Turkish Jewellery Industry

Export of jewellery products made of precious metals has increased significantly over the last 10 years in Turkey . This increase elevated Turkey 's standing to one of the global leaders in the industry.

Turkey has the total capacity to produce 400 tons of gold and 200 tons of silver annually, however this capacity is not fully utilized. Turkey mostly ranks among the top-five countries in the world in gold jewellery production. And also, world jewellery authorities point out Turkey as a rival to Italy in this field. The production and export figures that are published also in international professional magazines, approve this situation.

At present, there are more than 50 major companies in which 200-1500 qualified workers are employed. The industry is a huge one amongst the Turkish manufacturing industries and employs about 250 thousand people currently.

The center for gold jewellery production is Istanbul . However, production in Ankara and Izmir is also extensive. Some cities in East and Southeast Anatolia also produce gold jewellery. A gold stock exchange was established in 1995 at Istanbul and a gold refinery began production in February 2002.