GJEPC: US Trade Talks Clarity Expected in Jan, Exports Steady at $19 Billion

• The Gem & Jewellery Export Promotion Council (GJEPC) expects clarity on US trade-related developments in early January.
• India's gem and jewellery exports remained steady at $19 billion till November 2025, aided by Free Trade Agreements (FTAs).
• Diversification into new markets like the Middle East, Europe, and Africa has offset the slowdown in China.
• Oman is emerging as a manufacturing and trading base, with exports to the UAE rising around 30% this year.
• High gold prices are tempering demand, while diamond prices appear to have stabilized after recent weakness.

Why It Matters: GJEPC anticipates US trade clarity soon, with FTAs and diversification driving steady gem and jewellery exports.