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Friday, 29th July 2005 (4609 views)

Turkish jewellery sector exports rose by 16 per cent to $487 million in the first six months of 2005, compared to $420 million for the same period last year, according to the Istanbul Mineral and Metals Exporters' Union (IMMIB).<br/><br/>Union chairman Cihan Kamer announced that exports from the country are now expected to reach between $1.1 and $1.2 billion this year, up from $930 million in 2004.<br/><br/>He revealed that gold-made jewellery exports made up around 93 per cent of all jewellery exports in the first half of 2005, an increase of 22 per cent year-on-year.<br/><br/>Gold prices over the half-year rose by seven per cent and Turkey also saw an increase in the number of trademark companies during the six months. <br/><br/>Mr Kamer attributed the strong growth in jewellery exports to the quality of the products and services provided and a rise in tourist sales. Turkey exports goods to 136 countries in the world and is aiming to become more active in the Russian and Chinese markets.<img alt="track" src="http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15013423"/>

 

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