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Thailand’s overall gem and jewelry export value decreased 9.92 percent whereas its import value surged 75.19 percent. Unwrought or semi-manufactured gold was the dominant product in terms of export and import. However, a 2.15 percent increase from the previous year was seen in Thailand’s export value of gem and jewelry excluding unwrought or semi-manufactured gold. The export value of 2018 is likely to increase from that of 2017 owing to positive economic factors and global trading’s gradual recovery. Consequently, purchasing power has partially bounced back. Moreover, the government has been implementing strengthening measures for Thai business operators to be ready for becoming the world’s gem and jewelry trading hub within the next 5 years. While the industry may sustain risks from the US unclear trading policies, European political situation, international conflicts, natural disasters, and terrorist threats. These factors will inflict consumer confidence. In addition, the Thai baht is likely to strengthen and consumer behaviors have also changed.

The publication provides in-depth information on ASEAN Gem and Jewelry in various aspects. Related topics include Thailand Aims to Become the World’s Gem and Jewelry Trading Hub within 5 Years, Malaysia Gold Jewelry Manufacturing Potential, Major Gem and Jewelry Production Sources in ASEAN Countries, Myanmar Gem Production and Trading After US Lifting of Jade Act 2008, etc.

The publication provides in-depth information on ASEAN Gem and Jewelry in various aspects. Related topics include Gold Trading and Consumption in CLMV, Right Strategy for ASEAN Gen Y, Indonesia: ASEAN’s Emerging Jewelry Manufacturing Center, Major Gem and Jewelry Trading Districts in ASEAN, etc.

Thailand’s overall export value of gem and jewelry products earned a 29.60 percent increase. A decline of 12.90 percent was seen in the products’ overall import value. Unwrought or semi-manufactured gold still secured its position as the primary product for export and import. However, a 3.03 percent decrease from the previous year was witnessed in Thailand’s export value of gem and jewelry excluding unwrought or semi-manufactured gold. Despite the drop, the export value of 2017 is expected to increase from that of 2016 owing to positive factors. Economic stimulus policies of large powerhouse countries like the US and China are likely to stimulate the global economy’s growth. The EU and Japan economy has also been improving since late 2016. Furthermore, Thailand’s government has implemented measures to lift Thai entrepreneurs’ competitiveness. However, there are also negative factors from uncertainty regarding policies of the new US president, which may affect stability of the global economy and currency exchange rates. The EU’s political situation and terrorist threats may also restrain confidence for consumption of luxury goods like gem and jewelry products.

The publication provides in-depth information on ASEAN Gem and Jewelry in various aspects. Related topics include Thailand-Myanmar Colored Stone Trading, E-Commerce: Expanding Opportunities for Thailand and ASEAN, A Decade of Journey of Vietnam Jewelry Manufacturing Industry, Major Sources of Raw Materials in ASEAN, etc.

A 9.27 percent increase was seen in Thailand’s overall export value og gem and jewelry products. A rise of 4.38 percent was also noted in the overall import value of the products. Unwrought or semi-manufactured gold was the major product for export and import. However, a 1.31 percent fall from the previous year was observed in Thailand’s export value of gem and jewelry excluding unwrought or semi-manufactured gold. Although the weakened baht is considered a positive factor for Thailand’s export growth, export value of 2016 is expected to grow close to that of 2015 due to negative factors from global economy and slow recovery of major trade partners

Thailand's overall gem and jewelry export value decreased by 0.24 percent while the import value also decreased as much as 48.55 percent. Jewelry was the most important export product while unwrought or semimanufactured gold occupied the top position among import products. However, if unwrought or semimanufactured gold is excluded, the export value would grow from the previous year by 6.89 percent. As for 2015, the export value is expected to grow at a lower rate compared to 2014 in spite of the US economic recovery. This is due to negative factors from the economic slowdown in trading partner countries and high fluctuation of global major currencies

Thailand's overall gem and jewelry export value decreased by 23.30 percent while the import value increased by 9.30 percent in 2013. Fine jewelry was the most important export product while unwrought or semi-manufactured gold maintained the top position in import. However, if unwrought or semi-manufactured gold is excluded, Thailand's gem and jewelry export value would grow by 4.64 percent from the previous year. As for 2014, the export value growth is expected to be positive due to supportive factors from steady economic recovery of Thailand's trading partners, as well as depreciation of the baht currency.

Thailand’s overall gem and jewelry export value increased by 6.88 percent while the import value dropped by 33.18 percent, having unwrought or semi-manufactured gold as the main product both in export and import. If unwrought or semi manufactured gold is not included, the increase in gem and jewelry export value will be at only 1.66 percent from the previous year. However, in 2013 the export value is expected to grow in a lower rate than 2012 due to negative factors in the global economy under the threat of further economic slowdown and baht currency appreciation.

Thai gem and jewelry export value grew only 5.57 percent while the import value soared 97.84 percent with unwrought or semi-manufactured gold as the main product for both export and import. If unwrought or semi-manufactured gold is not included, the increase in export value would be as much as 24.15 percent from the previous year. However, the export value in 2012 may have a lower growth than in 2011 due to the threat of economic slowdown and possibly a new round of recession.