How much gold does United Arab Emirates export?
It is the 2nd largest exporter by value: $57.9 billion in 2024, 9.9% of world exports of gold (HS 7108) (CEPII BACI). Its biggest customer is India, which takes 28% of its gold exports by value.
All about gold · All about United Arab Emirates · Gold price history
United Arab Emirates's gold exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 2 | $57.9 billion | 9.9% | 739 t | $78,383,294 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7108 (Gold, unwrought or in semi-manufactured forms).
Where United Arab Emirates's gold goes
| Destination | Value | Share of United Arab Emirates's exports |
|---|---|---|
| India | $16.1B | 28% |
| Hong Kong | $15.8B | 27% |
| Switzerland | $12.4B | 21% |
| Turkey (Türkiye) | $5.5B | 9.4% |
| Saudi Arabia | $2.8B | 4.9% |
United Arab Emirates as a buyer of gold
United Arab Emirates imported $32.1 billion of gold (HS 7108) in 2024, 5.5% of world imports, ranked #6. Of its $32.1 billion of gold imports in 2024, 22% came from Switzerland and 12% from Armenia, among 63 suppliers.
The gold price United Arab Emirates sells into
The benchmark price, London PM fix, was $4,319/troy oz in September 2026, up 18% over twelve months. Its five-year volatility is 14% a year, calmer in 64% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Gold price history.
Cite as: Commodity Origins, "United Arab Emirates gold: production, exports and prices", https://commodityorigins.com/countries/ARE/gold/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.