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Thailand & The Diamond Industry

The news in today regarding the coup staged in Thailand by the army loyal to the king (whose name I cannot pronounce so I wont try to spell it either...), may have some very interesting consequences and short term (at the very least) impact on/for the diamond industry in general.

Why?

Did you know that Thailand imported some $38 million worth of diamonds from the United States in 2005, while exporting some $110 million worth of diamonds to the United States.

In general the (jewelry industry) trading markets in Thailand can be categorized into six groups: Diamonds, colored stones, synthetic stones, jewelry, costume jewelry, and miscellaneous categories, with jewelry making up 46 percent of the market's total sales, followed by diamonds at 27 percent.


Posted by Judah Gutwein on September 19, 2006 3:20 PM in Diamond News | Comments (1)

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Comments

can we know the retails of diamond please and how should we deal with u for promoting our dealings

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