Thailand Gem and Jewelry Import-Export Performance January-December 2023
In 2023, Thailand experienced a 2.83% decrease in gem and jewelry exports, totaling USD 14,636.88 million. Despite ranking as the country’s third most important export category, following automobile and computer respectively, with a share of 5.14% of Thailand’s total gross exports, the actual export value, excluding unwrought gold, showed resilience with an 8.40% year-on-year increase, reaching USD 8,658.11 million. This performance highlights the sector’s adaptability and sustained strength in the face of overall export challenges.
Examining December 2023, the gem and jewelry export value soared by 71.13%, amounting to USD 972.28 million. When unwrought gold is deducted, the adjusted export value for gem and jewelry reached USD 556.65 million, indicating a 6.77% increase compared to December 2022.