Turkish jewelry sector targets $20 billion in exports
Türkiye’s jewelry industry has set a target of reaching $20 billion in exports, according to the Jewelry Exporters’ Association (MİB), as the sector seeks to reverse a sharp decline in overseas sales caused largely by restrictions on gold imports.
MİB data showed that Türkiye’s jewelry exports totaled $7.9 billion in 2025, while exports in the first six months of 2026 reached $2.9 billion.
During the same period, overall sector exports fell 33 percent, while exports of processed gold jewelry plunged 62 percent.
Mustafa Özcan, chairman of the MİB board, said Türkiye remains the world’s third-largest jewelry producer after India and Italy, but attributed the recent downturn primarily to quotas imposed on gold imports.
