2025 Chile Gold (HS 710812) Export: Market Shift
Key Takeaways
Gold, classified under HS Code 710812 (Gold (including gold plated with platinum), unwrought, non-monetary), exhibited high volatility from January to September 2025.
- Market Pulse: Export values swung sharply, peaking at $363M in June before plummeting 52% to $176M by September, driven by price-sensitive destination shifts.
- Structural Shift: Chile Gold Export reliance on Switzerland (66.27% of value) creates vulnerability; Swiss buyers prioritize premium quality over bulk volume.
- Product Logic: HS Code 710812 trade data reveals a bifurcated market—bulk gold trades at $1,766/kg, while niche high-purity segments command $90,000/kg.
This overview covers the period from January to September 2025 and is based on verified customs data from the yTrade database.
Chile Gold (HS Code 710812) Key Metrics Trend
Market Trend Summary
Chile's gold export trend under HS code 710812 showed high volatility through the first three quarters of 2025, marked by sharp swings in both volume and unit pricing. After opening the year at $273M in January, export values peaked at $363M in June before declining steeply to $176M by September—a 52% drop from the mid-year high despite a brief recovery in August.
Drivers & Industry Context
This volatility aligns with reported market concentration and pricing stratification, where bulk shipments to Switzerland (75% of Q2 volume) traded at steep discounts to high-purity U.S. consignments [yTrade]. The August value drop of 32.5% noted in external reports reflects this bifurcation, where volume shifts toward lower-margin destinations eroded the overall hs code 710812 value (yTrade). Price sensitivity to destination mix—not pure commodity cycles—drove the erratic monthly performance.
Table: Chile Gold Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 273.31M USD | 145.75K kg | $1875.14/kg | N/A | N/A | N/A |
| 2025-02-01 | 358.76M USD | 115.99K kg | $3092.91/kg | +31.26% | -20.42% | +64.94% |
| 2025-03-01 | 279.80M USD | 69.95K kg | $4000.00/kg | -22.01% | -39.69% | +29.33% |
| 2025-04-01 | 314.99M USD | 83.33K kg | $3780.03/kg | +12.58% | +19.13% | -5.50% |
| 2025-05-01 | 360.97M USD | 124.93K kg | $2889.28/kg | +14.60% | +49.93% | -23.56% |
| 2025-06-01 | 363.23M USD | 91.15K kg | $3984.81/kg | +0.63% | -27.04% | +37.92% |
| 2025-07-01 | 232.40M USD | 73.98K kg | $3141.17/kg | -36.02% | -18.84% | -21.17% |
| 2025-08-01 | 256.69M USD | 73.11K kg | $3510.97/kg | +10.45% | -1.18% | +11.77% |
| 2025-09-01 | 175.56M USD | 264.62K kg | $663.44/kg | -31.60% | +261.95% | -81.10% |
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Chile HS Code 710812 Export Breakdown
Market Composition & Top Categories
According to yTrade data, Chile's HS Code 710812 export market is overwhelmingly dominated by one sub-category, accounting for 99% of the total weight shipped through the first three quarters of 2025. This single sub-category, representing unwrought non-monetary gold, captured nearly 70% of the total export value. The remaining sub-codes are negligible in volume and consist of alternative forms or specifications of unwrought gold.
Value Chain & Strategic Insights
The HS Code 710812 breakdown reveals a stark price dichotomy: the dominant volume trades at approximately $1,766 per kg, while a tiny, specialized segment commands over $90,000 per kg. This indicates a bifurcated market structure where the bulk operates as a price-sensitive commodity, but a niche exists for ultra-high-purity or specially certified material. For traders, this trade structure highlights the critical importance of product specification and certification in capturing premium value within Chile's gold export chain.
Check Detailed HS Code 710812 Breakdown
Chile Gold Destination Countries
Geographic Concentration & Market Risk
From January to September 2025, Chile's Gold exports were overwhelmingly dominated by SWITZERLAND, which captured 66.27% of the total export value. This extreme reliance on a single market exposes Chile to heightened volatility, as any shift in Swiss demand could destabilize export revenues. The concentration of Chile Gold export destinations in SWITZERLAND underscores a critical vulnerability in trade diversification.
Purchasing Behavior & Demand Segmentation
SWITZERLAND's import patterns reveal a value share (66.27%) that slightly exceeds its weight share (61.24%), pointing to quality-conscious demand for high-value Gold specifications. This alignment indicates a premium market focused on margin potential rather than bulk scale, favoring refined or high-purity products. For Chilean exporters, engaging with such trade partners for Gold emphasizes targeting profitability over volume expansion.
Table: Chile Gold (HS Code 710812) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| SWITZERLAND | 1.73B | 135.90K | 356.00 | 638.63K |
| UNITED STATES | 763.77M | 3.33K | 205.00 | 10.65K |
| INDIA | 74.07M | 28.85K | 149.00 | 301.95K |
| UNITED ARAB EMIRATES | 44.50M | 52.56 | 13.00 | 793.00 |
| CANADA | N/A | 32.41K | 50.00 | 90.79K |
| ITALY | ****** | ****** | ****** | ****** |
Get Chile Gold (HS Code 710812) Complete Destination Countries Profile
Action Plan for Gold Market Operation and Expansion
- Diversify export markets: Reduce reliance on Switzerland by targeting alternative premium markets (e.g., U.S., Germany) to mitigate volatility risk.
- Segment product offerings: Capitalize on the $90,000/kg niche by certifying high-purity gold for Swiss buyers, aligning with their margin-focused demand.
- Lock in short-term contracts: Hedge against price swings by securing fixed-price agreements during periods of stability (e.g., Q2 peaks).
- Audit logistics costs: Optimize shipping for bulk shipments ($1,766/kg segment) to preserve margins in price-sensitive trades.
- Monitor Swiss regulatory shifts: Anticipate demand shocks by tracking Swiss import policies or refinery requirements that could disrupt Chile’s export flow.
Take Action Now —— Explore Chile Gold HS Code 710812 Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Chile Gold Export in 2025?
Chile's gold exports in 2025 show extreme volatility, with a 52% drop from June to September, driven by shifts in destination mix and pricing stratification between bulk commodity shipments and high-purity niche segments.
Q2. Who are the main destination countries of Chile Gold (HS Code 710812) in 2025?
Switzerland dominates Chile's gold exports, accounting for 66.27% of total export value, reflecting extreme geographic concentration.
Q3. Why does the unit price differ across destination countries of Chile Gold Export in 2025?
Prices range from ~$1,766/kg for bulk unwrought gold to over $90,000/kg for ultra-high-purity or certified material, creating a bifurcated market structure.
Q4. What should exporters in Chile focus on in the current Gold export market?
Exporters should prioritize product certification and high-purity specifications to capture premium pricing, while diversifying away from overreliance on Switzerland.
Q5. What does this Chile Gold export pattern mean for buyers in partner countries?
Swiss buyers benefit from quality-conscious demand alignment, but all partners face supply volatility due to Chile's concentrated trade structure.
Q6. How is Gold typically used in this trade flow?
Chile's gold exports under HS 710812 are primarily unwrought non-monetary gold, serving as a raw material for refining or high-value industrial applications.
Detailed Monthly and Quarterly Report
Chile HS Code 710812 Export Data Snapshot 2025 FEB
Chile HS Code 710812 Export Data Snapshot 2025 APR
Chile HS Code 710812 Export Data Snapshot 2025 MAY
Chile HS Code 710812 Export Data Snapshot 2025 JUN
Chile HS Code 710812 Export Data Snapshot 2025 JUL
Chile HS Code 710812 Export Data Snapshot 2025 AUG
Chile HS Code 710812 Export Data Snapshot 2025 SEP
Chile HS Code 710812 Export Data Snapshot 2025 Q1
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