Has the Gems and Jewellery Trade Increased by 19% in November Due to Global Demand?
Synopsis
In a significant turn of events, the gems and jewellery trade has seen a remarkable surge of 19.64% in exports during November, reaching $2510.86 million. This surge reflects a strong global demand and a positive outlook for the future of this vibrant sector.
Key Takeaways
Exports of gems and jewellery surged by 19.64% in November.
Imports increased by 36.01% year-on-year, indicating robust demand.
The sector shows resilience amidst global challenges.
Trade agreements like India-UAE CEPA enhance competitiveness.
Growing consumer preferences for lightweight and contemporary designs drive growth.
New Delhi, Dec 13 (NationPress) The total gross exports of gems and jewellery reached $2510.86 million in November, marking a remarkable increase of 19.64 percent compared to $2098.59 million during the same month last year, as reported by an industry association on Saturday.
Conversely, the overall gross imports for the sector in November amounted to $1894.92 million, reflecting a significant rise of 36.01 percent year-on-year (YoY) from $1393.23 million.
From April to November 2025, the total gross exports of gems and jewellery were $18867.43 million, showing only a slight increase of 0.07 percent compared to $18854.83 million during the same timeframe in the previous year, according to data shared by the Gems and Jewellery Export Promotion Council (GJEPC).
The total gross imports for gems and jewellery stood at $13820.863 million, indicating a growth of 6.87 percent YoY compared to $12932.06 million.
Consistent exports coupled with rising imports suggest robust domestic demand, active manufacturing, and optimism ahead of the festive and wedding seasons.
The significant growth in both exports and imports of gems and jewellery in November 2025 highlights a resurgence in global demand and renewed confidence throughout the industry value chain, according to GJEPC.
Increased exports signify enhanced traction in international markets, improved price realization, and greater competitiveness of Indian products, while the steep rise in imports underscores proactive sourcing of raw materials and expansion of capacity by manufacturers to cater to the anticipated demand during the upcoming holiday season in the West and wedding season in India.
Collectively, this balanced growth in exports and imports indicates vigorous trade activity, strategic inventory accumulation, and a hopeful outlook for sustained growth in the sector, noted the trade body.
Colin Shah, Managing Director of Kama Jewellery, stated, "The Indian gems and jewellery industry has demonstrated remarkable resilience amidst global challenges, including tariff threats and weakened demand in international markets, all set against a backdrop of geopolitical tensions."
Moreover, several factors beyond seasonal demand, such as diversification into lightweight and contemporary designs, have attracted younger global consumers, while improved market access via trade agreements like the India-UAE CEPA has bolstered competitiveness.
Point of View
We recognize the nuanced dynamics at play in the gems and jewellery sector. The recent export growth, amid challenging global conditions, illustrates not only resilience but also a strategic shift towards meeting emerging consumer demands.
NationPress
20 Jun 2026
Frequently Asked Questions
What caused the increase in gems and jewellery exports?
The increase in exports is primarily attributed to strong global demand, improved market access through trade agreements, and proactive sourcing of raw materials by manufacturers.
How do imports compare to exports in the gems and jewellery sector?
In November, imports surged by 36.01% year-on-year, highlighting a significant increase in raw material sourcing to meet the growing demand.
What is the outlook for the gems and jewellery industry?
The outlook remains positive, with strategic inventory build-up and sustained growth anticipated in response to domestic and global market demands.
