Rise in jewelry exports from Israel in 2006

Jewelry exports from Israel showed a small rise in 2006 and reached USD 390 million, compared to USD 380 million in 2005.

Eighty percent of the exports were exports of gold jewelry and 34 percent were set with diamonds or precious stones. Fashion jewelry accounted for 12.5 percent and silver jewelry for 7.5 percent of the exports, the Israel Export and International Cooperation Institute reported.  

Exports of jewelry set with diamonds and precious stones reached USD 135 million, an increase of 4 percent compared to 2005.

Five companies each exported in excess of USD 10 million, accounting for 40 percent of total jewelry exports from Israel. The major markets for jewelry exports from Israel were the United States, the United Kingdom, Hong Kong and Russia.

Reprinted with permission of The Israel Export and International Cooperation Institute