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Jewelry export from Turkey to foreign markets downgrades

Türkiye Materials 5 June 2020 16:28 (UTC +04:00)
Jewelry export from Turkey to foreign markets downgrades

BAKU, Azerbaijan, June 5

By Rufiz Hafizoglu – Trend:

Export of jewelry from Turkey to international markets dropped by 11.8 percent from January through May 2020, compared to the same period of 2019, having made over $1.2 billion, Turkish Trade Ministry told Trend on June 5.

According to the ministry, this amount accounted for 2.1 percent of the country’s total export for the reporting period.

"In May 2020, Turkey exported jewelry worth $225.4 million to world markets, which is 37.4 percent less compared to the same month of 2019," the ministry said.

Turkey’s export of jewelry abroad in May this year amounted to 2.3 percent of the country’s total export.

During the last twelve months (from May 2019 through May 2020), Turkey exported jewelry worth more than $3.9 billion.

In April this year, Turkey’s export of jewelry to international markets amounted to 1.6 percent of the country’s total export.

From April 2019 through April 2020, Turkey exported jewelry worth $4 billion.

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Follow the author on Twitter: @rhafizoglu

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