# Gold trade corridors and routes | HS 710812 | Yugalinks

The leading reported route is Switzerland, Liechtenstein to China, with trade value of $33.2B.

## Route access evidence

| Route | Route trade | 5-year growth | Buyer imports | Supplier countries | Applied tariff | Distance |
| --- | --- | --- | --- | --- | --- | --- |
| Switzerland, Liechtenstein to China | $33.2B | +23.1% | $80.8B | 44 | 29.7% | 8,084 km |
| Switzerland, Liechtenstein to India | $19.1B | +9.3% | $53.8B | 46 | 0.5% | 6,249 km |
| Canada to United Kingdom | $17.1B | +9.8% | $72.2B | 52 | 0% | 5,716 km |
| China, Hong Kong Special Administrative Region to China | $14.7B | +20% | $80.8B | 44 | 0.3% | 1,976 km |
| United Arab Emirates to India | $14.2B | +35.5% | $53.8B | 46 | 0.5% | 2,313 km |
| United Arab Emirates to China, Hong Kong Special Administrative Region | $13.4B | +96.8% | $41.7B | 46 | 0% | 6,060 km |
| United Arab Emirates to Switzerland, Liechtenstein | $12.1B | +14% | $89.4B | 83 | 0% | 4,831 km |
| USA to Switzerland, Liechtenstein | $10.7B | +30.4% | $89.4B | 83 | 0% | 6,272 km |
| USA to United Kingdom | $10.7B | -0.1% | $72.2B | 52 | 0% | 5,570 km |
| Switzerland, Liechtenstein to United Kingdom | $10.6B | -10.3% | $72.2B | 52 | 0% | 749 km |
| Guinea to United Arab Emirates | $10.4B | +46.8% | $80.0B | 111 | 0% | 7,576 km |
| United Arab Emirates to Iraq | $9.8B | +119.7% | $9.9B | 3 | 0% | 1,384 km |
| Canada to China | $9.6B | +32.1% | $80.8B | 44 | 0.3% | 10,598 km |
| United Arab Emirates to Turkey | $9.1B | +28.3% | $20.0B | 64 | 0.1% | 2,994 km |
| Switzerland, Liechtenstein to Turkey | $8.9B | +39.2% | $20.0B | 64 | 0.1% | 1,837 km |
| Turkey to United Arab Emirates | $8.2B | +76.9% | $80.0B | 111 | 0.1% | 2,994 km |
| Japan to China, Hong Kong Special Administrative Region | $7.9B | +46.8% | $41.7B | 46 | 0% | 2,891 km |
| South Africa to China | $7.5B | +17.4% | $80.8B | 44 | 0.3% | 12,968 km |
| China to China, Hong Kong Special Administrative Region | $7.4B | +49.1% | $41.7B | 46 | 0% | 1,976 km |
| Australia to China | $6.8B | +6.6% | $80.8B | 44 | 0.3% | 8,956 km |
| Germany to United Kingdom | $6.2B | +38.6% | $72.2B | 52 | 0% | 495 km |
| Canada to USA | $6.0B | +19.8% | $21.5B | 68 | 0% | 548 km |
| Switzerland, Liechtenstein to USA | $6.0B | +43% | $21.5B | 68 | 0% | 6,272 km |
| Russia to Armenia | $5.7B | +128.6% | $5.7B | 9 | 0% | 1,803 km |
| China, Hong Kong Special Administrative Region to Thailand | $5.6B | +22.1% | $14.1B | 41 | 0.3% | 1,727 km |
| South Africa to United Kingdom | $5.5B | +10.8% | $72.2B | 52 | 0% | 9,682 km |
| South Africa to India | $5.4B | +32.4% | $53.8B | 46 | 0.5% | 9,311 km |
| Canada to Switzerland, Liechtenstein | $5.4B | +64.2% | $89.4B | 83 | 0% | 6,441 km |
| Russia to United Arab Emirates | $5.3B | +115.4% | $80.0B | 111 | 0.1% | 3,739 km |
| Kazakhstan to United Kingdom | $5.2B | +362.7% | $72.2B | 52 | 0% | 5,610 km |
| Germany to Switzerland, Liechtenstein | $5.2B | +13.1% | $89.4B | 83 | 0% | 504 km |
| Uzbekistan to Switzerland, Liechtenstein | $5.1B | +19.6% | $89.4B | 83 | 0% | 4,849 km |
| Mali to United Arab Emirates | $4.9B | +22.4% | $80.0B | 111 | 0% | 6,661 km |
| Switzerland, Liechtenstein to Saudi Arabia | $4.8B | +108.1% | $8.0B | 23 | 0.1% | 4,264 km |
| Switzerland, Liechtenstein to Thailand | $4.6B | +22.4% | $14.1B | 41 | 0.3% | 9,134 km |
| Russia to China, Hong Kong Special Administrative Region | $4.4B | +717,555.4% | $41.7B | 46 | 0% | 7,145 km |
| Armenia to United Arab Emirates | $4.4B | +547.3% | $80.0B | 111 | 0.1% | 1,979 km |
| Switzerland, Liechtenstein to United Arab Emirates | $4.4B | +47.3% | $80.0B | 111 | 0% | 4,831 km |
| Peru to India | $4.1B | +22.4% | $53.8B | 46 | 0.5% | 16,793 km |
| Togo to United Arab Emirates | $3.8B | +181.5% | $80.0B | 111 | 0% | 6,006 km |

## Selected route history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 1998 | $21.8M | 0% | 0% |
| 2012 | $1.6B | +7,124% | 0% |
| 2013 | $11.5B | +631.5% | 0% |
| 2014 | $8.7B | -24.5% | +636.2% |
| 2015 | $21.7B | +148.9% | +139.6% |
| 2016 | $26.4B | +21.9% | +31.8% |
| 2017 | $20.2B | -23.6% | +32.3% |
| 2018 | $23.9B | +18.4% | +3.3% |
| 2019 | $11.8B | -50.7% | -23.6% |
| 2020 | $3.1B | -73.3% | -46.2% |
| 2021 | $19.8B | +529.1% | -6.1% |
| 2022 | $31.3B | +58% | +38.5% |
| 2023 | $34.5B | +10.2% | +122.1% |
| 2024 | $33.2B | -3.6% | +18.8% |

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