Overview
- Total shipments fell 30.57% year on year to USD 2,168.05 million, according to official council data.
- Cut and polished diamond exports dropped 26.97% to USD 1,025.99 million, lab‑grown diamonds fell 34.90% to USD 94.37 million, and gold jewellery slipped 28.4% to USD 850.15 million.
- Silver jewellery exports declined 16% in October to USD 121.37 million, while coloured gemstone shipments for April–October were down 3.21% to USD 250.14 million.
- GJEPC cited pre‑festival stocking and volatile bullion prices as additional pressures on October trade flows.
- The council reported at least a 10% reduction in bank finance to the sector and said exports are expected to pick up in November with a slow recovery in China and seasonal Christmas demand.