0086-371-86617456
Home > News > U.S. Gold Exports Recorded Notable Decline
BACK TO: news list

U.S. Gold Exports Recorded Notable Decline

Author:Zhengyang MachineryTimes:2019-06-13
Share to:
The U.S. exports of gold dropped significantly by more than 30% through the month of April this year. The trade data released by the U.S. Census Bureau indicates that the country’s gold exports totaled $5.56 billion during Jan-Apr ’19, down by 30.28% when matched with the exports of $7.97 billion during the corresponding four-month period in 2018.
 
The top foreign market for U.S. gold exports was the U.K. The country received approximately $3.68 billion worth of gold from the U.S., thereby accounting for over 66% of all the U.S. shipments. The second largest destination of gold exports from the U.S. was Switzerland. The exports to that country were valued at $734.82 million. In third place was India with total imports of gold worth $600.24 million from the U.S. The other key export destinations were Canada ($170.29 million) and the UAE ($92.63 million).
 
The U.S. gold imports too dropped considerably by nearly 35% to total $2.21 billion through April this year. This compares with the import of $3.39 billion during Jan-Apr ’18.
 
The leading source of gold imports by the U.S. was Mexico. The country accounted for almost 40% of all imports by the U.S. Meanwhile, the imports from Mexico were down significantly by 26.4% to total $872.75 million. The second largest gold exporter to the U.S. was Canada. The country’s gold imports from Canada totaled $569.32 million. The other major sources of import were Colombia ($173.06 million), Peru ($167.74 million) and Nicaragua ($119.66 million).

charcoal machine
Charcoal Machine

Carbonization Furnace
Carbonization Furnace


Briquette Machine

Get In Touch

Email us with any questions or inquiries or use our contact data. We would be happy to answer your questions.

Your Name:*
Country:
Email:*
Tel/WhatsApp:*
Inquiry