Government figures reveal that the exports of gemstones from Thailand rose 38.5 percent in 2007 to $371.3 million, and jumped 70.8 percent in the first five months of 2008 to $238.8 million.
In addition, the country’s imports of gemstones in 2007 were $90.1 million, up nearly 36 percent year-over-year, while the January-May 2008 records showed a 48.6 percent increase to nearly $134 million.
TGJTA says this rapid growth of gems and jewelry industry in Thailand was a group effort that included the support of the Department of Export Promotion, which provided much-needed expertise, and the Thai government, which provided guidance for research, training programs, and educational seminars.
TGJTA says that the 42nd Bangkok Gems & Jewelry Fair, to be held Sept. 11-15, will showcase the country’s work toward building a thriving gem and jewelry business. For more information or to register, visit www.bangkokgemsfair.com or e-mail: email@example.com.