As the 71st Bangkok Gems & Jewelry Fair approaches, anticipation builds not just for the dazzling display of gems but also for the impressive trade figures expected to emerge. Slated for February 22 to 26 at the esteemed Queen Sirikit National Convention Centre (QSNCC), this event promises to be a glittering affair that will shine brightly in the world of international trade. Hosted by the Department of International Trade Promotion (DITP) alongside the Gem and Jewellery Institute of Thailand, and supported by a fusion of public and private sector champions, the fair is set to generate over 3.5 billion baht in trade.
Sunanta Kangvalkulkij, the Director General of the DITP, has accentuated the role of Thailand’s gems and jewellery industry as a bedrock of economic resilience, weathering global economic tempests. In the previous fiscal year, the sparkle of this sector was undeniable, with export values reaching a staggering US$9.6 billion—or about 333.6 billion baht—excluding unwrought gold. Not only did this mark a remarkable 10.9% year-on-year surge, but it also soared past projections with the elegance of a polished sapphire.
Thailand, revered for its exquisite craftsmanship, holds a prestigious rank as the second-largest exporter of silver jewellery globally and stands proudly as the third in colored gemstone exports by value. Over the last decade, the value of these precious gemstone exports has seen a striking doubling, a testament to the country’s polished prowess. Major mining behemoths like Fura Gems and Gemfields have zeroed in on Thailand as a pivotal hub for gemstone auctions, further cementing its status as a luminary in the global trading pantheon.
The Bangkok Gems event itself is a gem in the crown of global trade exhibitions; recognized as Asia’s eldest and most esteemed, it is among the crème de la crème of the world’s top four industry fairs. This year promises to outshine even the grandest of expectations with an impressive addition of 100 booths, totaling over 1,100 top-flight exhibitors from Thailand and beyond. With these additions, the fair will span a staggering 2,600 booths, poised to allure more than 40,000 visitors from various international locales, as reported by the Bangkok Post.
Beyond the gleaming gems and glittering jewellery, this fair promises a treasure trove of networking opportunities, from professional receptions designed to foster lucrative partnerships, to seminars and workshops rich with industry insights. Notably, a particularly exclusive segment—the Amour Éternel Haute Joaillerie exhibition—will reveal a collection meticulously crafted under the personal design guidance of HRH Princess Sirivannavari Nariratana Rajakanya, showcasing the finest artisanal flair Thailand has to offer.
A look back at last year’s edition reveals a sensational triumph with figures exceeding expectations: an estimated trade value north of 3.7 billion baht, which eclipsed the target by 12%. With nearly 40,000 attendees soaking up the rich tapestry of events, this was a testament to the unyielding vitality and innovation embedded within Thailand’s gem and jewellery scene. The fair gathered a constellation of over 1,125 leading exhibitors from the local and international community, dazzling across an arena of 2,483 booths within the QSNCC’s eight grand halls.
As the fair opens its gates this February, expect a carnival of color and craftsmanship, a festival of flawlessness, and a convergence of cultures eager to trade, network, and immerse themselves in the captivating world of gems and jewellery. This event, with its bedazzling statistics and glinting glamour, stands as a testament to Thailand’s unwavering position as a beacon in the global trade sea—ready to dazzle, delight, and, of course, deal.
Isn’t it ironic that while Thailand is showcasing this massive fair, there are still ethical concerns about gemstone sourcing?
True, but aren’t many industries facing ethical issues? The fact that Thailand is succeeding in gems is still impressive.
I get that, but should we ignore these ethical issues just because of economic success?
3.5 billion baht is great, but will the average Thai citizen feel any of that wealth, or is it just for the elite?
I doubt it. Events like these mostly benefit businesses and not the everyday person.
Exactly, more transparency is needed on how this fairs’ success impacts local communities.
While it’s true that benefits are often upper-tier, the industry does provide jobs at various levels. The challenge is ensuring equitable distribution.
I can’t wait to visit the fair! Princess Sirivannavari’s collection sounds amazing.
Sure, but isn’t this just a show? How accessible is this ‘art’ to the everyday person?
Why do these fairs always boast such high trade numbers? They seem exaggerated.
I work in the industry and can confirm those numbers often include multi-year deals, not just immediate trade during the fair.
Thanks for the insight, but doesn’t that mean misleading information is being presented to the public?
Why isn’t there more spotlight on local Thai designers instead of just luxury brands?
Definitely! Local talent deserves more recognition. Maybe future fairs will include more local workshops and spotlight events.
I’m planning to visit. Is it worth attending if I’m just a casual jewelry lover?
Oh absolutely! There’s always something for everyone, including fascinating displays and cultural experiences.
Does anyone know if sustainability has been made a priority for the 2025 fair?
There was some mention of sustainable practices, but nothing concrete as far as I know.
It’s frustrating how slow the industry is at making real sustainable changes.
What about new tech in gemology? Is the fair showcasing anything innovative this year?
I heard there’s a section on gem-treatment technologies and blockchain for tracking gem origins.
That’s exciting! Blockchain could really revolutionize transparency.
Isn’t this just another way to glorify wealth disparity? The rich get richer with these fancy fairs.
I wonder how these fairs affect local traffic and life in Bangkok. They seem so disruptive!
It’s chaotic for sure. But some locals appreciate the business influx.
This fair sounds like a perfect blend of culture and commerce, can’t wait to see it in person.
With so much focus on gems and jewelry, I hope the event organizers also include some cultural preservation activities.
The fair sounds fabulous, but isn’t it kind of sad to think about how many of these gems were extracted at a significant human cost?
That’s the double-edged sword of the jewelry industry. Some initiatives are working towards ethical sourcing though.
I hope these become standard practice sooner rather than later!
With predicted figures like 3.5 billion baht in trade, is this really a truth reflection of future stability in the sector?