Hong Kong’s Russian Gold Imports Surge to $14.5 Billion in First Seven Months of 2026
JH Kim
Summary
- Hong Kong’s imports of Russian gold surged to about $14.5 billion in the first seven months of this year.
- The report said import volumes rose sharply in Hong Kong, which had imported almost no Russian gold in 2019.
- The rapid increase in Russian gold flowing into Hong Kong has expanded the city’s role in global gold trading flows.
Hong Kong’s imports of Russian gold surged to about $14.5 billion in the first seven months of 2026, from virtually zero in 2019.
The Financial Times reported on Sept. 7 that Hong Kong imported about $14.5 billion of gold from Russia during the first seven months of 2026.
That marks a sharp increase from 2019, when Hong Kong imported almost no Russian gold.
The rapid rise in Russian gold flowing into Hong Kong in recent years has expanded the city’s role in global gold trading flows.
JH Kim
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