Building BusinessServices

Section 14

Gold and silver jewellery

India’s exports: 13,340.82 US$ million · 2025-26 (provisional)

HS codes
3
top markets
5

How to start

  1. Get an Import Export Code (IEC) from DGFT online; it is free and linked to your PAN.
  2. Register with GJEPC and get your RCMC (Registration-cum-Membership Certificate) through the DGFT e-RCMC system.
  3. Silver and handcrafted jewellery need less capital than gold; many small exporters start there.
  4. Gold for export manufacturing can be sourced duty-free through nominated agencies and banks under export schemes; plan it with your bank.

Top buyer countries

  1. United Arab Emirates5,700.68 US$ million · 2025-26
  2. United States2,766.79 US$ million · 2025-26
  3. Hong Kong1,452.62 US$ million · 2025-26
  4. Singapore498.03 US$ million · 2025-26
  5. United Kingdom484 US$ million · 2025-26

Certificates and registrations

Watch out for

  • Gold price swings change your input cost daily; hedge or price on the day of fixing.
  • UAE and US take most exports; trade agreements and tariffs decide competitiveness.
Sources (3)
  1. TradeStat, Department of Commerce — Export: Principal Commodity-wise, April–March 2026 (provisional), US$ million — row "G9, GOLD AND OTH PRECS METL JWLERY"
  2. TradeStat (Export Import Data Bank), Department of Commerce — Commodity-wise all countries export, HS 7113, 2025-26, US$ million · 2025-26
  3. HBP Appendix 2T — List of EPCs / Commodity Boards (DGFT), via research/export-import.json · 2023