Azerbaijan’s customs statistics recorded exports of 25.36 tonnes of gold worth $3.78 billion in January-September 2026. Gold accounted for 15.85% of all merchandise exports and 56.85% of non-oil exports.
What the category covers
The figure refers to heading 7108: unwrought or semi-manufactured gold, or gold in powder form. It does not cover the entire precious metals and jewellery group. The customs methodology includes non-monetary gold and excludes monetary gold.
| Indicator | Non-oil exports, US$ million |
|---|---|
| Gold, heading 7108 | 3,781.57 |
| Other non-oil goods | 2,870.00 |
A major influence on the aggregate
Excluding heading 7108 would leave approximately $2.87 billion of non-oil exports. This is a FinFly calculation rather than a separate official category. It illustrates how strongly a single product affects the headline figure.
Exports are not domestic mine output
The report separately identifies goods of Azerbaijani origin, while the overall export total has broader coverage. Without information on shipment origins, the figures cannot be treated as a measure of domestic gold production or the performance of individual mining companies.
