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This table presents detailed statistics on the quantities and values of gold-bearing materials exported from the United States to various countries and localities. It categorizes exports into three main types: waste and scrap, metal powder, and gold compounds, providing data in kilograms and thousand-dollar values. This information is crucial for understanding the flow of gold-related products in international trade, reflecting the economic significance of the U.S. gold industry. Tracking these exports helps assess market demand, trade balances, and the role of the U.S. in the global gold supply chain, which can influence policy decisions, industry strategies, and investment opportunities.
Analysis of the 2023 data reveals that Canada remains the top destination for U.S. waste and scrap gold exports, with 67,000 kilograms valued at $3.22 million, showing an increase from 64,800 kilograms and $2.7 million in 2022. The total quantity of waste and scrap exported rose to 70,300 kilograms, valued at $3.32 million, indicating growth in this category. Gold compounds dominate in volume and value, with the Republic of Korea receiving the largest shipment of 439,000 kilograms valued at $17 million, followed by Belgium with 109,000 kilograms worth $3.45 million. Metal powder exports totaled 794 kilograms valued at $49.4 million, with India and Mexico notable recipients, receiving 398 and 100 kilograms respectively. The data also show diversification in export destinations, including smaller shipments to countries like Costa Rica, Chile, and Guatemala, highlighting expanding trade relationships in the gold-bearing materials sector.
| TABLE 5 | |||||||||||||||||
| U.S. EXPORTS OF GOLD-BEARING MATERIALS, BY COUNTRY OR LOCALITY1 | |||||||||||||||||
| (Kilograms, gross weight, and thousand dollars) | |||||||||||||||||
| Waste and scrap | Metal powder | Gold compounds | |||||||||||||||
| Year and country or locality | Quantity | Value | Quantity | Value | Quantity | Value | |||||||||||
| 2022 | 64800 | 2700000 | 424 | 24200 | 43600 | 160000 | |||||||||||
| 2023: | |||||||||||||||||
| Belgium | -- | -- | -- | -- | 109000 | 3450 | |||||||||||
| Canada | 67000 | 3220000 | 2 | 116 | 2810 | 9530 | |||||||||||
| Chile | -- | -- | -- | -- | 5 | 30 | |||||||||||
| China | -- | -- | 76 | 4710 | 1550 | 7650 | |||||||||||
| Costa Rica | -- | -- | -- | -- | 135 | 5620 | |||||||||||
| Dominican Republic | -- | -- | -- | -- | 2 | 39 | |||||||||||
| France | -- | -- | -- | -- | 1030 | 1840 | |||||||||||
| Germany | 27 | 1060 | 54 | 3230 | 66 | 266 | |||||||||||
| Guatemala | -- | -- | -- | -- | 10 | 61 | |||||||||||
| Hong Kong | 2 | 109 | 18 | 1150 | 14 | 1010 | |||||||||||
| India | 11 | 519 | 398 | 24800 | 150 | 5590 | |||||||||||
| Italy | -- | -- | 10 | 606 | 53 | 342 | |||||||||||
| Japan | 2 | 37 | 5 | 289 | 1180 | 36 | |||||||||||
| Korea, Republic of | 29 | 1060 | 66 | 4090 | 439000 | 17000 | |||||||||||
| Malaysia | -- | -- | -- | -- | 178 | 4060 | |||||||||||
| Mexico | (2) | 23 | 100 | 6290 | 2030 | 48900 | |||||||||||
| Singapore | -- | -- | (2) | 34 | 1700 | 23700 | |||||||||||
| Sweden | -- | -- | -- | -- | 78 | 8 | |||||||||||
| Switzerland | 3200 | 97800 | -- | -- | 1 | 4 | |||||||||||
| Taiwan | -- | -- | 4 | 254 | 279 | 928 | |||||||||||
| Thailand | 67 | 2520 | 8 | 491 | 5 | 9 | |||||||||||
| Turkey | 1 | 44 | 41 | 2510 | -- | -- | |||||||||||
| United Kingdom | 5 | 259 | 8 | 470 | 69 | 243 | |||||||||||
| Other | 4 | 234 | 5 | 339 | 139 | 939 | |||||||||||
| Total | 70300 | 3320000 | 794 | 49400 | 560000 | 131000 | |||||||||||
-- Zero.
1Table includes data available through August 6, 2024. Data are rounded to no more than three significant digits; may not add to totals shown.
2Less than ½ unit.
Source: U.S. Census Bureau.
Source: United States Geological Survey Mineral Resources Program
See also: Gold statistics | Mineral commodity prices