Turkey's Gold Jewelry Exports Rise by 22.8%

Turkey`s gold jewelry exports rose by 22.8% between January and August of this year to $746.7 million. Exports during August alone soared by 62.7% to 10.3 tons.

The top markets for Turkey`s gold jewelry exports were the United Arab Emirates, the United States and Russia.

Although the United States remains the biggest export market, shipments to that country declined by almost 7% while exports to Russia, a new area for Turkish gold jewelry exports, increased by 61%.

Turkey`s gold jewelry exports dropped by over 20% to 85.8 tons in 2006.