BANGKOK: The President of the Gem and Jewelry Institute of Thailand (GIT) (Public Organization) has disclosed that Thailand’s jewelry exports grew by 67.12 percent in the first half of the year.
GIT President Siriphol Yodmuangchareon revealed that the export of gems and jewelry has stabilized well, in keeping with the economic conditions. The exports’ value in the first half of the year totaled 8,174 million dollars US, a 67.12 percent growth compared with the same period in the previous year, he said.
As for the impact of BREXIT, importers from the United Kingdom and the European Union (EU) might delay their orders so that entrepreneurs can adapt to the change and seek new markets to compensate for lost sales expected in the EU.
