During January-November of last year, 34 thousand 83.33 kilograms of gold worth USD 2 billion 714.8 million were imported to Azerbaijan, APA-Economics reports.
According to calculations conducted by APA-Economics based on the report of the State Statistical Committee, gold imports to the country increased by 426 times or 34 tons in volume terms compared to the corresponding period of the previous year.
The average import price of 1 kilogram of gold imported to the country during the reporting period was USD 79 thousand 650.7.
It should be noted that in the 11 months of last year, gold production in Azerbaijan amounted to 2,567.2 kg. During this period, 3,974.2 kg of unprocessed gold worth USD 186 million 568 thousand was exported from Azerbaijan to Switzerland. The average export price of 1 kilogram of this product was USD 46,944.
The table below displays the volume of gold imported to Azerbaijan by country and average import prices in the 11 months of last year:
| Countries | Gold import kg | Import value. Thousand USD | Average price of 1 kilogram. USD |
| Australia | 15 183,43 | 1 198 651,62 | 78 944,7 |
| USA | 10 924,02 | 883 559,26 | 80 882,2 |
| Canada | 2023,23 | 150574,06 | 74 422,6 |
| Russia | 1985,03 | 160 625,51 | 80 918,4 |
| Switzerland | 1977,76 | 150 779,07 | 76 237,3 |
| Kazakhstan | 1919,34 | 169080,57 | 88 093 |
| Türkiye | 69,95 | 1 488,37 | 21 277 |
Note that the import of gold into the country refers to semi-finished gold bars, wire and profiles, plates, and sheets, strips or ribbons with a thickness of more than 0.15 mm, regardless of any backing.
