Hong Kong's Russian Gold Imports Surge to $14.5 Billion in First Seven Months of 2026
Summary
- Hong Kong's imports of Russian gold surged to about $14.5 billion in just the first seven months of this year.
- Hong Kong, which imported almost no Russian gold in 2019, brought in about $14.5 billion worth of gold during the first seven months of 2026.
- Rapidly expanding inflows of Russian gold into Hong Kong have increased the city's role in global gold trading flows.
Forecast Trend Report by Period
Hong Kong's imports of Russian gold surged to about $14.5 billion in the first seven months of 2026, up from virtually zero in 2019.
The Financial Times reported on September 7 that Hong Kong imported about $14.5 billion worth 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.
As inflows of Russian gold into Hong Kong have expanded rapidly in recent years, the city's role in global gold trading flows has also grown.
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