Money

Jewellery export in the last 7 months is nearly valued at $3.3 billion

According to the statement of Turkey Jewellery Exporters Union, the sector made 3 billion 278 million dollars of jewellery export in the first 7 months of 2020; 490 million dollars of this export was made in July. ‘Gold Jewellery and Jeweller Products’ group of the sector has the biggest share of that total 7 months export; the group made 1.53 billion dollars of export. Following this, ‘Manufactured and Semi-Manufactured Gold Products’ group made 1 billion 516 million dollars of export; the exports value is increased by 57 percent compared to last year.

Gold Jewellery and Jeweller Products Group made the most export to Iraq with 473 million dollars of value, the second most export to United Arab Emirates with 239 million dollars of value and third most to Germany with 186 million dollars of value.

Manufactured and Semi-Manufactured Gold Products Group, also known as Bar Gold Products, made the most export to United Kingdom with 447 million dollars of value, the second most export to USA with 447 million dollars of value and third most to Switzerland with 98 million dollars of value.

Other main product exports were decreased; Gold with Diamond and Jeweller Products Group exports were decreased by 27 percent and Silver Jewellery Products Group exports were decreased by 28 percent in the last 7 months.

source: AA / translated by Bazaar Team

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