Chile Gold HS710812 Export Data 2025 August Overview

Chile Gold (HS 710812) 2025 August Export: Key Takeaways

Chile Gold Export 2025 August (HS Code 710812) shows extreme geographic concentration, with Switzerland dominating 61% of value and 80% of weight, signaling bulk commodity trade, while the U.S. and India drive premium demand. Market volatility is high, as Switzerland’s dominance risks sudden shifts—evidenced by the U.S. overtaking as top buyer by September. This analysis covers August 2025, using verified Customs data from the yTrade database. Producers must diversify buyers immediately to mitigate price pressure and leverage new EU trade agreements.

Chile Gold (HS 710812) 2025 August Export Background

What is HS Code 710812?

HS Code 710812 covers Gold (including gold plated with platinum), unwrought, non-monetary, a high-value commodity primarily used in jewelry, electronics, and as a financial reserve. Its global demand remains stable due to its dual role as an industrial input and a hedge against economic uncertainty. Chile’s exports under this code, particularly gold powder, are critical to its mining sector, which leverages the country’s abundant natural resources.

Current Context and Strategic Position

In August 2025, Chile’s Gold HS Code 710812 Export dropped 32.5% to $154M, reflecting market volatility despite steady shipments to the U.S. and Switzerland [yTrade]. This decline coincides with the EU-Chile Interim Trade Agreement, enacted in February 2025, which reshapes tariff structures and documentation for Chilean exports to Europe [EU Taxation]. Chile’s gold trade remains strategically significant due to its concentrated buyer base—Switzerland dominated Q2 2025, while the U.S. surged to 46.2% share by September (yTrade). Market vigilance is essential as shifting demand and policy adjustments could further impact Chile Gold HS Code 710812 Export 2025 August performance.

Chile Gold (HS 710812) 2025 August Export: Trend Summary

Key Observations

In August 2025, Chile's gold exports under HS Code 710812 totaled $256.69 million with a volume of 73.11 thousand kilograms, reflecting a steady performance despite broader market volatility.

Price and Volume Dynamics

Month-over-month, the value rose by 10.4% from July's $232.40 million, while weight edged down by 1.2%, indicating an increase in the average price per kilogram. This trend is consistent with gold's characteristic price-driven value fluctuations, where shifts in global bullion prices often outweigh volume changes. The resilience in August's exports for this specific code contrasts with softer periods earlier in the year, underscoring the commodity's sensitivity to real-time pricing rather than seasonal cycles.

External Context and Outlook

External reports note a significant 32.5% decline in Chile's broader gold exports under HS Code 7108 to $154 million in August [yTrade], highlighting market concentration risks and volatility. For HS Code 710812, the stronger performance may relate to specific buyer demand or product differentiation. The EU-Chile trade agreement (FreightAmigo) continues to shape trade flows, with outlook hinging on global economic conditions and gold price movements, suggesting continued unpredictability for Chile Gold HS Code 710812 Export 2025 August.

Chile Gold (HS 710812) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

In August 2025, Chile's Gold HS Code 710812 Export was highly concentrated in standard unwrought gold, with sub-code 71081219 dominating over 75% of the value share. According to yTrade data, this product, described as non-monetary unwrought gold, had a unit price of approximately 2,683 USD per kilogram and accounted for nearly all weight shipped. An extreme price anomaly was identified in sub-code 71081211, with a unit price exceeding 100,000 USD per kilogram, which is isolated from the main analysis due to its specialized nature.

Value-Chain Structure and Grade Analysis

The market for Chile Gold HS Code 710812 Export in 2025 August is structured around a single bulk commodity category of standard unwrought gold, indicating a trade in fungible raw materials. The absence of significant value-add stages or grade variations among non-anomalous sub-codes suggests that pricing is primarily driven by global commodity indices, rather than product differentiation or manufacturing processes.

Strategic Implication and Pricing Power

Market players face limited pricing power due to the commodity nature of Chile's gold exports, making them vulnerable to international price swings. The 32.5% drop in export value to $154 million in August 2025, as reported by yTrade, underscores this volatility. Strategic efforts should focus on optimizing production costs and exploring stable markets to reduce exposure to price fluctuations.

Check Detailed HS 710812 Breakdown

Chile Gold (HS 710812) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

Chile Gold HS Code 710812 Export 2025 August shows extreme market concentration, with Switzerland taking 61% of the value and 80.25% of the weight, making it the clear dominant buyer. The close match between its value share and weight share confirms it buys large volumes of standard, bulk commodity gold.

Partner Countries Clusters and Underlying Causes

Two clear clusters emerge. The United States and India form a high-value cluster, with their value shares (23.22% and 15.78%) massively exceeding their small weight shares (0.96% and 10.88%), indicating purchases of high-purity, premium gold products. Canada represents a bulk raw material cluster with a significant weight share (7.91%) but no reported value, suggesting exports of unrefined gold for further processing.

Forward Strategy and Supply Chain Implications

This heavy reliance on Switzerland creates major risk for Chile Gold HS Code 710812 Export 2025 August. [yTrade] data shows market dominance can shift quickly, as the U.S. became the top buyer by September. Producers must immediately diversify buyers to avoid price pressure. The new [EU-Chile Interim Trade Agreement] offers a strategic path to develop more European customers and reduce this concentration risk.

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Chile Gold (HS 710812) 2025 August Export: Action Plan for Gold Market Expansion

Strategic Supply Chain Overview

The market for Chile Gold Export 2025 August under HS Code 710812 is a pure commodity trade. Price is driven by global gold indices, not product features. Supply depends entirely on a few bulk buyers and one key destination. This creates high risk. Any shift in Swiss demand or world prices directly impacts Chile's export value.

Action Plan: Data-Driven Steps for Gold Market Execution

• Use yTrade data to identify and qualify new EU buyers. The new EU-Chile trade deal lowers barriers. This reduces reliance on Switzerland and spreads risk.
• Analyze buyer purchase frequency to forecast demand cycles. This prevents overproduction and inventory costs when bulk buyers pause orders.
• Track U.S. and Indian import data for premium product trends. These markets pay more for high-purity gold. Targeting them boosts profit per kilogram.
• Monitor real-time shipping records for Canadian shipments. Canada takes unrefined gold. Confirming these exports secures a stable outlet for raw material.

Take Action Now —— Explore Chile Gold Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Chile Gold Export 2025 August?

The 10.4% month-over-month value increase is driven by higher gold prices, offsetting a slight volume decline. However, broader market volatility remains a risk, as seen in the 32.5% drop in Chile’s total gold exports for August.

Q2. Who are the main partner countries in this Chile Gold Export 2025 August?

Switzerland dominates with 61% of export value, followed by the U.S. (23.22%) and India (15.78%). The U.S. and India focus on premium gold, while Switzerland buys bulk commodity-grade shipments.

Q3. Why does the unit price differ across Chile Gold Export 2025 August partner countries?

Price differences stem from product specialization: the U.S. and India purchase high-purity gold (reflected in higher value-to-weight ratios), while Switzerland trades standard unwrought gold at commodity-indexed prices.

Q4. What should exporters in Chile focus on in the current Gold export market?

Exporters must prioritize relationships with dominant bulk buyers like Switzerland while diversifying into premium markets (e.g., U.S./India) to mitigate overreliance on a single destination.

Q5. What does this Chile Gold export pattern mean for buyers in partner countries?

Bulk buyers (e.g., Switzerland) benefit from stable commodity pricing, while premium buyers (e.g., U.S.) secure high-grade gold. Both face supply risks if Chile’s export concentration persists.

Q6. How is Gold typically used in this trade flow?

Chile’s gold exports under HS Code 710812 are primarily unwrought, non-monetary gold—a fungible raw material traded as a bulk commodity or refined for high-value applications like jewelry or investment.