Azerbaijan exported gold worth $40 million from January through February, marking a significant increase in export revenues.
Data from the March issue of the “Export Review” published by the Center for Economic Reforms Analysis and Communication (CERAC) indicate that this figure represents a 5.9-fold increase compared to the same period in 2024 ($6.8 million).
The surge in gold exports is part of a broader growth in Azerbaijan’s non-oil sector, which saw a 6.6% rise in total exports from January through February, reaching around $485 million. (Trend)