BANGKOK, September 28, 2019 – The September 10-14 Bangkok Gems & Jewelry Fair saw a 13 percent rise in foreign visitors year-on-year, organizers said.
Over the five days of the event, sales totaled 70 million USD, demonstrating the potential of Thai businesses, manufacturers, and designers in crafting high-quality gem and jewelry products.
The 64th Bangkok Gems & Jewelry Fair welcomed 15,188 visitors from 110 countries, including 7,237 foreign visitors, a 13.08 percent increase from the September 2018 edition, demonstrating growing interest in Thailand’s gem and jewelry products among overseas buyers.
Products with the highest value at the fair were: gemstones at 24 million USD (accounting for 34.3 percent of sales); silver jewelry at 16 million USD (22.9 percent); fine jewelry at 15 million USD (20.9 percent); machinery at 6 million USD (8.8 percent); and diamonds at 3 million USD (4.2 percent).
At the opening ceremony, Mr. Jurin Laksanaisit, Minister of Commerce of Thailand, said: “The 64th edition of the Bangkok Gems & Jewelry Fair is held under the theme of ‘Thailand’s Magic Hands: The Spirit of Jewelry Making’ which showcases the uniqueness of Thailand’s gems and jewelry products that have been made by talented craftspeople together with the new generation of designers with creative ideas.
“These characteristics have propelled Thailand to become the manufacturing and trading hub for international traders, that has been internationally recognized for its unique jewelry, high quality, creative designs, and the use of new technology together with the craftsmanship of Thai artisans.”
In 2018, the total export of gems and jewelry products (including gold) was the third highest among all industries in the country and was worth approximately 12 billion USD.
The industry has been immensely important to Thai people, creating jobs and income for communities, with over 1.2 million workers in this industry nationwide.