Gem & Jewellery Exports shine in the 1st half of 2012 By Ajith Perera – Deputy Director General National Gem & Jewellery Authority

The Gem Diamond and Jewellery export sector has recorded an overall growth of 40per cent in U.S. Dollar terms as at end June 2012, earning a revenue of USD.64.17 Million in comparison with the corresponding figure of USD.45.78 Million in 2011. A detailed breakup is given below.

 

 2011(Jan-June)  

(USD. Million)

2012 (Jan – June)

(USD. Million )

Variance
Gems45.7864.1740%
 Service

Cutting Sector

0.80  1.28  61%
Jewellery 8.94 12.44 39%
 Diamonds 163.71  220.66  35%
 Others 0.77 8.45 
 220.00  307.00  39.5%

The most significant growth is recorded by Jewellery Exports, where the benefit of total value addition is gained and the service cutting and Diamond manufacturing industries where Sri Lanka has proved the presence of a highly skilled workforce of Lapidarists and Diamond cutters. U.S.A., Thailand, Hong Kong, Switzerland, Italy, France, India, Malaysia, Singapore, China, Canada and Germany are among the top export destinations for Sri Lankan gems and Jewellery.
Today we are promoting our products in world class Trade Fairs and Exhibitions held in many countries such as the U.S.A., Japan, Hong Kong, Switzerland, Thailand, Malaysia, Singapore, China, India and France.

In order to showcase Sri Lanka’s unique gem and Jewellery product offering to the world, by paving a way to exports for local entrepreneurs, by building strong local and international trade linkages at every level of the industry, the National Gem and Jewellery Authority has come forward to be the principal sponsor of Facets Sri Lanka – 2012 to beheld from 5th to 8th September and the organizer of “Jewels Sri Lanka – 2012” scheduled to be held from 7th to 9th December 2012.

 

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