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Gems and jewellery exports drop 9% in April as West Asia tensions chill buyers
Economy
Published on 15 May 2026
Cut and polished diamonds plunge while imports surge
Indian gems and jewellery exports fell 9.07% in April 2026 to US$ 2,448.53 million (Rs. 20,952.26 crore), as geopolitical tensions in West Asia pushed buyers toward caution. Cut and polished diamond exports dropped 19.65%, even as cut diamond imports rose sharply on replenished stocks and hopes of global demand recovery. Plain gold jewellery exports fell 47.06% amid high gold prices, while studded gold, silver, and platinum segments posted strong growth.
- Total gems and jewellery exports down 9.07% to US$ 2,448.53 million
- Total imports down 9.54% to US$ 2,032.56 million
- Cut and polished diamond exports drop 19.65% to US$ 890.91 million
- Cut diamond imports jump 260.20% to US$ 222.02 million
- Plain gold jewellery exports plunge 47.06% to US$ 341.08 million
- Silver jewellery exports surge 444.04% to US$ 268.38 million
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times