How to Find Genuine Buyers for Gems and Jewellery Exports from India?

17-May-2024

Key Highlights:

Known as "Swarna" in ancient India, gold is an essential component of religious and cultural ceremonies.
India is a major exporter of jewellery made of gold, diamonds, silver, and gemstones.
In FY23, the combined gross export value of diamonds and jewellery was US$20.58 billion.
As per gems and jewellery export data, Exports of jewellery and gems were US$29.61 billion in FY24.
Shubh Gems, GemPundit, Gem India Exports, Kalpshri Exports, and Dhanshree Export are a few of the leading gems exporters.
The US ($14.5 billion), Hong Kong ($9.3 billion), and the UAE ($5.7 billion) are the top export destinations.
Silver and platinum jewellery, coloured gemstones, synthetic diamonds, cut and polished diamonds, gold and silver goods, and coloured gemstones are among the major Jewellery exports from India.
Eximpedia, the leading market research platform, can be relied upon for accurate and up-to-date gems exporters details and gems and jewellery export data

Did you know? India has an unmatched history of jewellery and gemstones. In ancient India, gold was known as "Swarna" and played a significant role in our culture and history. It is seen as a representation of luck and auspiciousness for religious events and marriages. However, India takes great pride in the diverse range of jewellery products it exports, encompassing gemstones, gold, diamonds, and silver.

Indian exporters provide an incredible wealth of stunning coloured stones and brilliant diamonds to overseas clients. Regarding jewellery export data, the total gross export value of jewellery and diamonds was US$20.58 billion in FY23. However, how can you locate reliable export partners for your magnificent pieces in today's global marketplace? In this blog, we will explore the list of jewellery exports from India, gems exporters in India, and much more.

Does India export gems and jewellery?

India holds a significant position in the international gem and jewellery export industry! It is at the forefront in multiple domains:

Top Exporter Ranking: With around 3.5% of the world's total, India is the seventh-largest exporter of jewels and diamonds.
Dominating Particular Sectors: India excels in several particular areas. It is the world leader in the export of lab-grown diamonds (32.7%), silver jewellery (22%), and diamond jewellery (29%).
Export Powerhouse: According to gems and jewellery export data, the total value of gem and jewellery exports during FY24 (which ended in February 2024) was US$29.61 billion.
Gems Exporters in India: The top gem and jewellery exporters in India are Shubh Gems, GemPundit, Gem India Exports, Kalpshri Exports, and Dhanshree Export.

So, the answer is that India is a significant exporter of jewellery and diamonds, and the business is growing! Now, explore the top export destinations for Indian gems and jewellery.

Does India export gems and jewellery

Jewellery Exports from India: Top Export Destinations

Look at the table for the top export destinations of Indian gems and jewellery:

S.No	Top Export Destinations	Export Values
1	United States	US$ 14.5 billion
2	Netherlands	US$ 1.5 billion
3	Hong Kong	US$ 9.3 billion
4	United Arab Emirates	US$ 5.7 billion
5	Israel	US$ 1.2 billion

According to Gems Exporters data, India exports jewellery and stones to the United States, the United Kingdom, the Netherlands, Japan, Thailand, Singapore, Belgium, Israel, Hong Kong, and the United States.

Jewellery Exports from India

The United States of America is the biggest buyer of Indian jewellery, with imports estimated at US$ 14.5 billion in 2021–22, up from US$ 8.7 billion in exports in 2020–21.
Hong Kong and the United Arab Emirates (UAE) rank among India's top export destinations, with US$9.3 billion and US$5.7 billion in exports, respectively, accounting for roughly 23.7% and 14.5% of the country's total exports in 2021–2022.

Now, explore the list of top imitation jewellery exports from India

What gems are exported from India?

According to imitation jewellery export data, for the fiscal year 2022, India shipped pearl, precious, and semi-precious jewellery valued at about 26.2 billion dollars. However, there are various artificial jewellery exports from India. Some of them are:

India exports several essential commodities, including these:

Articles of Gold and Silver
Colored Gemstones
Synthetic Diamonds
Cut and Polished Diamonds
Silver and Platinum Jewellery
Sapphire, ruby and emerald
Imitation Jewellery
Silver Jewelry

The total value of cut and polished diamond exports was Rs 1,766,696.95 crore, a 2.97% decrease from the previous year. India is a global jewellery supplier, but according to data on jewellery imports, the leading importers are the United States, China, Hong Kong, the United Arab Emirates, Belgium, Israel, Thailand, and the United Kingdom.

To obtain dependable and up-to-date gold export data, contact Eximpedia.app. We offer a list of imitation jewellery exports from India, a gems exporters list, and accurate gems exports from India.

Imitation jewellery exports from India

Let’s summarize imitation jewellery exports from India:

S.No	Gems Exporters /Jewellery exporters	Export Values
1	China	$3.55 billion
2	France	$641 million
3	Italy	$462 million
4	Germany	384 million dollars
5	Thailand	247 million

The export data determined that China was the leading exporter of imitation jewellery in 2022, with a value of $3.55 billion, followed by France at $641 million, Italy at $462 million, Germany at 384 million dollars), and Thailand at $247 million.
According to jewellery export data, the total value of imitation jewellery exports worldwide reached $12.3 billion in 2022, up 5.7% from 2021. Nonetheless, with 32.6% of all imitation jewellery exported worldwide in 2022,
India is the leading supplier of this type of jewellery. China has a 26.4% market share, placing it in second place. Vietnam, Thailand, and Turkey are all significant exporters.
Necklaces are the second most popular product category, with 19.3% of the market. The other main product categories are rings, pendants, and bracelets.

How to Find Genuine Buyers for Gems and Jewellery?

To find reliable and current information on artificial jewellery exporters or buyers, visit the Eximpedia.app, here you can access the real-time jewellery export database, list of imitation jewellery exports from India, Gems Exporters, jewellery exporters and much more.

We also offer HS Codes, real and accurate India export import data, and other information. However, locating artificial jewellery exports from India can be challenging for traders. One of the best suppliers of import-export data in India is Eximpedia.app. It provides 100% authentic, dependable, and trustworthy market data for goods made of gold and diamonds.

Wind Up!

India's gem and jewellery sector is unmatched in quality and variety, thanks to its rich heritage and innovative designs. By using the strategies mentioned above and the country's robust export framework, you can transform your enthusiasm for jewels into a prosperous global enterprise. However, if you have any queries regarding artificial jewellery exports from India, or require jewellery exporters list, connect with our dedicated experts and quickly obtain a free live demo!

Which country imports jewellery from India?

As per jewellery exporters data, the largest market for Indian jewellery is the USA, whose imports are expected to reach US$ 14.5 billion in 2021–2022, up from US$ 8.7 billion in exports in 2020–21.

Frequently Ask Question's (FAQ)

Which country is the largest exporter of Jewellery?

As per jewellery exporters data, the largest exporters of jewellery are: China, UAE, Switzerland, India and the United States.

Who is the biggest exporter of Jewelry from India?

Based on Jewellery export data, the biggest exporter of jewellery from India is China with an export value of $3.55 billion.

What is the export data of Jewellery from India?

According to gems and jewellery export data, the total value of gem and jewellery exports during FY24 (which ended in February 2024) was US$29.61 billion.