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Russia tightens gold export rules with strict new airport-only policy

Putin's latest move clamps down on gold smuggling—but will it reshape global trade? Only four airports can now handle large shipments.

The image shows an old certificate with a gold border and a seal on it. The certificate is from the...
The image shows an old certificate with a gold border and a seal on it. The certificate is from the Russian Federation and has text written on it, likely indicating that it is a stock certificate.

Russia tightens gold export rules with strict new airport-only policy

Russia has introduced strict new rules on exporting refined gold bars. A presidential decree signed by Vladimir Putin will ban most shipments over 100 grams from May 1, 2026. Exceptions will apply only at designated airports with specialised customs checkpoints. The decree allows exports solely through four airports: three in Moscow and one in Vladivostok. Deputy Finance Minister Alexei Moiseyev confirmed the authorisation for these locations. Each shipment must pass through customs posts equipped to handle precious metals.

Customs officers will use mobile devices to verify permits on the spot. The system aims to tighten control over gold leaving the country. No other exit points will be permitted for large gold bar exports after the deadline.

The ban takes effect in just under two years. All legal exports of gold bars over 100 grams will then flow through the four approved airports. The government has not announced further exceptions or changes to the policy.

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