Gold in Azerbaijan | The Observatory of Economic Complexity

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Exports In 2022, Azerbaijan exported $188M in Gold, making it the 82nd largest exporter of Gold in the world. At the same year, Gold was the 5th most exported product in Azerbaijan. The main destination of Gold exports from Azerbaijan are: Switzerland ($186M), United Arab Emirates ($1.95M), and Turkey ($247k).

The fastest growing export markets for Gold of Azerbaijan between 2021 and 2022 were United Arab Emirates ($1.86M) and Turkey ($81.3k).

Imports In 2022, Azerbaijan imported $15.1M in Gold, becoming the 92nd largest importer of Gold in the world. At the same year, Gold was the 205th most imported product in Azerbaijan. Azerbaijan imports Gold primarily from: Turkey ($9.8M), United Arab Emirates ($4.92M), Switzerland ($349k), and United Kingdom ($43.8k).

The fastest growing import markets in Gold for Azerbaijan between 2021 and 2022 were Turkey ($9.8M) and United Arab Emirates ($3.61M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gold from Azerbaijan to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Trade Value

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Growth (%)

Year

EXPORTS (2022)$188M

IMPORTS (2022)$15.1M

NET TRADE (2022)$173M

In 2022, Azerbaijan exported $188M in Gold. The main destinations of Azerbaijan exports on Gold were Switzerland ($186M), United Arab Emirates ($1.95M), and Turkey ($247k).

In 2022, Azerbaijan imported $15.1M in Gold, mainly from Turkey ($9.8M), United Arab Emirates ($4.92M), Switzerland ($349k), and United Kingdom ($43.8k).