ArmInfo. In 2020, 5,670 kg of gold were exported from Armenia (including galvanic spraying), which in quantitative terms is 2.7% lower than a year ago.
According to the report of the RA Customs Service, the customs value of exported gold in 2020 increased by 14.3% per annum - up to $ 255.8 million.
During the reporting year, Armenia exported gold mainly to Switzerland (50%), India (30.4%) and the UAE (19.4%).
At the same time, 446.9 kg of gold were imported in 2020, which is 82.2% less than a year ago, for a total amount of $ 22.2 million (with an annual decline of 78.9%).
Russia is in the lead among the countries supplying gold to Armenia (71.8%), followed by the UAE (19.4%), Switzerland (6%), the United States (2.7%), and Thailand.
To recall, in 2019 Armenia exported 5,825 kg of gold with an annual growth of 16.3%. The customs value of exported gold increased by 27.4% to $ 223.7 million. The volume of imported gold amounted to 2,512.3 kg of gold, and the customs value was $ 114.6 million, and both indicators increased by 42.2% and 56.7%, respectively. Gold was exported mainly to Switzerland (96.6%), while it was imported from Russia (82.1%) and the UAE (15.7%).
