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In the month of April 2026 India’s gems and jewellery export sector started on a weak note as exports fall sharply as global geo political tensions and global trade uncertainty has disrupted the international demand. This sector in which India is major export earners has witnessed the decline the the gold jewellery and diamond shipments but the silver jewellery exports delivered the surprising jump.
India’s Gems and Jewellery Exports Decline in April 2026
India’s total gems and jewellery exports fell by the 9.07% in April 2026.
Total exports stood at the $2.23 billion (which is ₹20,825 crore).
In the April 2025, exports were at around $2.45 billion (₹20,952 crore).
The decline reflects the growing pressure on the India’s export-oriented jewellery industry.
This latest figures were released by the Gem & Jewellery Export Promotion Council (GJEPC).
West Asia Conflict Emerges as a Major Trigger
One of the major reasons behind the export slowdown is the current West Asia conflict. This geopolitical crisis has disrupted the global shipping routes, supply chains, insurance costs and buyer sentiment.
In the economical terms International trade often reacts to sharply in the times of geopolitical uncertainty.
For the India’s jewellery exporters, delays in the shipments and market disruptions have directly affected the business volumes.
The West Asia region remains strategically important for the global trade movement.
Gold Jewellery Exports Take a Sharp Hit
Also the Gold jewellery exports saw one of the steepest declines.
Overall the gold jewellery exports dropped to 21.77%.
And the exports fell to $841.54 million.
Last year during the same period, exports value stood at $1.08 billion.
This reflects the weaker international gold demand and trade disruptions.
Plain Gold Jewellery Faces Severe Fall
The Plain gold jewellery exports were hit especially hard.
Exports dropped by the 47.06%.
April 2026 exports stood at $341.08 million.
In April 2025, this figure was at the $644.33 million.
Diamond Exports Also Under Pressure
India’s diamond export sector also witnessed the weakness.
Cut and Polished Diamonds exports fell by 19.65%. and export value of April stood at $890.91 million.
It saw the dip in the export value as compare to $1.11 billion last year.
This signals the softer international demand for the diamonds.
Silver Jewellery Exports Rise
As most of the jewellery sector segments declined, silver jewellery stood out dramatically.
The silver jewellery exports surged by an extraordinary to 444%.
Exports rose to around the $268.38 million.
This is one of the most big shifts in the latest export data.
