# Russia Metals: gold, non-monetary, unwrought (but not powder) price positioning (HS 710812)

Canonical: https://www.yugalinks.com/trade/price-exporter/rus/710812
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Russia has a median reported export price of $51.6M/t across 20 markets. Across the reported period, the highest observed price is $71.5M/t in Republic of Moldova; the lowest is $1.0M/t in Belarus.

## Summary

- Price spread: 136.5%
- Total trade value: $53.1B
- Average quantity: 24 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| United Kingdom | 2020 | $58.5M/t | +0% | +24.6% | +40.4% | $23.4B | 3 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $63.4M/t | +6.5% | +16.6% | +15.9% | $5.8B | 3 | Mid |
| Switzerland, Liechtenstein | 2023 | $61.6M/t | +7.9% | +5.9% | +50.9% | $9.5B | 5 | Mid |
| United Arab Emirates | 2023 | $62.1M/t | +1.2% | +11.6% | +56.7% | $8.2B | 5 | Mid |
| Armenia | 2023 | $3.8M/t | -93.9% | -92% | -92.9% | $2.1B | 5 | Below |
| Germany | 2022 | $58.3M/t | +8% | +57.1% | +57.1% | $531.9M | 2 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2019 | $47.4M/t | +12.9% | Not reported | +0% | $197.8M | 1 | Mid |
| Thailand | 2022 | $54.8M/t | -1.6% | Not reported | +0% | $186.8M | 1 | Mid |
| China | 2023 | $62.5M/t | +2.4% | +13% | +69% | $515.7M | 5 | Mid |
| Kazakhstan | 2023 | $28.6M/t | +0% | -46.1% | -29.9% | $1.1B | 5 | Mid |
| Italy | 2022 | $59.7M/t | +9.6% | +79.8% | +49.3% | $322.3M | 4 | Mid |
| India | 2020 | $59.6M/t | +23% | +46.2% | +46.2% | $122.7M | 2 | Mid |
| Turkey | 2023 | $61.1M/t | +13.6% | +6.6% | +8.8% | $969.9M | 5 | Mid |
| Oman | 2023 | $60.6M/t | -1.7% | Not reported | +0% | $51.2M | 1 | Mid |
| Belarus | 2020 | $60.5M/t | +0% | +12.3% | +5,666.5% | $48.8M | 3 | Mid |
| Republic of Moldova | 2020 | $71.5M/t | +0% | +52.8% | +52.8% | $283.3K | 2 | Mid |

## Price history

- United Kingdom: 2017 $41.7M/t, 2019 $47.0M/t, 2020 $58.5M/t
- China, Hong Kong Special Administrative Region: 2020 $54.7M/t, 2022 $54.4M/t, 2023 $63.4M/t
- Switzerland, Liechtenstein: 2017 $40.8M/t, 2019 $49.9M/t, 2020 $44.0M/t, 2022 $58.2M/t, 2023 $61.6M/t
- United Arab Emirates: 2017 $39.6M/t, 2019 $43.9M/t, 2020 $57.6M/t, 2022 $55.6M/t, 2023 $62.1M/t
- Armenia: 2017 $52.7M/t, 2019 $51.8M/t, 2020 $9.5M/t, 2022 $47.3M/t, 2023 $3.8M/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $41.3M/t | Not reported | $2.6B | 11 |
| 2019 | $46.4M/t | +12.4% | $6.4B | 12 |
| 2020 | $57.3M/t | +23.5% | $18.7B | 14 |
| 2022 | $56.3M/t | -1.8% | $11.5B | 11 |
| 2023 | $20.9M/t | -62.9% | $13.9B | 9 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 20 importer markets; 57 reported market-year observations.

## FAQ

### What does Russia price positioning show for HS 710812?

It compares Russia's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Metals: gold, non-monetary, unwrought (but not powder) market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "RUS",
  "hs_code": "710812",
  "summary": {
    "num_markets": 20,
    "highest_price_importer_iso3": "MDA",
    "highest_price_usd_per_ton": 71481000,
    "lowest_price_importer_iso3": "BLR",
    "lowest_price_usd_per_ton": 1048333.3333333333,
    "median_price_across_markets": 51585762.91023166,
    "price_spread_pct": 136.53508777069354,
    "avg_quantity_metric_tons": 24.481842105263155,
    "total_trade_value_usd": 53085920007
  },
  "marketRows": [
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "GBR",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 58523204.28343477,
      "quantity_metric_tons": 289.534,
      "trade_value_usd": 16944457429.000002,
      "market_median_price_usd_per_ton": 58523204.28343477,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 63394486.77248677,
      "quantity_metric_tons": 82.215,
      "trade_value_usd": 5211977730,
      "market_median_price_usd_per_ton": 59526071.828833416,
      "price_vs_median_pct": 6.498690111413597,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "CHE",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 61607111.741886646,
      "quantity_metric_tons": 63.414,
      "trade_value_usd": 3906753384,
      "market_median_price_usd_per_ton": 57108198.19004525,
      "price_vs_median_pct": 7.8778768975863365,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "ARE",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 62081006.74743893,
      "quantity_metric_tons": 40.608,
      "trade_value_usd": 2520985522,
      "market_median_price_usd_per_ton": 61362110.10433828,
      "price_vs_median_pct": 1.171564409825964,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "ARM",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 3768080.411440212,
      "quantity_metric_tons": 467.334,
      "trade_value_usd": 1760952091,
      "market_median_price_usd_per_ton": 62134666.666666664,
      "price_vs_median_pct": -93.93562303688729,
      "price_position": "Budget"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "DEU",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 58333175.2452331,
      "quantity_metric_tons": 9.073,
      "trade_value_usd": 529256899,
      "market_median_price_usd_per_ton": 54023860.07044508,
      "price_vs_median_pct": 7.976688761537654,
      "price_position": "Mid"
    },
    {
      "year": 2019,
      "exporter_iso3": "RUS",
      "importer_iso3": "USA",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 47449779.08371312,
      "quantity_metric_tons": 4.169,
      "trade_value_usd": 197818129,
      "market_median_price_usd_per_ton": 42028186.93009118,
      "price_vs_median_pct": 12.899895402673701,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "THA",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 54838821.49148561,
      "quantity_metric_tons": 3.406,
      "trade_value_usd": 186781026,
      "market_median_price_usd_per_ton": 55726580,
      "price_vs_median_pct": -1.5930611720912882,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "CHN",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 62484398.44054581,
      "quantity_metric_tons": 2.565,
      "trade_value_usd": 160272482,
      "market_median_price_usd_per_ton": 61000000,
      "price_vs_median_pct": 2.4334400664685445,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "KAZ",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 28623458.708708707,
      "quantity_metric_tons": 5.328,
      "trade_value_usd": 152505788,
      "market_median_price_usd_per_ton": 28623458.708708707,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "ITA",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 59706721.51195109,
      "quantity_metric_tons": 1.799,
      "trade_value_usd": 107412392,
      "market_median_price_usd_per_ton": 54458619.143239625,
      "price_vs_median_pct": 9.636862724902478,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "IND",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 59570219.827586204,
      "quantity_metric_tons": 1.624,
      "trade_value_usd": 96742037,
      "market_median_price_usd_per_ton": 48417170.720618315,
      "price_vs_median_pct": 23.035317720905972,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "TUR",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 61124300.20993701,
      "quantity_metric_tons": 1.429,
      "trade_value_usd": 87346625,
      "market_median_price_usd_per_ton": 53793590.163934425,
      "price_vs_median_pct": 13.627478708267027,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "OMN",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 60646495.85798817,
      "quantity_metric_tons": 0.845,
      "trade_value_usd": 51246289,
      "market_median_price_usd_per_ton": 61712800,
      "price_vs_median_pct": -1.7278492338896123,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "BLR",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 60451997.50933997,
      "quantity_metric_tons": 0.803,
      "trade_value_usd": 48542954,
      "market_median_price_usd_per_ton": 60451997.50933997,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "MDA",
      "hs_code": "710812",
      "unit_value_usd_per_ton": 71481000,
      "quantity_metric_tons": 0.002,
      "trade_value_usd": 142962,
      "market_median_price_usd_per_ton": 71481000,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    }
  ],
  "marketAggregates": [
    {
      "importer_iso3": "GBR",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 58523204.28343477,
      "market_median_price_usd_per_ton": 58523204.28343477,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": 24.595749637637176,
      "first_year": 2017,
      "period_change_pct": 40.42793177092514,
      "period_trade_value_usd": 23358546324,
      "observed_years": 3
    },
    {
      "importer_iso3": "HKG",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 63394486.77248677,
      "market_median_price_usd_per_ton": 59526071.828833416,
      "price_vs_median_pct": 6.498690111413597,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 16.577148046658195,
      "first_year": 2020,
      "period_change_pct": 15.855126401774978,
      "period_trade_value_usd": 5801851815,
      "observed_years": 3
    },
    {
      "importer_iso3": "CHE",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 61607111.741886646,
      "market_median_price_usd_per_ton": 57108198.19004525,
      "price_vs_median_pct": 7.8778768975863365,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 5.86919372715029,
      "first_year": 2017,
      "period_change_pct": 50.87442653078096,
      "period_trade_value_usd": 9527620488,
      "observed_years": 5
    },
    {
      "importer_iso3": "ARE",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 62081006.74743893,
      "market_median_price_usd_per_ton": 61362110.10433828,
      "price_vs_median_pct": 1.171564409825964,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 11.575962369975512,
      "first_year": 2017,
      "period_change_pct": 56.68510039682022,
      "period_trade_value_usd": 8237873857,
      "observed_years": 5
    },
    {
      "importer_iso3": "ARM",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 3768080.411440212,
      "market_median_price_usd_per_ton": 62134666.666666664,
      "price_vs_median_pct": -93.93562303688729,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -92.0321181507989,
      "first_year": 2017,
      "period_change_pct": -92.85015651010515,
      "period_trade_value_usd": 2068508238,
      "observed_years": 5
    },
    {
      "importer_iso3": "DEU",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 58333175.2452331,
      "market_median_price_usd_per_ton": 54023860.07044508,
      "price_vs_median_pct": 7.976688761537654,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 57.10662928286918,
      "first_year": 2020,
      "period_change_pct": 57.10662928286918,
      "period_trade_value_usd": 531855976,
      "observed_years": 2
    },
    {
      "importer_iso3": "USA",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 47449779.08371312,
      "market_median_price_usd_per_ton": 42028186.93009118,
      "price_vs_median_pct": 12.899895402673701,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2019,
      "period_change_pct": 0,
      "period_trade_value_usd": 197818129,
      "observed_years": 1
    },
    {
      "importer_iso3": "THA",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 54838821.49148561,
      "market_median_price_usd_per_ton": 55726580,
      "price_vs_median_pct": -1.5930611720912882,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2022,
      "period_change_pct": 0,
      "period_trade_value_usd": 186781026,
      "observed_years": 1
    },
    {
      "importer_iso3": "CHN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 62484398.44054581,
      "market_median_price_usd_per_ton": 61000000,
      "price_vs_median_pct": 2.4334400664685445,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 12.972760060493794,
      "first_year": 2017,
      "period_change_pct": 69.03756665948634,
      "period_trade_value_usd": 515701825,
      "observed_years": 5
    },
    {
      "importer_iso3": "KAZ",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 28623458.708708707,
      "market_median_price_usd_per_ton": 28623458.708708707,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -46.0749697867105,
      "first_year": 2017,
      "period_change_pct": -29.87518560473457,
      "period_trade_value_usd": 1127632016,
      "observed_years": 5
    },
    {
      "importer_iso3": "ITA",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 59706721.51195109,
      "market_median_price_usd_per_ton": 54458619.143239625,
      "price_vs_median_pct": 9.636862724902478,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 79.75997596890456,
      "first_year": 2017,
      "period_change_pct": 49.325452638689946,
      "period_trade_value_usd": 322253068,
      "observed_years": 4
    },
    {
      "importer_iso3": "IND",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 59570219.827586204,
      "market_median_price_usd_per_ton": 48417170.720618315,
      "price_vs_median_pct": 23.035317720905972,
      "price_position": "Mid",
      "prior_year": 2017,
      "yoy_change_pct": 46.17414309223582,
      "first_year": 2017,
      "period_change_pct": 46.17414309223582,
      "period_trade_value_usd": 122660889,
      "observed_years": 2
    },
    {
      "importer_iso3": "TUR",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 61124300.20993701,
      "market_median_price_usd_per_ton": 53793590.163934425,
      "price_vs_median_pct": 13.627478708267027,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 6.624152164259844,
      "first_year": 2017,
      "period_change_pct": 8.780026407095454,
      "period_trade_value_usd": 969909641,
      "observed_years": 5
    },
    {
      "importer_iso3": "OMN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 60646495.85798817,
      "market_median_price_usd_per_ton": 61712800,
      "price_vs_median_pct": -1.7278492338896123,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2023,
      "period_change_pct": 0,
      "period_trade_value_usd": 51246289,
      "observed_years": 1
    },
    {
      "importer_iso3": "BLR",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 60451997.50933997,
      "market_median_price_usd_per_ton": 60451997.50933997,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": 12.291255706027627,
      "first_year": 2017,
      "period_change_pct": 5666.486248903654,
      "period_trade_value_usd": 48815274,
      "observed_years": 3
    },
    {
      "importer_iso3": "MDA",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 71481000,
      "market_median_price_usd_per_ton": 71481000,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": 52.81663543010255,
      "first_year": 2019,
      "period_change_pct": 52.81663543010255,
      "period_trade_value_usd": 283289,
      "observed_years": 2
    }
  ],
  "trendRows": [
    {
      "importer_iso3": "GBR",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 41674902.95228551
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 46970466.0501167
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 58523204.28343477
        }
      ]
    },
    {
      "importer_iso3": "HKG",
      "position": "Mid",
      "values": [
        {
          "year": 2020,
          "unit_value_usd_per_ton": 54718758.454106286
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 54379857.317417055
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 63394486.77248677
        }
      ]
    },
    {
      "importer_iso3": "CHE",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 40833369.28496477
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 49881696.01837672
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 44021360.43239094
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 58191726.575969405
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 61607111.741886646
        }
      ]
    },
    {
      "importer_iso3": "ARE",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 39621512.56897609
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 43913555.218446605
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 57576076.92307693
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 55640126.62654353
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 62081006.74743893
        }
      ]
    },
    {
      "importer_iso3": "ARM",
      "position": "Budget",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 52701578.94736842
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 51848738.655002736
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 9467800
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 47290867.042889394
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 3768080.411440212
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 41291743.92161222,
      "trade_value_usd": 2600099823,
      "markets": 11
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 46428870.5909631,
      "trade_value_usd": 6407741288,
      "markets": 12
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 57344591.0365691,
      "trade_value_usd": 18709188927,
      "markets": 14
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 56320796.26378462,
      "trade_value_usd": 11516758024,
      "markets": 11
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 20869816.41154669,
      "trade_value_usd": 13852131945,
      "markets": 9
    }
  ]
}