Hong Kong Jewelry Exports +14% to $3B
Diamonds.net, NY
RAPAPORT… Hong Kong’s jewelry exports increased 14 percent to $2.98 billion during the first ten months of 2006, according to the Hong Kong Jewelry Manufacturers’ Association (HKJMA), reported Xinhua News on December 8.
Speaking at the “2006 World’s Jewelry Design Masters, Strategists & Leaders Forum,†HKJMA chairman Edward Cheung noted that in the near future Hong Kong will continue to be the world’s fourth largest exporter of precious jewelry.
Jewelry exports will continue to rise to major destination markets- the U.S., Europe and Japan- he added.
Industry experts emphasized China’s increasing importance to Hong Kong jewelers as a manufacturing sector as well as a growing market for Hong Kong’s jewelry industry.
