Hong Kong – Switzerland Gold Trade

This chart is calculated as Hong Kong gold import from Switzerland minus export and re-export to Switzerland. The categories I counted where HKHS (Hong Kong Harmonized System) codes:

98002: GOLD COIN AND CURRENT COIN
97101: GOLD (INCLUDING GOLD PLATED WITH PLATINUM), NON-MONETARY,
           UNWROUGHT OR IN SEMI-MANUFACTURED FORMS, OR IN POWDER FORM

As we can see in the chart below total Hong Kong net inflow ytd is 140t, so most of the gold it’s net importing from Switzerland is being exported, in example to China Mainland.