1% growth set for Thailand’s Jewelry exports

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65th Bangkok Gems & Jewelry Fair
February 25th, 2020 – Bangkok

At the 65th Bangkok Gems and Jewelry Fair, Mr. Sansern Samalapa, Deputy Minister of Commerce presented the award “Thai Trade Friendly 2020” or “Thailand’s Friend Award 2020” to build good relations and show gratitude for Cooperating with important importers and the group that is involved in expanding trade opportunities as well as social media influencers in maintaining market expansion and market revitalization continuing to push the export of Thai gems and jewelry products.

Mr. Somdet Somboon, Director-General of the Department of International Trade Promotion, said that the department has given importance to the event. Because it is an international trading platform for the gem and jewelry industry. Therefore, they confirmed to hold the event in February as originally scheduled In collaboration with the Department of Disease Control Ministry of Public Health and related agencies issuing measures to fully prevent the spread of the Covid-19 virus according to international standards. In order for the visitors to be confident in the safety standards there were 972 companies participating in the event, 2,054 booths from both Thai and foreigners. This is the only opportunity this month for people in the gem and jewelry industry to come to seek raw materials, their desired products, and meet buyers from all over the world. Pre-registrations received from over 100 countries around the world.

In the year 2019, gems and jewelry are the 3rd most important export product in Thailand with an export value of over 15,691 million US dollars. An increase of 30.91 percent, or 6.37 percent of the total export value If not including gold which is not yet molded. With an export value of US $ 8,097 million expected to expand by 6.34 percent this year, and which aims to reach a value of exports for gems and jewelry (Excluding gold) to US $ 8,178 million or grow by 1 percent.

The 65th Bangkok Gems & Jewelry Fair is held between 25-29 February 2020 at Challenger Hall 1-3, Impact Muang Thong Thani, with trade negotiation days being 25-27 February. 10:00 am – 6:00 pm and retail days – February 28, 10:00 am – 6:00 pm and February 29, 10:00 am – 5:00 pm

Source: https://www.innnews.co.th/economy/news_607294/

Disclaimer: This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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