Sri Lanka explores opportunities at Bangkok Gem and Jewellery Fair

GemEx Lanka 

Global Gems

The Export Development Board (EDB) in collaboration with the Sri Lankan Embassy in Thailand organised a Sri Lanka pavilion at the 68th Bangkok Gems and Jewellery Fair (BGJF) 2023 held from 6 to 10 September, in Bangkok, Thailand, with a view to strengthen the gem and jewellery industry and increase the sector’s contribution to the economy.

Thailand is considered the gems and jewellery hub in Asia as most of the world’s major gem and jewellery buyers source their requirements from Thailand, the second largest market for Sri Lankan gems in 2022 with a high potential for further expansion of exports.

A delegation from Sri Lanka participated at the 68th BGJF 2023, Asia's leading trade show for the gem and jewellery industry that provides an outstanding platform for Thailand and international jewellery manufacturers to display their latest creations.

Sri Lanka’s business delegation to BGJF 2023, comprised seven Sri Lankan companies; A R Gems Ltd, Gemex Lanka, Global Gems Ltd, Gem Paradise, Natural Sapphires Ceylon Ltd and Ceylon Beauty Gems.  Part of the cost of SMEs was reimbursed by the Sri Lanka Export Development Board. The Sri Lanka pavilion showcased precious and semi-precious gemstones and gem studded jewellery.

The companies that participated at the Fair stated it was an excellent platform for Sri Lankan gem exporters to receive more orders from foreign buyers and explore new trends in the international market.

This annual trade fair provides a platform for importers, buyers, sellers and manufacturers to expand their businesses in many dimensions from material sourcing, trading, and network-building.

This year, over 15,000 buyers and visitors from the global gems and jewelry industry including 1,000 Thailand and international companies in 2,400 booths participated. The EDB has entered into a promotional agreement with the Thai Trade Centre Chennai (TTCC) since 2017 and organised Sri Lanka’s participation at the BGJF. Based on this long-term mutual understanding, the EDB was able to get a prominent location at a better rate to construct the Sri Lanka pavilion this year.  

The EDB looks forward to continue to organise  the Sri Lanka pavilion at the Bangkok Gem and Jewellery Fair in the future and bring in much needed foreign exchange to the country at this crucial juncture.