The UK dominates the European export of gold, representing a significant portion of the market. However, in 2023, it experienced a 5.81% decline, reflecting a broader trend of reduced exports across most European countries. Germany and Ireland saw substantial decreases, notably with Germany's exports halving and Ireland's declining nearly 50%. Conversely, the Netherlands showed a robust 25.19% increase, unique among major exporters. Over the last five years, European gold exports have faced fluctuation, resulting in modest average annual growth.
Future trends to watch include:
- The impact of economic recovery on gold demand.
- Shifts due to regulatory changes in gold trade policies.
- Potential advancements in gold extraction technology affecting supply.
Top countries in Export of Gold, Unwrought or in Semi-Manufactured Forms, or in Powder Form by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 584,870 | 2023 | +0.024% | -5.81% | View data |
| 2 | 2 Belgium | 37,400 | 2023 | +11.7% | -2.84% | View data |
| 3 | 3 Spain | 27,040 | 2023 | -9.2% | -13.27% | View data |
| 4 | 4 Italy | 26,490 | 2023 | +12.46% | -15.72% | View data |
| 5 | 5 Netherlands | 22,140 | 2023 | +80.2% | +25.19% | View data |
| 6 | 6 France | 20,640 | 2023 | +2.57% | -12.87% | View data |
| 7 | 7 Sweden | 13,490 | 2023 | -0.9% | -1.43% | View data |
| 8 | 8 Austria | 11,080 | 2023 | -7.26% | -9.64% | View data |
| 9 | 9 Germany | 5,900 | 2023 | -39.21% | -46.43% | View data |
| 10 | 10 Poland | 3,260 | 2023 | -3.61% | -3.53% | View data |
