Thailand’s gems and jewellery exports are expected to do brisk business this year, driven by the economic recovery in trading partners and relaxation of strict lockdown measures.
According to Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, the department predicted gems and jewellery exports excluding gold will increase by 20% this year.
“After consulting with business operators every two months, the department is confident outbound shipments of gems and jewellery should post healthy growth this year, with export value expected to top US$7.39 billion,” he said.
“Many trading partners of Thailand have eased their lockdown measures, while economic activities and consumer spending in those countries have increased.”
However, Mr Phusit…
