Imports: Gold

U.S. imports of Gold increased 168.56 percent through August to $21.44 billion.

Top markets Gold

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U.S. imports of Gold increased 168.56 percent through August to $21.44 billion

The category ranked 18 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 34 for the last full year with a total value of $15.94 billion, a $839.97 million, 5.56 percent increase from the 2023 total.

Through August of this year the leading sources were No. 1 Switzerland, No. 2 Canada, No. 3 Australia, No. 4 Mexico and No. 5 South Africa. The leading sources were No. 1 John F. Kennedy International Airport, No. 2 JFK International Airport land-based cargo, No. 3 Miami International Airport, No. 4 Buffalo Peace Bridge, NY and No. 5 Port Laredo.

In the last previous full year, the leading sources were No. 1 Canada, No. 2 Mexico, No. 3 Colombia, No. 4 Australia and No. 5 Switzerland. The leading sources were No. 1 John F. Kennedy International Airport, No. 2 Miami International Airport, No. 3 JFK International Airport land-based cargo, No. 4 Salt Lake City International Airport, UT and No. 5 Hartsfield-Jackson Atlanta International Airport.

Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:

Highlights for the top five ports:

  • John F. Kennedy International Airport rose 544.93 percent compared to last year to $12.57 billion.
  • JFK International Airport land-based cargo rose 221.74 percent compared to last year to $3.28 billion.
  • Miami International Airport rose 5.21 percent compared to last year to $2.34 billion.
  • Buffalo Peace Bridge, NY rose 842.39 percent compared to last year to $622.17 million.
  • Port Laredo rose 368.8 percent compared to last year to $513.14 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign sources:

  • U.S. imports from No. 1 Switzerland increased $6.26 billion, 1304 percent, (31.44 percent market share).
  • U.S. imports from No. 2 Canada increased $2.61 billion, 115.44 percent, (22.71 percent market share).
  • U.S. imports from No. 3 Australia increased $1.49 billion, 246.02 percent, (9.79 percent market share).
  • U.S. imports from No. 4 Mexico increased $245.18 million, 16.33 percent, (8.15 percent market share).
  • U.S. imports from No. 5 South Africa increased $1.51 billion, 1104 percent, (7.69 percent market share).

All totaled, 79.78 percent of all these Gold imports to the United States were shipped from the top five sources through August of this year. That is equal to $17.11 billion of the $21.44 billion total.

All totaled, 90.08 percent of all these Gold imports to the United States were shipped to the top five Ports through August of this year. That is equal to $19.32 billion of the $21.44 billion total.