries where gold trade takes place

 
According to the World Gold Council (WGC), the top 10 countries where gold trade takes place are as follows,
 
 Switzerland: $86.8 billion (22% of global gold exports)

 United Kingdom: $41.4 billion (10.5%)

 Hong Kong: $30.8 billion (7.8%)

 United Arab Emirates: $28.7 billion (7.3%)

 United States: $27.7 billion (7%)

 Australia: $17.5 billion (4.4%)

 Russia: $17.4 billion (4.4%)

 Canada: $15.1 billion (3.8%)

 Singapore: $10.1 billion (2.6%)

 Ghana: $10 billion (2.5%)

These figures are based on the data for 2018, the latest available year from the WGC.

According to the World Gold Council (WGC), the country that produces the most gold in the world is China, which mined 420 tonnes of gold in 2019. China has held its top position for more than a decade, despite a decline in its production since 2016. China is followed by Australia, which produced 330 tonnes of gold in 2019, and Russia, which mined 310 tonnes.

The top 10 gold producing countries in 2019, 

 
according to the WGC, are as follows,

 China: 420 tonnes

 Australia: 330 tonnes

 Russia: 310 tonnes

 United States: 200 tonnes

 Canada: 180 tonnes

 Ghana: 150 tonnes

 Indonesia: 140 tonnes

 Peru: 130 tonnes

 South Africa: 120 tonnes

 Mexico: 110 tonnes

These figures may vary slightly from other sources, depending on the methodology and the definition of mine production. Some sources may include secondary sources, such as scrap and recycled gold, in their calculations. 
 

Which country imports the most gold?

According to the data from World’s Top Exports, the country that imported the most gold in 2021 based on value was Switzerland, which accounted for 23.4% of total gold imports worldwide. Switzerland was followed by India, which imported 14.1% of global gold, and United Kingdom, which imported 13.6%. The top 10 gold importing countries in 2021, based on value, were as follows,

 Switzerland: $92.3 billion

 India: $55.8 billion

 United Kingdom: $53.7 billion

 China: $43.7 billion

 Hong Kong: $29.1 billion

 Singapore: $14.5 billion

 United States: $13.9 billion

 Germany: $11 billion

 United Arab Emirates: $10.6 billion

 Thailand: $8.4 billion

These figures may vary slightly from other sources, depending on the methodology and the definition of gold imports. Some sources may include secondary sources, such as scrap and recycled gold, in their calculations.

 
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