Gems and jewellery exports fall to five-year low on U.S. tariffs

Shipments to the ‌U.S. fell 45% from a year earlier to $5.09 billion, as exports were disrupted for several months after Washington imposed reciprocal ‌tariffs and later added a further 25% ​duty on Indian goods, GJEPC data showed.

Apr 16, 2026 - 00:30
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Gems and jewellery exports fall to five-year low on U.S. tariffs
Shipments to the ‌U.S. fell 45% from a year earlier to $5.09 billion, as exports were disrupted for several months after Washington imposed reciprocal ‌tariffs and later added a further 25% ​duty on Indian goods, GJEPC data showed.

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