The details of Gems and Jewellery exported/imported during the last three years and the current year as well as country-wise is at Annexure.

With a view to promote the Gems and Jewellery Sector, Government has taken a number of steps such as providing financial assistance for participation in international fairs, organizing buyer-seller meets etc. under Market Development Assistance (MDA) and Market Access Initiative (MAI) Schemes of the Department of Commerce.  Government has also announced a number of measures in the Foreign Trade Policy (FTP) 2009-14 to promote export of Gems and Jewellery such as permission to import diamonds on consignment basis for certification/grading & re-export by specified agencies, increasing the limit of personal carriage of Gems & Jewellery products in case of participation in overseas exhibitions and in case of export promotion tours etc.

ANNEXURE

Annexure referred to in reply to Part (a) of Lok Sabha Unstarred Question No.3350 due for answer on 1.8.2014.

Total exports and imports of gem and jewellery items for the last three years and current year is as under:-

(in USD Million)

Year	Exports	Imports
2011-12	46374.28	91044.08
2012-13	42988.48	83862.47
2013-14	41390.57	58442.39
2014-15 (Upto May 2014)	6870.23	9253.51

Exports and imports of gem and jewellery items to/from five major countries for the last three years and the current year is as under:-

EXPORTS                                                                                                                    (in USD Million)
2011-12		2012-13		2013-14		2014-15(Apr-May)
Country	Value	Country	Value	Country	Value	Country	Value
Hong Kong	11396.00	Hong Kong	10629.92	Hong Kong	11138.29	UAE	2261.25
U S A	6762.49	U S A	6696.22	U S A	7796.40	Hong Kong	1612.10
Belgium	3361.46	Belgium	2287.82	Belgium	2677.04	U S A	1491.82
Israel	1455.90	Israel	1158.34	Israel	1314.79	Belgium	486.75
Singapore	625.39	Singapore	636.87	Thailand	755.51	Israel	209.50

 

IMPORTS                                                                                                                          (in USD Million)
2011-12		2012-13		2013-14		2014-15(Apr-May)
Country	Value	Country	Value	Country	Value	Country	Value
Switzerland	32639.09	Switzerland	29679.33	Switzerland	17494.41	Switzerland	2608.87
UAE	18360.22	UAE	20374.43	UAE	11899.67	Belgium	1889.99
Belgium	8370.53	Belgium	8313.05	Belgium	9016.21	UAE	1389.73
Hong Kong	8279.39	Hong Kong	5500.18	Hong Kong	4777.08	Hong Kong	639.45
South Africa	7923.59	South Africa	5088.19	South Africa	2770.38	China	415.82

Source:  DGCI&S

The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

Export promotion measures expand consignment imports for certification and provide market support under MDA and MAI schemes. Financial assistance for participation in international fairs and buyer seller meets is provided under the Market Development Assistance (MDA) and Market Access Initiative (MAI) schemes. The Foreign Trade Policy permits import of diamonds on consignment for certification/grading and re export by specified agencies, and increases limits on personal carriage of gems and jewellery for overseas exhibitions and export promotion tours, facilitating temporary importation and certification.