GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - May 2025
Thailand’s gem and jewelry export value of January-May 2025 increased 91.60 percent from the value of USD 6,323.79 million last year to USD 12,116.193 million. The products are listed as Thailand’s third most important exports with a 8.77 percent share of the country’s gross exports. However, without the export value of unwrought gold, the actual export value of gem and jewelry products was USD 6,647.30 million, a 72.59 percent growth from the same period of last year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - April 2025
Thailand’s gem and jewelry export value from January to April 2025 amounted to USD 10,362.53 million, a 110.82% increase compared to the same period of last year. The products ranked as the country’s second most important exports with a 9.67% share of Thailand’s total gross exports. Nevertheless, when deducting unwrought gold from the total export value, the actual export value of gem and jewelry was USD 5,801.30 million, a 91.76% rise year-on-year.
GIT Information Center
Gold: Wealth in the Dynamics of the Global Gold Market
Gold has been a consistently popular alternative asset since ancient times. Today, it has become a prominent asset that generates interesting returns for investors in the financial world. This is evident from the price increase in 2024, where prices surged by more than 28% in US dollar terms. Record high prices were achieved multiple times throughout the year. Additionally, global gold demand rose by 35% compared to the previous year, with its value exceeding one hundred billion US dollars in the third quarter of 2024, emphasizing the enduring allure of this precious metal. Global Gold Market Overview
Budhiphorn Vichaidist
Amendment in Import Policy Conditions of specific ITC (HS) codes
Amendment in Import Policy Conditions of specific ITC (HS) codes under Chapter 71 of Schedule - I (Import Policy) of ITC (HS) 2022 in sync with the Finance Act 2025
GIT Information Center
Global Gold Jewelry Market Outlook 2025
Gold jewelry accounted for the largest share of the jewelry products as it is the most used metal in global jewelry production. Consumers who bought gold are usually influenced by social and cultural factors, local markets, and traditions. At present, consumers are looking for products beyond traditional designs. Minimalistic styles, geometric motifs, customized jewelry parts, and different cultural influences are gaining notable popularity.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - March 2025
Thailand’s gem and jewelry export value from January to March 2025 amounted to USD 8,635.86 million, a 109.88 % increase compared to the same period of last year. The products ranked as the country’s first most important exports with a 10.59% share of Thailand’s total gross exports. Nevertheless, when deducting unwrought gold from the total export value, the actual export value of gem and jewelry was USD 5,086.40 million, a 102.38% rise year-on-year.
Weak China Demand Hits Chow Tai Fook Revenue
Sales at Chow Tai Fook fell in the first fiscal quarter, but less sharply than during the equivalent period last year.
Watches, jewellery in the Artificial Intelligence age
The Swatch Group is planning the release of a new service that will allow customers to design watch dials using Artificial Intelligence (AI).
WGC Predicts Mixed H2 for Gold Amid Inflation, Rate and Risk Crosswinds
Gold has emerged as the standout performer among major asset classes in the first half of 2025, registering a stellar 26% gain in US dollar terms, according to the World Gold Council’s latest Gold Mid-Year Outlook 2025.
Platinum jewellery sales increase as consumers “move away from gold”
High gold prices and weak demand for diamonds providing market opportunities for platinum jewellery
Tariffs Causing Retailers to Raise Prices
Many also rebuilding supply chains and altering sourcing, survey finds.
The anticipated implications of President Donald Trump's proposed imposition of import tariffs on global trading partners warrant careful consideration.
On April 2, 2025, President Donald Trump announced an increase in import tariffs on countries with a trade surplus with the United States. ow will the U.S.'s significantly higher import duties impact Thailand? Read more in this article.
Watch Out! April 2, 2025 – U.S. Announces Import Tariff Hike, Shaking Up Thailand’s Gem and Jewelry Exports
The world is closely watching April 2, 2025, a day U.S. President Donald Trump has dubbed "Liberation Day." On this day, Trump is set to impose retaliatory tariffs on countries with trade surpluses against the U.S., with Thailand being one of the 10 affected nations. It is expected that the U.S. will raise import tariffs on nearly all goods, including gemstones and jewelry. How will Thailand’s gemstone and jewelry industry be impacted? Read more here.
Zambia's Emerald Export Tax Hike: Impact on Industry and Investment?
Zambia's recent implementation of a 15% export tax on emeralds raises concerns about the gem industry's competitiveness and investment climate. The tax increase, affecting the world's largest emerald mine, could reshape the global market as producers face combined tax rates significantly higher than rival nations Brazil and Colombia.
Update on the jewelry market trends in Saudi Arabia
The jewelry market in Saudi Arabia is one of the fastest-growing markets in the Middle East region, driven by high demand from affluent customers and a strong focus on jewelry that reflects luxury and social status.
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