How To Export Gold From India | Dhaval Malvania
In this video we will see
export of gold jewellery from india procedure
how to export gold jewellery from india to dubai
gold export duty
how to export gold jewellery from india to usa
how to export jewellery from india to usa
how to export diamonds from india
imitation jewellery export from india
gem jewellery export promotion council
Registration website for Gems and Jewellery Export Promition Council, India:
Chapter - 71 is dedicated according to ITC-HS Classification from DGFT, India.
Global sales from gold exports by country in 2016 amounted to US$324.6 billion.
Overall, the value of gold exports were down by an average -15.4% for all exporting countries since 2012 when gold shipments were valued at $383.5 billion. However, the value of global gold exports appreciated by 5.8% from 2015 to 20165.
Among continents, Asian countries accounted for the highest dollars worth of gold exports during 2016 with shipments amounting to $120.8 billion or 37.2% of the worldwide total. European exporters generated 35.5% worth of gold exports, while 10.8% was shipped from North America. Latin America (excluding Mexico) and Caribbean gold suppliers came in at 6.5%, followed by Africa and Oceania both at 4.9%.
The 4-digit Harmonized Tariff System code prefix for unwrought or semi-manufactured gold is 7108.
Below are the 15 countries that exported the highest dollar value worth of gold during 2016:
Switzerland: US$82.3 billion (25.3% of total gold exports)
Hong Kong: $54.1 billion (16.7%)
United Arab Emirates: $25.4 billion (7.8%)
United States: $17.7 billion (5.4%)
United Kingdom: $15.7 billion (4.8%)
Australia: $13.5 billion (4.1%)
Canada: $12.5 billion (3.8%)
Turkey: $8.2 billion (2.5%)
Japan: $7.3 billion (2.3%)
Thailand: $7.3 billion (2.2%)
Peru: $6.4 billion (2%)
Germany: $5.2 billion (1.6%)
Mexico: $4.9 billion (1.5%)
India: $4.3 billion (1.3%)
Ghana: $3.7 billion (1.2%)
The listed 15 countries shipped 82.7% of all gold exports in 2016.
Among the above countries, the fastest-growing gold exporters since 2012 were: India (up 12,612%), United Kingdom (up 580.1%), Japan (up 17.1%), Thailand (up 9.4%) and Hong Kong (up 8.3%).
Those countries that posted declines in their exported gold sales were led by: United States (down -48%), Ghana (down -47.2%), Germany (down -45.3%), Mexico (down -38.8%) and Turkey (down -38.2%).
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