Additionally, gemstones and minerals saw a nearly 10% increase, while costume jewelry exports recorded a nearly 50% rise.
The global market for Brazilian gemstones, minerals, jewelry, and fashion jewelry in 2023 has signaled growth compared to 2022 figures, as revealed by the latest export data. These insights come from information gathered by Precious Brazil, an initiative of the Brazilian Gems & Jewelry Trade Association (IBGM) and the Brazilian Trade and Investment Promotion Agency (ApexBrazil).
The standout achievement is in the performance of jewelry exports. The figures for 2023 show a remarkable 56.65% increase in export value. Specifically, in 2022, jewelry exports amounted to US$ 23,071,865, whereas in the subsequent year, this figure surged to US$ 36,142,575. In 2022, gemstone and minerals reached a value of US$ 200,904,300. By 2023, this number rose to US$ 219,754,114, representing a positive variation of 9.38%. Additionally, fashion jewelry also saw a significant increase in its exports. From US$ 3,988,285 in 2022, the value surged to US$ 5,896,658 in 2023, indicating a growth of 47.85%.
All mentioned values refer to Free on Board (FOB) value (US$), which represents the price of the merchandise and associated costs until the moment it is dispatched from its origin.
About ApexBrasil
The Brazilian Trade and Investment Promotion Agency (ApexBrasil), works to promote Brazilian products and services abroad and attract foreign investment to strategic sectors of the Brazilian economy. The Agency carries out diversified trade promotion initiatives, such as prospective and trade missions, business roundtables, support for Brazilian companies to participate in major international fairs, and visits by foreign buyers and opinion makers to learn about the Brazilian production structure.
About Precious Brazil
The Industry Sector Project Precious Brazil aims to support and promote Brazilian Companies in the minerals, gemstones, jewelry and fashion accessories segments that seek to export their products, whether they are beginners, exporters or already internationalized. Coordinated by the Brazilian Gems & Jewellery Trade Association (IBGM) in partnership with the Brazilian Trade and Investment Promotion Agency (ApexBrasil) – the project currently serves approximately 130 companies in the industry.
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