Top 10 gold exporting countries of the world

In recent times, price of no other thing has inflated as much as that of precious metals. Such has been the price escalation that one almost tends to forget that gold used to cost about Rs 6,500 per 10 grams in 2000.

A country’s economic strength is measured by the amount of gold it exports.

In 2013, the world gold exports were $283 billion approximately.

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1. Hong Kong

• Total gold exports: $49.9 billion
• 18.6% of world gold exports

Hong Kong is the third most important leading international financial centre, after London and New York City.

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2. USA

• Total gold exports: $33.7 billion
• 12.6% of world gold exports

The United States is the largest importer of goods and third largest exporter, though exports per capita are relatively low.

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3. Australia

• Total gold exports: $16 billion
• 6% of world gold exports

Australia is the world's thirteenth largest economy and has the world's seventh-highest per capita income.

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4. Canada

• Total gold exports: $15.3 billion
• 5.7% of world gold exports

Canada is one of the world's wealthiest nations, with a high per-capita income.

It is a member of the Organisation for Economic Co-operation and Development and the G8.

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5. United Arab Emirates

• Total gold exports: $14.7 billion
• 5.5% of world gold exports

The country is the world's largest oil exporter. It figured in the National Power Index list of 20 most powerful countries.

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6. Turkey

• Total gold exports: $13.3 billion
• 5% of world gold exports

Turkey has the world's 15th largest GDP by PPP and 17th largest nominal GDP.

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7. Italy

• Total gold exports: $10.2 billion
• 3.8% of world gold exports

Italy has a market economy characterised by high per capita GDP and low unemployment rates.

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8. Peru

• Total gold exports: $9.7 billion
• 3.6% of world gold exports

It is a developing country with a market-oriented economy.

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9. Germany

• Total gold exports: $9.5 billion
• 3.5% of world gold exports

Germany has the world's fourth-largest economy by nominal GDP and the fifth-largest by purchasing power parity.

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10. South Africa

• Total gold exports: $8.7 billion
• 3.2% of world gold exports

It has the largest economy in Africa, and the 28th-largest in the world. 

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