Russia has increased jewelry exports to Kazakhstan by one and a half times in a year

Russia increased jewelry exports by one and a half times and jewelry exports to Kazakhstan by two times in a year. This was reported on September 18 in the customs statistics of Kazakhstan.

It is noted that in July, the supply of jewelry from Russia to Kazakhstan exceeded $8 million, and costume jewelry — $ 1.1 million, RIA Novosti reported.

Thus, Russia has covered 41% of Kazakhstan's import needs in jewelry and 47.3% in costume jewelry.

Golden cutoff: Russians have become less likely to buy jewelry

What is the reason and will this trend continue?

Earlier, on September 17th. It was reported that the demand for gold jewelry has fallen in Russia. It is noted that in the first half of 2025, Russians purchased 15.5 tons of gold jewelry, which is 10% less than a year earlier.

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