How much gold does Canada produce and export?
Canada is the 4th largest producer of gold: 200 tonnes in 2025, 6.1% of the world's 3,300 tonnes (USGS MCS). It is the 3rd largest exporter by value: $52.4 billion in 2024, 8.9% of world exports of gold (HS 7108) (CEPII BACI). Its biggest customer is the United Kingdom, which takes 66% of its gold exports by value.
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Canada's gold production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 4 | 200 tonnes | 6.1% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Canada's gold exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 3 | $52.4 billion | 8.9% | 803 t | $65,273,465 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7108 (Gold, unwrought or in semi-manufactured forms).
Where Canada's gold goes
| Destination | Value | Share of Canada's exports |
|---|---|---|
| United Kingdom | $34.5B | 66% |
| Switzerland | $7.5B | 14% |
| United States | $5.7B | 11% |
| China | $1.4B | 2.8% |
| Hong Kong | $1.4B | 2.7% |
Canada as a buyer of gold
Canada imported $9.7 billion of gold (HS 7108) in 2024, 1.6% of world imports, ranked #12. Of its $9.7 billion of gold imports in 2024, 32% came from Peru and 19% from Brazil, among 49 suppliers.
The gold price Canada 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, "Canada gold: production, exports and prices", https://commodityorigins.com/countries/CAN/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.