Analysis and Studies - Products analysis

Jewellery in Turkey: an overview

Jewellery in Turkey is a key of the production industry. In 2021 Turkey exported £6.8 billion in Jewellery, making it the sixth largest exporter of Jewellery in the world.

In the same year, Jewellery was the most exported product in Turkey.

 

 

The main destination from Turkey are: United Arab Emirates with exports value at $1.5 billion, Iraq with a exports value at £1.5 billion, United States with $822 million, Hong Kong with exports value at $434 million and finally Libya, whose exports valued amounted at $403 million.

The swiftest growing export markets for Jewellery of Turkey, between 2020 and 2021 were United Arab Emirates ($987 million), Iraq ($521 million), and United States ($501 million).

Nonetheless, in 2021 Turkey bought abroad $875 million in Jewellery, turning into the 19th biggest importer of Jewellery wheresoever.

At the same year, Jewellery was the 56th most foreign-made product in TurkeyTurkey imports Jewellery mostly from: Italy ($407 million), United Arab Emirates ($221 million), India ($117 million), Switzerland ($27.7 million), and United States ($25.2 million).

The snappiest escalating import business in Jewellery for Turkey between 2020 and 2021 were Italy ($209 million), United Arab Emirates ($104 million), and India ($52.7 million).

 

Furthermore, in 2021 Turkey’s main exporting players in Jewellery were: China ($11.8 billion), India ($10.7 billion) and Switzerland ($9.35 billion).

Inversely, in 2021, Turkey’s main shipping in racers were Hong Kong, with imports value at $18.4 billion, United States with $13.8 billion and United Arab Emirates, whose imports value amounted at $9.05 billion.

About market growth: between 2020 and 2021 the fastest growing jewelley export markets for Turkey were United Arab Emirates ($987 million, 193%), Iraq ($521 million, 57.7%), United States ($501 million, 156%).

In other ways, in the same year, the most blistering decline markets for the exports of jewelley by Turkey were: Germany (-$257 million, -64.3%), Saudi Arabia (-$14.3 million, -97.4%) and Belgium (-$7.69 million, -20.1%).

 

Fonti: 

 https://oec.world/en 

https://data.worldbank.org/

https://www.trademap.org/