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Imports and Exports: In addition to over 2,000
shops specializing in gems, Thailand has some 400 gemstones exporters, most
of whom are based in Bangkok. Of these, about 20 handle almost half of the
exports from Thailand. Wholesale Labradorite Jewellery
Gems locally produced as well as imported are mostly exported after processing. Thailand currently exports precious goods to the U.S.A., European countries, Japan, Hong Kong, Israel, etc. There is a sizeable tourist trade and lately gem buyers from many countries have also been flocking to Thailand for colored gems.
Thailand imports some precious goods from India and also exports some rough diamonds and colored gemstones to India.
Lately tourism has been helpful in buoying up Thailand's gems and jewellery exports. Wholesale moonstone Jewellery
Indian Presence : The Thai gems and jewellery industry and trade have a sprinkling of Indians, many of whom have settled there permanently. "
Links with India: Nearly 300 Indian Gaddies (offices) are functioning in Thailand. These and other Thai precious traders maintain regular business relations with Jaipur, India's colored gems capital. Direct air-links between Jaipur and Bangkok promise more give-n-take both ways.
India's new Prime Minister Dr. Man Mohan. Singh has visited Bangkok in July, 2004 officially. He also addressed a gathering of the Indian community there and urged them to be good representatives of India and work hard for the host country.
Gemmopolis : A gems city named Gemopolis has been established near Bangkok. It will be Thailand's first fully integrated centre for diamonds, colored gems and jewellery industries and trade.
Gems and jewellery manufacturers who set up their operations for exports in the Gemopolis project are exempted from the Government regulations requiring them to put up bank guarantee for the value-added-tax (VAT) on the imported machinery and raw materials which they can recoup later J.T.C. : Another huge complex is the 55 storey Jewellery Trade Centre whi.ch is coming up. Wholesale turquoise Jewellery
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