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14
Jul

0
Brazil Gems and Jewelry sector project initiatives export almost US$ 3 million in June

Brazil Gems and Jewelry sector project initiatives export almost US$ 3 million in June

Gold jewelry and gemstones companies are celebrating June’s export results. In three actions supported by the Brazil Gems and Jewelry sector project, joint initiative between the Brazilian Institute of Gems and Precious Metals (IBGM) and the Brazilian Trade and Investment Promotion (Apex-Brazil), Brazilian companies exported approximately US$ 3 million and expect to export another US$ 8 million over the next twelve months.

In Las Vegas, seven gold jewelry companies exhibited their collections in two events – JCK and Couture – closing a hundred business deals and prospecting 200 for the next year. Across the world, 27 colored gemstones companies formed the Brazilian pavilion at June Hong Kong Jewellery & Gem Fair, with more than a thousand business transactions. On average, each dollar invested by the sector project generates 1,200% return in exports and over 3,800% in potential business.

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