Imports of gold and diamonds in Azerbaijan have sharply increased

Last year, the volume of legal imports of precious stones and metals, jewelry ($ 121.5 million) increased by 9.3 times. For the last month of December, the main part of the import of these goods has accounted for.

According to the State Customs Committee, gold, silver, jewelry, precious stones are imported in December, a total of $ 92.7 million. This is 3.2 times higher than the previous 11 months ($ 28.8 million).

During the year of the export of gold, silver and jewelry, $ 205.6 million was reversed. This is 1.4% less than in 2020.

In 2021, the Government in order to prevent counterfeit goods decided on preferential taxation of jewelry – excise rates on them, canceled for three years.