HK's jewellery exports surge 20.1% in H1 2018

HK's jewellery exports surge 20.1% in H1 2018

Hong Kong-based jewellers sold 20.1 percent more jewellery products abroad from January to June this year, compared to the same period in 2017, government data showed In June alone, exports of jewellery, goldsmiths' and silversmiths' wares rose 7.3 percent, the Census and Statistics Department of Hong Kong further revealed Slight improvements in jewellery imports were likewise recorded, with first half figures registering a 09 percent increase while jewellery imports for June were 27 percent higher year-on-year.

Jewellery exports have been in positive territory since the beginning of the year According to the 2018 Mid-Year Export Review: Potential Growth Overshadowed by Looming Trade Disputes published by the Hong Kong Trade Development Council, Hong Kong's exports of fine jewellery grew by about 20 percent - the highest among all of the major sectors - in the first four months of 2018 "This robust export growth was driven by the demand for gold jewellery, while global economic growth also boosted demand for high-end accessories, such as diamonds," noted HKTDC.

"However, given that the gold price has remained high since the second half of 2017, the growth of fine jewellery exports is expected to slow down somewhat for the remainder of the year." . Source

Popular products near you

Popular Posts

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold ...

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold earrings w...

read more

24 Pieces of Jewelry That Will Make the Perfect Holiday Presents

From classic to statement-making, there's something for everyone on this list. No matter how well yo...

read more

Stocking up: Holiday 2020

Bright colors, charms, and classic looks are the top orders this holiday season as the pandemic keep...

read more

White Gold Moissanite Engagement Ring Set MOI-7145S

This interlocking diamond wedding set features a solitaire engagement ring with round moissan...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries, products and services