Browsing: Diamond Trade

The Department of International Trade Promotion (DITP), in collaboration with the Gem and Jewelry Institute of Thailand (GIT), announced the successful conclusion of the 73rd Bangkok Gems and Jewelry Fair, held from February 22–26, 2026, at the Queen Sirikit National Convention Center (QSNCC). The event generated total trade value exceeding 4.75 billion baht, the highest since the fair’s inception.

The 18th edition of IIJS Bharat – Signature 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC), concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised over the next three months.

India’s gem and jewellery exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on- year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary