BRASILIA, Brazil – Brazil is the origin of a vast variety of coloured gemstones to global markets, Mr Marcelo Ribeiro, President of Belmont Emeralds, said in a keynote address to the ICA Congress.
Brazil is the world’s third largest coloured gemstone exporter. Leading markets for Brazilian-origin coloured gemstones include the United States, Thailand, Hong Kong/China and Germany.
Brazilian exports of coloured gemstones were USD $231.8 million FOB in 2024, Mr Ribeiro said.
Coloured gemstones directly account for 300,000 jobs in Brazil, concentrated mainly in the southeast and south of the South American country. Ninety percent of Brazilian gemstone companies are small-sized operations, Mr Ribeiro said.
Brazil is the biggest jewellery producer in Latin America.
The ICA (International Colored Gemstone Association) Congress runs until May 22, 2025.
