Issue 50
Gem and jewelry exports are expected to grow 10% to US$7.89 billion (278 billion baht) this year, DITP Director-General Malee Choklumlerd stated on April 26.
“Although global economic growth has faced many challenges, exports of Thailand’s jewelry and ornaments will grow strongly in many markets, as our products are recognised for their quality and good design,” Choklumlerd said.
According to the Ministry of Commerce, in the first quarter of 2016, exports of jewelry and ornaments excluding gold were up 3.1% to US$1.98 billion and exports of jewelry and ornaments including gold grew 72.3% to US$ 4.72 billion.
The DITP will host the 58th Bangkok Gems and Jewelry Fair from September 7 to 11 at IMPACT, Muang Thong Thani. About 30,000 participants from around the world are expected to attend the event.
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