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.
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.
Chinese platinum jewelry demand remains muted, says refiner
Platinum prices reach two-year peaks as Chinese jewelry makers hoard supplies, but persistent consumer preference for gold threatens to burst this inventory-driven bubble.
Cartier Reportedly Suffers Cybersecurity Breach
Cartier became the latest major brand to be hit by a cybersecurity breach, according to a letter to its customers posted on social media and a report by Reuters.
PGI strengthens leadership as global opportunities continue to arise
These strategic leadership changes and appointments come amidst Platinum Guild International continuing its global growth
Gold prices surging drives demand for antique jewellery
With gold prices hitting record highs, up more than 40% in the past year, there’s a striking shift happening in the investment world. A surprising asset class is surging: antique jewellery
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.
Scam Jam: Fraud, Fakes and Other Industry Misdemeanors of 2024
This year saw an increasing number of industry activities that were sometimes illegal, and many times morally dubious.
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