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.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - February 2025
Thailand’s gem and jewelry export value from January to February 2025 amounted to USD 6,133.71 million, a 102.32% increase compared to the same period of last year. The products ranked as the country’s first most important exports with a 11.80% 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 4,032.21 million, a 121.29% rise year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January 2025
In January 2025, Thailand's gem and jewelry exports surged to USD 2,902.13 million, marking an impressive 148.87% increase compared to the same month in the previous year. These exports ranked as the country's first most significant export category, contributing 11.48% to Thailand's total gross exports. However, after deducting the value of unwrought gold from the total export figure, the true export value of gem and jewelry stood at USD 1,734.26 million, reflecting a notable year-on-year increase of 148.82%.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - December 2024
Thailand’s gem and jewelry export value from January to December 2024 amounted to USD 18,367.12 million, 25.49% increase compared to the same period of last year. The products ranked as the country’s third most important exports with 6.11% 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 9,609.10 million, 10.99% rise year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - November 2024
Thailand’s gem and jewelry export value from January to November 2024 amounted to USD 16,924.49 million, a 23.86% increase compared to the same period of last year. The products ranked as the country’s third most important exports with a 6.14% 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 8,611.89 million, a 6.30% rise year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - October 2024
Thailand’s gem and jewelry export value from January to October 2024 amounted to USD 15,415.07 million, 21.32% increase compared to the same period of last year. The products ranked as the country’s third most important exports with 6.16% 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 7,788.55 million, 5.35% rise year-on-year.
Wealthy consumers still buying luxury jewellery
Richemont posted better-than-anticipated results in the fiscal year, driven by “remarkable growth” at its high-end jewellery and retail segments.
US Retail Sales Steady Despite Tariff Concerns
US retail sales were steady in April as consumers rushed to complete purchases in an attempt to stay ahead of looming tariffs.
Market Comment
Steady US retail demand lifts sentiment. Mother’s Day season okay. Indian suppliers with US offices benefiting. Good trading in 5 ct. and larger diamonds at GemGenève. Reports of De Beers special deals stoke tensions in rough market. De Beers to close Lightbox.
Where does US-UK trade deal leave jewellery sector?
Watchmakers and jewellers continue to battle with absorbing the cost of tariffs or passing it on to consumers
India’s jewellery market to reach US$128B by 2029, report says
A more affluent middle class alongside growing demand for branded jewellery could fuel sturdy growth in India’s jewellery industry over the next four years, a new study revealed.
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.
Have you read news today?
Videos
Go to youtube channelFree Publications
Read more
140 ITF Tower Building, 4th Floor,<br> Silom Road, Suriyawong, Bangrak, <br>Bangkok10500, Thailand
Phone: (662) 634-4999 ext 444
Fax: (662) 634-4970
