Exports of gem and jewellery declines by 1.59%

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Exports of gem and jewellery declines by 1.59%

Exports of gem and jewellery have declined by 1.59% to $3507.59 million during the month of February 2019 as compared to $3564.33 million in Feb 2018, according to data obtained from gem & Jewellery Export Promotion Council (GJEPC).

Exports of gem and jewelley have fallen by 3.64% to $36.03 billion in the period April to February of FY19 as compared to $37.48 billion during the same period in FY18.

Cut and polished diamond exports have declined by 3.51% in February 2019 to $2.34 billion as compared to $2.43 billion in February 2018. However, exports of cut and polished diamonds in the period April to February of FY19 has gone up marginally by 1.17% to $21.95 billion from $21.70 billion registered during April to February 2018.

Gold jewellery exports in the period April to February of FY19 went up by 24.76% to $10.79 billion from $8.65 billion in the period April to February of FY18.

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Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.

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