Gold Exports from Russia 2019 – Russia Export Data of Gold

06 October 2020

Russia’s gold exports valued USD 5,740 million in 2019, a record surge of 723% as compared to the previous year. In 2018, Russia exported gold worth USD 697 million. According to Russia export data, Russia shipped gold the most to United Kingdom, which shared 92.9% to total exports. Gold is in the list of Russia’s top 10 export commodities. Checkout Russian export market of gold with special focus on value and export partners.

Russia’s exports of gold reached USD 3.58 billion in April and May 2020, which surpass natural gas as the top export commodity of Russia. For the first time in nearly three decades, Russia exported more gold than gas in the second quarter of 2020.

Russia Gold Exports 2015-2019

Since last 5 years, Russia recorded a tremendous growth in value of gold exports in 2019. According to Russia trade statistics, Russia shipped gold worth USD 5,740 million, which was 723% growth as compared to the previous year. Russia recorded the lowest value of shipments in 2018. Below given chart and table shows dollar amount of Russia gold exports recorded in last 5 years.

Russia recorded growth in value of gold exports as -56% (2014-2015), -34% (2015-2016), 160% (2016-2017), -70% (2017-2018) and 723% (2018-2019). In terms of growth in quantity of gold exports, Russia recorded -36% (2015-2016), 132% (2016-2017), -71% (2017-2018) and 629% (2018-2019).

Russia’s Top 5 Export Partners of Gold 2019

In terms of value, Russia’s top 5 export partners of gold in 2019 were United Kingdom (USD 5,332 million), Kazakhstan (USD 247 million), Switzerland (USD 133 million), China (USD 20 million) and Singapore (USD 4 million).

These countries accounted for 100% to overall value of gold export shipments recorded in 2019. Below given chart and table shows percentage share of Russia’s top 5 export partners of gold recorded in 2019.

Russia’s gold exports top natural gas for the first time ever in April and May 2020. If you want Russia export data of gold, have a look at some important fields that are covered in data. Date, Russian Exporter Name, Foreign Importer Name, HS Code, Product Description, Value, Quantity, Port, Foreign Country, etc. are covered in Russia trade data. Get all updates on Russia exports gold with a wider picture of Russian gold market right here.