YOY growth of gold exported from Armenia accelerated sharply - from  3.7% to 32.8%

ArmInfo. 3 087.8 kg of gold, was exported from Armenia in the H1 of 2019, which is 32.8% more than the indicator of the previous year, against a growth of  3.7% in the same period of 2018. According to the RA Customs Service,  the customs value of exported gold increased in the H1 of 2019 by  41.1% - up to $ 116 million.

At the same time, Armenia increased gold imports by 7.7% (against  growth by 38.9% a year earlier) to 1,020.4 kg, while the customs  value increased by 8.2% to $ 43.6 million.  During the reporting  period, Armenia exported gold, mainly to Switzerland - 97.1%, and the  remaining 2.9% - to Italy. Gold was imported to a dominant degree  from the Russian Federation (74.3%) and the UAE (24.2%).