Gems and Jewellery Exports Show Mixed Trends

The gems and jewellery sector in India has seen mixed trends in exports and imports.

In November 2025, exports increased by 20% to $2.51 billion compared to the same period last year.

This growth was driven by a lower base, better price realisation, and market diversification due to US trade tariffs.

Imports also saw a significant rise of 36% to $1.89 billion.

Cut and polished diamond exports grew by 38%, while gold jewellery exports saw a marginal dip.

Despite these fluctuations, the sector has shown resilience and is expected to strengthen further into 2026.

The government is also taking measures to sign free trade agreements in alternative markets to boost trade.