Azerbaijan starts importing gold from Romania and Zimbabwe

Foreign Policy 10:33 15.05.2025

In the first quarter of 2025, Azerbaijan imported 18,942 kilograms of gold from 18 countries worth $1.7 billion.During the mentioned period, Azerbaijan purchased 4,416 kilograms of gold worth $403.3 million from Russia, 3,354 kilograms worth $290.1 ​​million from Australia, 2,189 kilograms worth $198.3 million from the United Kingdom, 2,000 kilograms worth $174.7 million from Mexico, and 1,375 kilograms worth $129.8 million from Canada.

EDnews informs, citing the State Statistical Committee of Azerbaijan, that last year, the same kind of gold was imported into the country only in April.

This year, for the first time in the last 14 years, supplies were made from Romania and Zimbabwe.While in 2020-2023, a total of 1,724 kilograms of the same gold worth $98.3 million were imported to Azerbaijan, in 2024 41,078 kilograms of the same product worth $3.313 billion were imported.

In the first quarter, Azerbaijan sold gold only to Switzerland. Some 1,014 kilograms of gold worth $65.2 million were supplied to this country, which is 3.5 times and 83% more than the indicator a year ago, respectively.

Madina Mammadova\\EDnews

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