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First quarter growth in exports of Israeli jewelleryTuesday, 30th May 2006 (3081 views) Israeli exports of gold studded jewellery rose by 5 per cent in the first quarter of 2006, when compared with export sales for the country in the same period last year, the Israel Export Institute has reported.Although other gold jewellery exports were down, the Israeli jewellery industry as a whole showed overall growth in exports during the first quarter against totals for 2005, with sectors such as costume jewellery exhibiting strong potential. The Israel Export and International Cooperation Institute (IEI) points out that several western countries are recognising advantages in importing Israeli-made jewellery. For buyers in North America, Europe, and certain other locations, jewellery may be purchased without incurring duty taxes. Diamond jewellery is often competitively priced, because of close links between the Israeli jewellery and diamond producers. The JCK 2006 exhibition for international jewellery buyers in Las Vegas, will showcase the collections of 28 Israeli jewellery manufacturers in June.
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