Who Buys UAE Gold? Where Did Dh196 Billion in Exports Go Last Year?

Gulf Trick
Wednesday, July 2, 2025 11:46 AM

Dubai: The UAE has solidified its status as a leading gold exporter, with exports reaching an impressive $53.41 billion in 2024-25.

This surge highlights the country’s strategic position as a global hub for gold trade, catering to both tourists and major international buyers.

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According to TradeImex, gold bars lead UAE’s gold exports with a value of $5.8 billion, followed by gold coins at $4.7 billion and jewellery at $3.8 billion. Among the top importers, Switzerland stands out, importing gold worth $4.76 billion from the UAE.

The United Kingdom and India follow, each importing $3.65 billion and $2.87 billion worth of gold, respectively.

The World Gold Council emphasizes the UAE’s robust infrastructure and free-trade policies, which continue to enhance its appeal in global markets.

Understanding the flow of UAE gold provides insights into evolving trade dynamics and investment trends.