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Iran's gold imports up sixfold in six months as country evades sanctions

Section: Daily Dispatches

By Amirhadi Anvari
Iran International, London
Thursday, September 26, 2024

The head of Iran's Customs reported that approximately 43 tons of gold bullion, valued at $2.5 billion, were imported into the country during the first six months of the Iranian calendar year, from March 21-September 20.

The figure represents a sixfold increase compared to the same period last year, when only 7.3 tons, worth $466 million, were imported.

... Dispatch continues below ...


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Mohammad Rezvanifar noted that most of the gold was cleared through the International Imam Khomeini Airport in Tehran, with a small percentage handled by customs offices in various other locations across the country.

In a similar period last year, 7.3 tons of gold bullion, valued at $466 million, were imported into the country. This year, "96.8% of the imported gold bullion was brought in and cleared through Imam Khomeini Airport Customs," he said Tuesday. ...

... For the remainder of the report:

https://www.iranintl.com/en/202409260505

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