# Gold buyer markets and demand | HS 710811 | Yugalinks

India is the largest reported buyer market in this view, with imports of $194.9M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| India | $194.9M | +82.9% | 7 | United Arab Emirates |
| Japan | $97.3M | +50.7% | 11 | Malaysia |
| Maldives | $95.7M | +918.8% | 3 | United Arab Emirates |
| Canada | $92.0M | +346.5% | 6 | Japan |
| Malaysia | $83.3M | +93.4% | 8 | United Arab Emirates |
| Singapore | $82.9M | +161% | 11 | United Arab Emirates |
| China, Hong Kong Special Administrative Region | $71.2M | +202% | 9 | United Arab Emirates |
| Sri Lanka | $54.1M | +3% | 2 | United Arab Emirates |
| Italy | $30.8M | +65.4% | 11 | Portugal |
| Kenya | $19.6M | +418.3% | 1 | United Arab Emirates |
| United Arab Emirates | $13.9M | +48.8% | 18 | Madagascar |
| France | $13.6M | +19.1% | 15 | Portugal |
| Qatar | $13.0M | +1,738.8% | 6 | South Africa |
| Kyrgyzstan | $10.6M | +1,005% | 1 | Kazakhstan |
| USA | $9.5M | -0.6% | 18 | Germany |
| Thailand | $8.8M | +31% | 14 | United Arab Emirates |
| Algeria | $6.6M | +451.2% | 1 | France |
| Germany | $5.9M | -15% | 20 | Switzerland, Liechtenstein |
| Mexico | $5.8M | +371.7% | 10 | USA |
| Kuwait | $4.5M | +587.6% | 1 | United Arab Emirates |
| United Kingdom | $3.7M | -7.5% | 16 | Thailand |
| Republic of Korea | $3.5M | +11.6% | 10 | USA |
| Switzerland, Liechtenstein | $3.2M | -50.7% | 13 | France |
| Viet Nam | $2.6M | +19.1% | 6 | Japan |
| Bangladesh | $2.6M | +21% | 1 | Singapore |
| Yemen | $2.6M | +591,886.9% | 1 | United Arab Emirates |
| Romania | $2.5M | +114.5% | 6 | France |
| Belgium | $2.5M | +36.6% | 9 | Netherlands |
| Democratic People\'s Republic of Korea | $1.9M | +263.6% | 2 | Cameroon |
| Austria | $1.9M | +15.9% | 14 | Thailand |
| Georgia | $1.3M | +624.2% | 1 | United Arab Emirates |
| China | $1.2M | -10.8% | 8 | USA |
| Taiwan | $1.1M | +20.6% | 4 | USA |
| Sudan | $704.1K | +307.6% | 1 | United Arab Emirates |
| Bahrain | $693.9K | +732.1% | 2 | United Arab Emirates |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| India | 2023 | $394.4M | $62,435,998.58 |
| Canada | 2023 | $364.5M | $62,785,094.39 |
| Malaysia | 2023 | $144.2M | $62,051,040.45 |
| Switzerland, Liechtenstein | 2023 | $143.6M | $43,176,305.56 |
| Sri Lanka | 2023 | $118.4M | $62,331,912.11 |
| Japan | 2023 | $88.8M | $53,831,444.85 |
| Italy | 2023 | $65.4M | $57,519,518.03 |
| Singapore | 2023 | $57.0M | $52,530,926.27 |
| Qatar | 2023 | $50.8M | $59,461,730.68 |
| China, Hong Kong Special Administrative Region | 2023 | $37.4M | $59,874,332.8 |
| Bangladesh | 2023 | $35.2M | $62,553,501.78 |
| United Arab Emirates | 2023 | $16.3M | $59,169,058.18 |
| France | 2023 | $16.2M | $17,699,375.96 |
| Portugal | 2023 | $14.7M | $41,754,823.36 |
| Belgium | 2023 | $14.1M | $28,469,824.24 |
| Kenya | 2023 | $10.3M | $61,419,464.29 |
| Germany | 2023 | $7.5M | $33,556,919.28 |
| China | 2023 | $6.7M | $22,141,651.32 |
| Latvia | 2023 | $6.6M | $63,278,895.24 |
| USA | 2023 | $6.6M | $40,283,932.52 |

_Source: reported merchandise trade data. Updated 2026-08-14._