GIT Information Center
RJC: A Standard for Social Responsibility and Sustainability in the Jewellery and Watch Industry
In an era where global consumers increasingly prioritize transparency, social responsibility, and sustainability, ethical business practices have become a fundamental requirement across various sectors—including the jewelry and watch industry. In this context, “ethics” encompasses responsible sourcing and use of materials, full traceability across the supply chain, fair wages, worker health and safety, and minimizing environmental impact through the use of recycled or reusable resources.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - July 2025
Thailand’s gem and jewelry export value from January to July 2025 amounted to USD 15,808.44 million, a 70.01% increase compared to the same period of last year. The products ranked as the country’s third most important exports with a 8.09% 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 8,186.28 million, a 60.50% rise year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - June 2025
Thailand’s gem and jewelry export value from January to June 2025 amounted to USD 14,023.08 million, a 91.60% increase compared to the same period of last year. The products ranked as the country’s third most important exports with a 8.40% 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 7,408.93 million, a 62.74% rise year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - May 2025
Thailand’s gem and jewelry export value of January-May 2025 increased 91.60 percent from the value of USD 6,323.79 million last year to USD 12,116.193 million. The products are listed as Thailand’s third most important exports with a 8.77 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 6,647.30 million, a 72.59 percent growth from the same period of last year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - April 2025
Thailand’s gem and jewelry export value from January to April 2025 amounted to USD 10,362.53 million, a 110.82% increase compared to the same period of last year. The products ranked as the country’s second most important exports with a 9.67% 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 5,801.30 million, a 91.76% rise year-on-year.
GIT Information Center
Gold: Wealth in the Dynamics of the Global Gold Market
Gold has been a consistently popular alternative asset since ancient times. Today, it has become a prominent asset that generates interesting returns for investors in the financial world. This is evident from the price increase in 2024, where prices surged by more than 28% in US dollar terms. Record high prices were achieved multiple times throughout the year. Additionally, global gold demand rose by 35% compared to the previous year, with its value exceeding one hundred billion US dollars in the third quarter of 2024, emphasizing the enduring allure of this precious metal. Global Gold Market Overview
40% of men open to wearing engagement rings
Among those open to wearing a ring, nearly 40% said they would expect their partner to buy the ring for them after the proposal
Graff celebrates 65 years of excellence
The House has created diamond history, presenting rare and historical diamonds and jewels in the world for over six decades
Rio Tinto’s Diavik Diamond Mine Marks 150-Million-Carat Milestone
Rio Tinto’s Diavik Diamond Mine in Canada’s Northwest Territories has achieved a major milestone, producing 150 million carats of rough diamonds since beginning operations in 2003.
Jewelers Overwhelmingly Fear Tariff Impact on Holiday Sales
Most jewelers are deeply concerned that the high tariffs US President Donald Trump has applied to diamonds imported into the country from India will drag down holiday sales, a Rapaport survey found.
Tariffs Causing Retailers to Raise Prices
Many also rebuilding supply chains and altering sourcing, survey finds.
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.
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