Turkey aims to increase the exports of its jewellery products to over $10 billion in 2023, despite the February earthquakes' impact on the sector.
Burak Yakin, chairman of the Turkish Jewellery Exporters' Union (MIB), said that the country's jewellery industry is recuperating from the catastrophic February 6 earthquakes and expected to continue its robust growth in 2023, surpassing the $10 billion in exports recorded in 2022, up from $6.7 billion of exports and re-exports registered in 2021.
The exports have increased significantly in the past decade, and accounts for 1.5 per cent of all Turkish exports in 2022, according to data released by the Turkish Statistical Institute in March.
More than 300 tonnes of gold are made into sophisticated pieces of jewellery in Turkish factories each year, according to statistics released by MIB.
Source: IANS
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