India's Polished Export Down by a Third

By John Jeffay / November 16, 2023 / www.idexonline.com / Article Link

(IDEX Online) - India's polished diamond exports for October were down 25 per cent on September, and down 33 per cent on the same month last year, according to the latest figures from the Gem & Jewellery Export Promotion Council (GJEPC). But there is no monthly breakdown of rough imports to indicate how much manufacturers are abiding by a voluntary two-month ban which started on 15 October. GJEPC only said that imports for April to October were down by 18 per cent. Overall gross exports of polished diamonds in October were $1.26bn, compared to $1.67bn in September.Lab grown exports were down by 24 per cent during the month, much the same as their natural counterparts.India's total exports of all gems and jewelry fell 12 per cent to $2.75bn.

Recent News

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com

Tariff issue caused by potential definition change of traded gold bars

August 11, 2025 / www.canadianminingreport.com

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok