Germany moved 111t from New York in 2016, and, afaict, nothing since then. There's still 1236t left.
Italy also keeps over 1000t in New York (no plans for repatriation).
The Netherlands physically moved 27 tons of gold from the US and Canada (mostly New York) to the Netherlands this year.
This is effectively outsourcing that process to the banks.
If the Banque de France holds physical in New York and sells it to JPMorgan (nothing moves) and then in Paris buys contract for physical from UBS, there will probably need to be physical gold that moves.
In all likelihood, Swiss gold held by e.g. a Gulf customer might be sold to Paris (nothing moves) and JPMorgan may entice Venezuela to take those contracts on its balance sheet (nothing moves). But if it’s a big trade, the price of delivering physical in Paris (or Genève) will go above spot in New York at which point it’s profitable for JPMorgan to take delivery, load up planes and physically ship gold.
[0] https://www.usagold.com/gold-arbitrage-trade-winds-down-amid...
It’s typically flown [1].
[1] https://www.independent.co.uk/news/world/americas/us-politic...
Although a sibling commenter mentioned that they moved their gold by selling it and rebuying it in Europe. If that gold qualifies as non-reserve gold after sale, and is moved out after sale to (for example) China, then perhaps?
[0]: See the link in https://news.ycombinator.com/item?id=50134172
I don't know. Does it count as export if it's not moved an inch?
Not sure if "The U.S governments gold reserves" also includes the ones from other countries though.