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Countries With the Highest Gold Import Duty (June 2026)
Countries ranked by the import duty applied to gold, a key reason retail gold prices vary worldwide. Updated on MarketsHost.
by Mubarak
Published Jun 13, 2026 | Updated Jun 13, 2026 | ๐ 2 min read
Gold import duties represent a significant component of the cost structure for physical gold in different regions. These tariffs directly influence retail price differentials across international markets, as countries implement varying rates of taxation on incoming bullion. The following ranking identifies nations currently applying the most substantial import duties on gold, reflecting diverse trade policies and fiscal approaches to precious metals trade.
Market participants, from retail investors to institutional traders, monitor import duty structures because they fundamentally shape the economics of gold ownership in different jurisdictions. By understanding which countries impose the steepest duties, observers can better grasp the supply-demand dynamics and pricing mechanisms that drive local and global gold markets. This insight proves valuable for those tracking currency movements, inflation patterns, and regional commodity market trends.
Countries Ranked by Gold Import Duty
| # | Country | Gold import duty |
|---|---|---|
| 1 | Algeria | 30.00% |
| 2 | Bangladesh | 25.00% |
| 3 | Pakistan | 18.00% |
| 4 | Turkey | 18.00% |
| 5 | India | 15.00% |
| 6 | Sri Lanka | 15.00% |
| 7 | Tunisia | 15.00% |
| 8 | China | 13.00% |
| 9 | Kenya | 10.00% |
| 10 | Jordan | 10.00% |
| 11 | Bolivia | 10.00% |
| 12 | Ecuador | 10.00% |
| 13 | Ukraine | 10.00% |
| 14 | Jamaica | 10.00% |
| 15 | Nepal | 10.00% |
How this list is compiled
Import-duty percentages are taken from MarketsHost's country configuration used to compute local gold prices, ranked from highest to lowest. Figures are pulled automatically from MarketsHost data and refreshed regularly. This page is for general information only and is not investment, financial or trading advice.
For the underlying data, explore live gold prices for 119 countries on MarketsHost.
Frequently Asked Questions
. What is gold import duty?
It is a tax charged by a government on gold brought into the country. It raises the local retail price above the international spot price.
. Does a higher duty always mean higher prices?
Generally yes โ duty is added on top of the spot price, so countries with higher duties tend to have higher retail gold prices, before local taxes and premiums.