Brazil’s Goal: Exporting US$ 1 Billion in Jewels in 2006

Brazilian companies that are makers of gems and jewels should end the year of 2005 with exports of US$ 766 million, according to forecasts by the Brazilian Institute of Gems and Precious Metals (IBGM). The value will represent growth of 3.3% over foreign sales in 2004, which totaled US$ 741 million.

The figures were supplied by the institute, Thursday, December 15. On the Brazilian market, sales of domestic gem producers should reach US$ 1.9 billion this year, with growth of 5% over 2004, when they reached approximately US$ 1.8 billion.

The jewelry and gem sector includes producers of rough gems, cutters, products and artifacts made out of stones, gold in bars, threads and plates, ready jewelry, plated jewelry and costume jewelry made out of common metals, among other products for industry.

For 2006, the sector target is to export US$ 1 billion. The Arab countries, especially the United Arab Emirates and Bahrain, are among the main destinations for Brazilian jewelry on the foreign market.

In 2004 the United Arab Emirates purchased US$ 7.5 million from Brazil, 81% more than in 2003, and the Arab country is the second main importer of Brazilian cut diamonds, the fifth main buyer of rubies, sapphires and emeralds, and the eighth main buyer of manufactured jewelry. In the case of Bahrain, the country was the fourth main market for Brazilian ready jewels.

The marketing manager at the IBGM, Natália Salomão, stated that one of the factors that has been providing an impulse to sales is the partnership made six years ago with the Brazilian Export and Investment Promotion Agency (Apex).

"This year alone, the IBGM and Apex have taken around 35 Brazilian companies to 15 foreign fairs," he said.

One of them was Jewelry Arabia, one of the largest fairs in the Middle East, which took place between November 23rd and 27th, 2005, in Manama, the capital of Bahrain. The Brazilian stand, organized by the Arab Brazilian Chamber of Commerce, included four Brazilian companies.

According to Natália, the choice of fairs and events for Brazilian companies to participate in throughout the year of 2006 is being defined and will be published up to February.

"Initially, promotion will follow the success strategy that has taken place over the last few years. Participation in Arab fairs should take place, but that has not been closed yet," she added.

Currently, the main destination for Brazilian jewelry is the United States, which is also the largest jewelry importer in the world.

The Brazilian jewel and gem industry is working hard to add value to the products exported, especially through work on design. The measure is seen as one of the alternatives to bring more funds to the country. This year, the country is going to export US$ 100 million in ready jewels.

Brazil is the second largest world producer of emeralds, the 14th producer of gold and occupies the 18th position in the rank of exporters. The country is also the only world producer of Imperial Topaz and Paraí­ba Tourmalines.

Anba – www.anba.com.br

Tags:

  • Show Comments (1)

  • Guest

    John McColgan email is: jm@pharmatropic.
    Dear Sirs & Madams,

    I need three gold/orange imperial topaz ovals. approximate size of 9X7MM each . Doesn’t matter whether stone has inclusions or mis-cuts, however, must be dark orange/gold. Can you accommodate and send pictures of the specific stones I will be purchasing that you can set aside for me? I am awaiting your response.

    My zip code is 18901 Pennsylvania USA please forward shipping rates, please for 3-day air.

    I forgot to ask…they (topaz)are real and not synthesized or heat treated etc….please advise

    Regards,

    John

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil Invites Mexico to Create a Trade Bloc with Global Ambitions

Brazilian President, Luiz Inácio Lula da Silva, has invited Mexico to join South America ...

Agronomist Looks for Partners to Make Brazil a Producer of Dates

Dates, fruit typical of the Middle East, may help transform the reality of the ...

With 13 Million Small Businesses, Brazil Is World’s 7th Most Enterprising Country

Brazil is the seventh most enterprising country in the world. This information was disclosed ...

Brazil Tries to Sell New Trade Image, Beyond Raw Material

There is a need for Brazil to promote its goods overseas. Although trade has ...

US$ 3 Million in Dental Deals for Brazil

Brazil’s 1st International Business Roundtable at the São Paulo International Dental Meeting (Ciosp), which ...

Brazil Gives Haiti Cashew Factory as a Gift

A mini-factory for processing cashew nut that was built and donated by Brazilians is ...

Lula and Chavez Tie Economic Knots

Brazilian President Luiz Inácio Lula da Silva arrives today for a state visit to ...

In Brazil, IMF Only for a Rainy Day

Speaking to journalists at the Palácio do Planalto, December 23, Brazilian President Luiz Inácio ...

For Brazilian President-Elect’s Main Ally Party It’s Payback Time

The PMDB (Party of the Brazilian Democratic Movement), Brazil’s ruling Workers Party main ally ...

It’s Official: Brazil Won’t Renew IMF Accord

Brazil’s Minister of Finance, Antônio Palocci, informed the International Monetary Fund (IMF) that Brazil ...