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Friday, October 19, 2018
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  2. What are the Impact of GST on Importers and Exporters in India?
  3. What are the Impacts of GST on Various Indian Industries?
  4. India Refrigerator Import Data 2017 – Freezer Customs Data of India
  5. What is GSTIN? What are Advantages & Disadvantages of GST in India?
  6. Top Gold Buyers in India – List of Gold Importers with Gold Import Data
  7. India Air Conditioner Import Report 2017 – Top 30 AC Importers in India
  8. LABSA Export Shipments Data of India – Top LABSA Exporters in India
  9. List of Tea Exporters in India – Indian Tea Export Data and Report
  10. India Palm Oil Report 2017 – Top 25 Palm Oil Buyers in India
  11. Olive Oil Imports into India 2017 – Top 20 Olive Oil Importers in India
  12. Top 20 Egg Exporters in India – Indian Egg Export Data 2017
  13. LED TV Import Data of India 2017 – LED TV Import Market Report
  14. Vietnam’s Mobile Phone Export Market – Vietnam Mobile Export Data
  15. Banana Exporters in India – Indian Banana Export Data
  16. Rice Export from India to the World – Top 50 Rice Exporters in India
  17. Spices Export from India – Top Spices Exporters in India
  18. Coal Imports into India – List of Biggest Coal Buyers in India
  19. What is HS Code? How to find HS Code Online? HS Code List
  20. What is the Calculation Method of Import Duty after GST in India?
  21. List of Dry Days in 2018: Dry Day in Delhi, Mumbai, UP, Noida, Haryana
  22. Alcohol Import Partners of India : Top Indian Ports of Alcohol Import
  23. Who are the Hard Drive Importers in Vietnam? Hard Drive Import Data
  24. Largest Type of Alcoholic Drink Imported into India – The Whisky Story
  25. Top 50 Leather Exporters in India – List of Leather Suppliers in India
  26. Top 20 Alcohol Importers in India – Alcohol Companies List
  27. Alcoholic Drinks Import Report of India – Alcohol Market Report
  28. Alcohol Consumption in India – Alcoholic Beverages Market Report
  29. Onion Export Data: Onion Exporters in India – Onion Suppliers List
  30. List of Sugar Exporters in Brazil – Brazil Cane Sugar Export Analysis
  31. Top 50 Mango Exporters in India – Mango Export from India Report
  32. List of Coal Importers in India – Top Coal Buyers in India
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  34. Top 10 Gold Importing Countries in the World – Biggest Gold Buyers
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As per the trade map data, world’s gold import value is USD 274,426554 thousand in the year 2016. Switzerland is the largest gold importer country in the world with its import value of USD 82874507 thousand during 2016. It is importing gold from more than 90 countries around the globe. Majorly, it is importing from United Arab Emirates and United Kingdom. Switzerland is followed by United Kingdom, Hong Kong, India, USA and UAE. The HS code of Gold is 7108.

 

India is the 4th largest gold importer country in the world. In this article, we are providing the list of top gold importer countries across the world with their import value and imported quantity recorded in the year 2016. Check the following table to know the top gold importer countries in the world.

 

Importers

Import Value in USD Thousand

Quantity Imported (In Tonnes)

Switzerland 82874507

2716

United Kingdom

57973103 1452
Hong Kong 29535581

842

India

22944490 661
USA 16466952

405

UAE

11708479 328
Turkey 6458906

178

Thailand

5919747 150
Canada 5598919

Germany

5473905

138

 

*above stats are based on report of year 2016

 

India stood as 4th largest Gold Importer Country

 

India is importing gold from more than 40 countries across the world. Switzerland, UAE, USA, Ghana and South Africa are the top gold exporter countries of India. India’s gold import represents 8.4% of world imports during the year 2016. India recorded gold import value of USD 22944490 thousand in 2016.

 

Gold in India traditionally seen as a storage of wealth by buyers while the Indian government considers it unproductive as it leads to idle savings rather than the investments. The gold demand in India is approximately 700-800 tonnes per annum. With an aim to reduce demand for gold coins manufactured outside India and to recycle the gold available in the country. The government has also introduced India gold coin in the year 2015 to reduce the import.

 

Refer the below table to check the gold exporter countries of India. The import value and quantity are based on the records of the year 2016.

 

Gold Exporter Country of India

Import Value in USD Thousand

Quantity Imported (Tonnes)

Switzerland 13015760

323

UAE

2600032 65
USA 1323949

45

Ghana

1275584 36

South Africa

1188825 30

Dominican Republic

577798

54

Peru

471869 18
Canada 325554

8

Australia

312594

8

Tanzania 281921

10

 

The Importers or Exporters who are searching for Gold import data or want to access trade data, contact us at www.eximfile.com

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2 Comments

Wiki May 15, 2018 at 3:27 pm

Hello ,

I saw your tweet about animals and thought I will check your website. I like it!

I love pets. I have two beautiful thai cats called Tammy(female) and Yommo(male). Yommo is 1 year older than Tommy. He acts like a bigger brother for her. 🙂
I have even created an Instagram account for them ( https://www.instagram.com/tayo_home/ ) and probably soon they will have more followers than me (kinda funny).

I wanted to subscribe to your newsletter, but I couldn’t find it. Do you have it?

Keep up the good work on your blog.

Regards
Wiki

    admin May 15, 2018 at 4:32 pm

    We are working on it. It will be available soon.

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