Gold and silver production in Azerbaijan has decreased, while gold exports have increased

ECONOMY24.07.2026
Gold and silver production in Azerbaijan has decreased, while gold exports have increased

In January-June 2026, 1316.5 kilograms of gold were produced in Azerbaijan.

elchi reports, citing the State Statistical Committee, that this is 17.8% less compared to the same period of the previous year.

In addition, 1808.2 kilograms of silver were produced during the reporting period. Compared to January-June 2025, silver production decreased by 6.9%.

As of July 1, there were 168.8 kilograms of gold and 534.1 kilograms of silver in the warehouses of industrial enterprises.

It should be noted that in January-May 2026, compared to January-May 2025, 23,799.8 kilograms of unwrought or semi-wrought gold, or gold in powder form, worth 3 billion 636 million 158.1 thousand dollars were exported. Compared to the same period last year, gold exports increased 13.6 times in quantity and 29.7 times in value.