As shown by the results of 2022, the UAE was the main importer of gold from Russia. In addition, as reported by Reuters, citing statistics from Russian customs, the volume of Russian gold supplies have increased Turkey and China.
According to the agency, during 2022 the volume of Russian gold imports to the UAE amounted to 75.7 tons for a total of $4.3 billion. The year before the figure was at only 1.3 tons.
There was also a significant increase in the supply of Russian gold to Turkey and China. The importation of 20 tons of precious metal for the period from February 24, 2022 to March 3, 2023.
In total, during this period, according to the agency, Russia sent 116.3 tons of gold for export, of which these three countries accounted for 99.8%.