Iran increased gold imports

11:23 - 27.05.2024

May 27, Fineko/ Iran has imported 4.6 tons of gold bars this year, ABC.AZ reports, referring to the Iranian News Agency (IRNA).

According to the Iranian customs, the country imported 4.6 tons of gold bars in the first 2 months of this year (3.8-fold more versus the 2023 same term).

The value of standard gold bars imported into the country for the specified period reached $330 million. Over the 2023 same term, Iran imported 1.2 tons of gold bars for $79 million.

According to this report, 91% of gold bullion imports in the first two months of this year accounted for the Imam Khomeini Airport Customs.

In December 2022, the government decided to provide incentives for the import of gold bars, after which the volume of imports increased significantly.