Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Baku, December 15 /Xinhua/ — In 2025, Azerbaijan significantly increased its gold imports, reaching a historic high in both volume and value, the Report news agency reported, citing official data from the State Statistics Committee of Azerbaijan.
From January to October 2025, the country imported 44.4 tons of gold worth approximately $4.52 billion. Compared to the same period in 2024, the value of imports doubled, and the physical volume increased by 64%. The country primarily imported semi-processed gold: rods, wire, plates, sheets, and strips.
The sharp increase is particularly noticeable compared to previous years. From 2020 to 2023, Azerbaijan's total gold imports amounted to less than 2 tons. However, by 2024, the country imported over 41 tons of gold, worth over $3.3 billion, and this trend continued in 2025.
Australia, Russia, the UK, the US, and Switzerland were the main suppliers of gold to Azerbaijan. Supplies from Russia and Switzerland contributed the most to the growth of imports.
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