Indian Exports, Imports Post Double-Digit Increases
By Hedda T. Schupak -- JCK Online, 2/1/2006 2:00:00 AM
The value of cut and polished diamonds exported from India rose 18.67 percent from approximately $6.8 billion in the April to November period of 2004, to just over $8.1 billion from April to November 2005. Gemstone (non-diamond) jewelry exports rose 16.35 percent during the same period, while gold jewelry exports rose 2.39 percent and other jewelry exports rose 11.67 percent, for a net total gem and jewelry export increase of 14.69 percent.
Total imports, including rough diamonds, gold bar, raw pearls, findings, mountings, rough and polished colored gemstones, and more, rose more than 37 percent in 2005 over 2004.
Table at right shows figures in U.S. dollars (figures are rounded to the nearest decimal).
Net Exports of Gems & Jewelry From India
| Product | 4/05 - 11/05 | 4/04 - 11/04 | Change |
|
*Except where specified
Note: Figures of November 2005 & November 2004 do not include data from SEEPZ-SEZ & Bangalore economic zones. |
|||
| Cut & Polished Diamonds | $8.1 billion | $6.8 billion | 18.67% |
| Quantity in 100,000 carats | 310 million | 294 million | |
| Gold Jewelry – D.T.A. | $1.5 billion | $1.6 billion | -8.27% |
| SEZ/EPZ/EOU | $755 million | $566.6 million | 33.24% |
| Total | $2.3 billion | $2.2 billion | 2.39% |
| Colored Gemstone | $145 million | $124.6 million | 16.35% |
| Others | $93.9 million | $84.1 million | 11.67% |
| Net Exports | $10.6 billion | $9.2 billion | 14.69% |
Net Imports of Gems & Jewelry From India
| Items | 4/05 - 11/05 | 4/04 - 11/04 | Change |
|
NOTES:
**Data of rough colored gemstone, raw pearls, rough synthetic stones, silver bar & platinum. ***Data of gold findings/mountings/castings, gold jewelry, non-gold jewelry & colored gemstones Figures do not include data from SEEPZ-SEZ economic zones Source: Indian Gem and Jewellery Export Promotion Council |
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| Rough Diamonds | $5.9 billion | $4.5 billion | 29.91% |
| Quantity in 100,000 carats | 1.15 billion | 1.05 billion | |
| Gold Bar | $533.1 million | $456.2 million | 16.85% |
| Others** | $102.6 million | $86.4 million | 19.05% |
| Total | $6.5 billion | $5.1 billion | 28.56% |
| Cut & Polished Diamonds | $2.4 billion | $1.4 billion | 69.33% |
| Others*** | $175.2 million | $102.8 million | 70.49% |
| Total Imports | $9.1 billion | $6.6 billion | 37.94% |
