HomeEconomyTürkiye’s jewelry exports soar 72.1% in Q1 to hit $2.5 billion

Türkiye’s jewelry exports soar 72.1% in Q1 to hit $2.5 billion

Date:

Popular News

Turkish jewellery exports jumped 72.1% within the first quarter, in comparison with the identical interval final yr, totaling $2.5 billion, in keeping with information from the Türkiye Exporters’ Assembly (TIM).

Türkiye’s whole exports elevated by 2.5% in January-March, reaching $65.3 billion, and the jewellery sector accounted for 3.9% of this whole, in keeping with information compiled by the Anadolu Agency (AA).

Of the overall $2.5 billion jewellery exports, $2.1 billion accounted for jewelers’ gold merchandise, $347.3 million unprocessed or semi-processed gold, $90.4 million jewelers’ silver merchandise and $31.7 million accounted for unprocessed or semi-processed silver.

Precious metals or precious-metal-plated metals totaled $22.8 million, and cultured pearls, valuable and semi-precious stones and merchandise fabricated from them, $1.9 million.

At the identical time, watches, elements, and watch elements coated with valuable metals made up $3.2 million, imitation jewellery $3.9 million, different unprocessed or semi-processed valuable metals $2.7 million and different merchandise fabricated from valuable metals $810,700.

The highest export within the jewellery sector was made to the United Arab Emirates (UAE) with $1.2 billion, adopted by the United States with $199.5 million, Switzerland $181.5 million, Hong Kong Special Administrative Region $128 million and Mexico $92.6 million, Kyrgyzstan $88 million and Libya with $78.6 million.

Türkiye’s jewellery exports to the UAE rose by $838.4 million, whereas jewellery exports to Switzerland elevated by $157.1 million, Kyrgyzstan by $46.3 million, the U.S. by $37.5 million and Libya by $35.5 million within the first quarter.

Türkiye’s highest jewellery exports got here from Istanbul, whose items accounted for $1.9 billion, whereas Çorum in northern Anatolia made up for $646.1 million, Trabzon on the Black Sea coast $30.5 million, Kastamonu in northern Türkiye $16.4 million, Ankara $5.6 million and the northwestern metropolis of Sakarya $3 million.

The Daily Sabah Newsletter

Keep updated with what’s occurring in Turkey,
it’s area and the world.


You can unsubscribe at any time. By signing up you might be agreeing to our Terms of Use and Privacy Policy.
This web site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Source: www.dailysabah.com

Latest News

LEAVE A REPLY

Please enter your comment!
Please enter your name here