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Showing posts with the label GJ exports-India

Global challenges weakening global trade fiber

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  India’s June ’25 Gem & Jewellery exports remained weak!    India’s Gem & Jewellery (GJ) exports continued to face headwinds even in June 2025, weighed down by ongoing geopolitical tensions, disrupted supply chains, and the absence of a consistent import policy from the United States. Compounding the challenges, a weakening global trade environment & marked by rising protectionist policies replacing the spirit of globalisation, further dampened market sentiments and trade flows.    According to recently released figures, India's gross exports of Gems & Jewellery stood at US$ 1,626.96 million (₹13,978.98 crore) in June 2025, reflecting a year-on-year decline of 14.25% (or 11.73% in INR terms) compared to US$ 1,897.25 million (₹15,836.94 crore) in June 2024.    Similarly, gross imports for the month of June 2025, were recorded at US$ 1,549.17 million (₹13,308.49 crore), showing a moderate drop of 2.96% (or 0.11% in INR terms)...

Bharat’s studded gold jewellery grew 14.55% in 9 months

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Bharat’s Studded Gold Jewellery exports grew 15.57% in December’24   According to the available provisional statistics pertaining to India’s export & import of Gem & Jewellery (GJ) for the month of December 2024 & also for the  for the April to December 2024, India is registering growth in the category.   India’s total gross export of Gold Jewellery at US$ 868.03 million (Rs. 7374.41 crores) in month of December 2024 is showing a decline of 3.56% (-1.63% in Rs. term) as compared to US$ 900.11 million (Rs. 7496.27 crores) for the same period of previous year. Provisional gross export of Total Gold Jewellery for the period April to December 2024 at US$ 8072.140 million (Rs. 67742.11 crores) shown a growth of 2.23% (3.58% Rs. term) over the comparative figure of US$ 7896.15 million (Rs. 65398.73 crores) for previous year.    The total export of Plain Gold Jewellery at US$ 461.48 (Rs. 3920.88 crores) in month of December 2024 is showing a Decline...

India’s GJ exports eye on geopolitical recovery 2025!

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  India’s GJ exports for the December 2024 remains weak in 2024!   Now, the global trade is looking recovery and improvement in the geopolitical scenario. According to the available India’s Gem & Jewellery (GJ) exports for the month of December 2024, India’s overall gross exports of Gems & Jewellery at US$ 1967.98 million (Rs. 16719.460 crores) in the month of December 2024 is showing a decline of 10.29% (-8.49% in Rs. term) as compared to US$ 2193.82 million (Rs. 18269.7 crores) for the same period previous year.  The overall gross imports of Gems & Jewellery at US$ 1526.95 million (Rs. 12992.3 crores) in month of December 2024 is showing a decline of 27.23% (-25.62% in Rs. term) as compared to US$ 2098.19 million (Rs. 17468.04 crores) for the same period previous year.    While looking at the April 2024 to December 2024, India’s overall gross exports of Gems & Jewellery at US$ 20820.48 million (Rs. 174612.61 crores) is showing a decline of ...

GJ Exports India Grow 29% in December

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Indian GJ Exports Bounce Back to US$ 3.04 Billion versus December 2019   The Indian industry is back on a roll immediately after the October festive break. Gem and jewellery exports in December 2021 reaffirm this with a growth of 29.49% to US$ 3040.92 million (+37.11% in rupee terms to Rs. 22914.630 crores) as compared to as compared to US$ 2348.44 million (Rs. 16712.46 crores) for the same period 2019 – the pre-pandemic year.     The overall gem and jewellery exports from April 2021 to December 2021, grew 5.76% to US$ 29084.0 million (+11.61% in rupee terms to Rs. 216072.56 crores) as compared to compared to US$ 27500.85 million (Rs. 193587.67 crores) for the same period in 2019.  Colin Shah, Chairman, GJEPC, said, “India’s performance in the crucial Christmas quarter capped a spectacular year for the gem and jewellery industry. The Holiday bounce has managed to offset part of the post-Diwali export slump when factories normally take a short break.  Holiday...