United States exported $26. 6B in



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tarix07.01.2024
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gold


EXPORTSIn 2021, United States exported $26.6B in Gold, making it the 4th largest exporter of Gold in the world. At the same year, Gold was the 13th most exported product in United States. The main destination of Gold exports from United States are: Switzerland ($9.35B), United Kingdom ($8.55B), Hong Kong ($2.8B), India ($1.28B), and Singapore ($952M).
The fastest growing export markets for Gold of United States between 2020 and 2021 were Switzerland ($2.92B), Hong Kong ($2.53B), and United Kingdom ($2.19B).
IMPORTSIn 2021, United States imported $19.6B in Gold, becoming the 7th largest importer of Gold in the world. At the same year, Gold was the 19th most imported product in United StatesUnited States imports Gold primarily from: Switzerland ($8.13B), Canada ($2.59B), Mexico ($2.48B), Colombia ($1.23B), and Nicaragua ($898M).
The fastest growing import markets in Gold for United States between 2020 and 2021 were Argentina ($260M), Nicaragua ($187M), and Mexico ($184M).
LATEST TRENDS
AUGUST 2023
OVERVIEWIn August 2023 United StatesGold exports accounted up to $2.89B and imports accounted up to $1.64B, resulting in a positive trade balance of $1.24B. Between August 2022 and August 2023 the exports of United States'  Gold have decreased by $-1.44B (-33.3%) from $4.33B to $2.89B, while imports increased by $973M (145%) from $669M to $1.64B.
DESTINATIONSIn August 2023, Gold were exported mostly to Switzerland ($1.26B), United Kingdom ($633M), India ($316M), Singapore ($226M), and Hong Kong ($191M), and were imported mostly from Canada ($736M), Mexico ($206M), Colombia ($135M), South Africa ($134M), and Switzerland ($59M).
GROWTHIn August 2023, the decrease in Gold's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-256M or -29.7%), Australia ($-17.1M or -43.1%), and Italy ($-15.7M or -62.3%). In August 2023, the increase in Gold's year-by-year imports was explained primarily by an increase in imports from Canada ($136M or 109%), Argentina ($22.6M or 66.2%), and Australia ($8.57M or 30%).
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