rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Top 10 gold exporting countries of the world

Top 10 gold exporting countries of the world

Last updated on: July 01, 2014 19:57 IST

Top 10 gold exporting countries of the world

     Next

Next
Rediff Business Desk

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.

Click NEXT to read about 10 biggest gold exporting countries of the world in 2013. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: A model displays gold jewellery.
Photographs: Jamal Saidi/Reuters.

     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

 Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: A gold Combibar.
Photographs: Michael Buholzer/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: Gold jewellery on a stand.
Photographs: Alessandro Garofalo/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: Gold bars and granules.
Photographs: Heinz-Peter Bader/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: A member of Sotheby's staff holds a 14th century central Asian gold cup with an estimated value of $48,600-$81,000.
Photographs: Paul Hackett/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: An employee of a gold manufacturing company holds a gold piece, each weighing 100 grams.
Photographs: Beawiharta Beawiharta/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . . 

Please click here for the Complete Coverage of Budget 2014 -15


Image: Jewellery made from gold is laid out at a factory.
Photographs: Vasily Fedosenko/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: An ingot of 99.99 per cent pure gold that weighs 12.5 kg.
Photographs: Eliseo Fernandez/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

8. Peru

  • Total gold exports: $9.7 billion
  • 3.6% of world gold exports

It is a developing country with a market-oriented economy.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: Gold bangles on display.
Photographs: Murad Sezer/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     Next
Prev

Next

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.

Click NEXT to read further. . .

Please click here for the Complete Coverage of Budget 2014 -15


Image: Vacuum-packed gold bars of 100 grams are placed on a table.
Photographs: Pascal Lauener/Reuters

Prev     Next

Top 10 gold exporting countries of the world

Prev     More
Prev

More

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. 

Please click here for the Complete Coverage of Budget 2014 -15


Image: Figurines in 24K gold are displayed.
Photographs: Bobby Yip/Reuters

Prev     More