Export Of Gems And Jewellery From India 2026 Market Overview & Trends
Unlocking Opportunities in Export Of Gems And Jewellery From India Market: Trends, Strategies, and Growth Insights
$27.6 b
Market Size
1.9 b carat,Kg
Export Volume
United Kingdom
Key Trading Partner
~4.37%
Market Growth Rate
Gems and Jewellery in India Trade
AI Insight
India's Gems and Jewellery exports reached $27.6 billion in 2024, following a peak in 2022. The sector maintains a resilient 4.37% growth rate. Polished diamonds and gold earrings are the primary value drivers, totaling over $24 billion combined.
The United States and UAE remain the largest importers, while the UK and Australia show promising growth. Despite value fluctuations, the market demonstrates strong demand for high-end products across diverse global regions.
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5-Year Export Volume
AI Insight
India's export value peaked in 2022 at $37.4 billion. Since then, there has been a steady decline, reaching $27.6 billion in 2024.
However, current export levels remain significantly higher than the $23.3 billion recorded in 2020, suggesting a long-term upward trend despite the recent two-year contraction.
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Discover OpportunitiesTop 5 Destination Countries
United States
United Arab Emirates
Hong Kong
Belgium
Israel
AI Insight
The United States remains the dominant market for Indian exports, totaling $9.1 billion in 2024.
Other significant partners include the United Arab Emirates ($6.8 billion) and Hong Kong ($4.9 billion), highlighting a strong focus on North American and Middle Eastern trade hubs.
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See Key BuyersExport Growth Analysis
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The sector demonstrates a positive growth rate of 4.37%. This indicates steady expansion and underlying resilience in the global market, even as annual export values experience fluctuations.
Emerging Market Opportunities
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The United Kingdom and Australia are key emerging markets, showing positive growth rates of 2.69% and 2.23% respectively.
In contrast, established markets like the United Arab Emirates and Singapore experienced growth declines of over 5% during the 2024 period.
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Explore Emerging MarketsSector-Related Export Opportunities
AI Insight
Polished diamonds lead the product category with a total value of $13.5 billion in 2024.
Gold earrings follow closely at $10.9 billion, while synthetic stones and silver rings also contribute significantly, totaling over $2.4 billion combined.
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Explore Related ProductsIndia Gems and Jewellery Export Requirements
Before Shipment
Documentation Required
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View RequirementsGems and Jewellery Exports and Free Trade Agreements from India
Maximize Your Gems and Jewellery Exports: Explore India Free Trade Agreements and related import conditions.
Explore FTAs- India-UAE Comprehensive Economic Partnership Agreement (CEPA)
- India-Australia Economic Cooperation and Trade Agreement (ECTA)
- India-ASEAN Trade in Goods Agreement
- India-Korea Comprehensive Economic Partnership Agreement (CEPA)
- India-Japan Comprehensive Economic Partnership Agreement (CEPA)
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