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Thailand Gem and Jewelry Import-Export Performance January - May 2024
Thailand’s gem and jewelry import value of January-May 2024 was USD 7,814.12 million, a 55.50 percent hike from the same period of last year. Imports of unwrought or semi-finished gold, the outstanding product with a share of 67.92 percent, colored stones and silver soared 101.14, 21.76, 24.87 percent, respectively. Nonetheless, Thailand’s imports of diamonds and fine jewelry weakened 7.31 and 7.12 percent, respectively.
Thailand’s gem and jewelry export value of January- May 2024 went down by 1.70 percent from the value of USD 6,433.63 million last year to USD 6,324.15 million. The products were listed as Thailand’s third most important exports with a 5.25 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 3,851.79 million, a 11.24 percent rise from the same period of last year.