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Top 10 gold exporting countries of the world
In recent times, price of no other thing has inflated as much as that of precious metals. Such has been the price escalation that one almost tends to forget that gold used to cost about Rs 6,500 per 10 grams in 2000.
A country’s economic strength is measured by the amount of gold it exports.
In 2013, the world gold exports were $283 billion approximately.
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Top 10 gold exporting countries of the world
1. Hong Kong
- Total gold exports: $49.9 billion
- 18.6% of world gold exports
Hong Kong is the third most important leading international financial centre, after London and New York City.
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Top 10 gold exporting countries of the world
2. USA
- Total gold exports: $33.7 billion
- 12.6% of world gold exports
The United States is the largest importer of goods and third largest exporter, though exports per capita are relatively low.
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Top 10 gold exporting countries of the world
3. Australia
- Total gold exports: $16 billion
- 6% of world gold exports
Australia is the world's thirteenth largest economy and has the world's seventh-highest per capita income.
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Top 10 gold exporting countries of the world
4. Canada
- Total gold exports: $15.3 billion
- 5.7% of world gold exports
Canada is one of the world's wealthiest nations, with a high per-capita income.
It is a member of the Organisation for Economic Co-operation and Development and the G8.
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Top 10 gold exporting countries of the world
5. United Arab Emirates
- Total gold exports: $14.7 billion
- 5.5% of world gold exports
The country is the world's largest oil exporter. It figured in the National Power Index list of 20 most powerful countries.
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Top 10 gold exporting countries of the world
6. Turkey
- Total gold exports: $13.3 billion
- 5% of world gold exports
Turkey has the world's 15th largest GDP by PPP and 17th largest nominal GDP.
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Top 10 gold exporting countries of the world
7. Italy
- Total gold exports: $10.2 billion
- 3.8% of world gold exports
Italy has a market economy characterised by high per capita GDP and low unemployment rates.
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Top 10 gold exporting countries of the world
8. Peru
- Total gold exports: $9.7 billion
- 3.6% of world gold exports
It is a developing country with a market-oriented economy.
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Top 10 gold exporting countries of the world
9. Germany
- Total gold exports: $9.5 billion
- 3.5% of world gold exports
Germany has the world's fourth-largest economy by nominal GDP and the fifth-largest by purchasing power parity.
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Top 10 gold exporting countries of the world
10. South Africa
- Total gold exports: $8.7 billion
- 3.2% of world gold exports
It has the largest economy in Africa, and the 28th-largest in the world.
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