Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
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Country US dollars in millions % split<br />
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 in 2001<br />
- 1992 - 1993 - 1994 - 1995 - 1996 - 1997 - 1998 - 1999 - 2000 - 2001 - 2002<br />
USA 54.3 54.8 65.4 82.0 86.2 107.0 156.4 436.6 600.9 646.2 647.0 55<br />
UAE 120.3 72.8 95.5 96.2 105.7 154.6 150.4 239.1 170.6 230.1 234.0 20<br />
UK 38.5 31.9 31.5 47.3 65.2 83.1 89.2 80.3 100.5 102.1 111.2 10<br />
Singapore 6.6 8.6 20.4 13.7 21.0 20.1 23.5 19.8 30.9 39.6 45.0 4<br />
Hong Kong 3.2 4.1 6.6 22.8 22.6 23.8 21.3 44.0 36.5 37.6 13.0 1<br />
Kuwait 4.2 7.4 11.3 21.2 12.6 20.6 21.6 21.6 11.2 13.3 12.8 1<br />
Germany * * * * * 5.1 4.5 25.5 29.6 19.5 12.0 1<br />
Belgium * * * * * 1.6 1.7 10.3 28.1 * * *<br />
Bahrain * * * * * 3.2 6.5 12.2 5.8 * * *<br />
Others 12.0 12.7 15.4 20.6 33.6 38.0 35.9 63.8 87.9 69.9 91.8 8<br />
Gross 239.1 192.3 246.1 303.7 346.8 457.3 510.9 853.1 1,102.0 1,168.8 1,166.8 100<br />
exports<br />
Returned - 1.3 - 1.0 - 1.5 - 2.0 - 5.4 - 7.5 - 10.6 - 6.9 - 14.6 - 18.9 n.a. n.a.<br />
items<br />
Net exports 237.8 191.4 244.6 301.7 341.4 449.8 500.4 846.2 1,087.4 1,149.9 n.a. n.a.<br />
Add SEEPZ 66.5 94.6 122.8 184.1 227.7 297.9 339.1 # # # # #<br />
Grand 304.3 286.1 367.4 485.8 569.2 747.7 839.5 846.2 1,087.4 1,149.9 n.a. n.a.<br />
Total<br />
Source: GJEPC. * Exports included in “Others”. # Countrywise destination of gold jewellery exported from SEEPZ (Mumbai) is only included from<br />
!998 - 1999.<br />
The USA is India’s most important export market. It now absorbs 55% of the value of gold jewellery exports.<br />
Category US dollars in millions<br />
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001<br />
- 1992 - 1993 - 1994 - 1995 - 1996 - 1997 - 1998 - 1999 - 2000 - 2001 - 2002<br />
<strong>Gold</strong> jewellery 304.3<br />
exports<br />
286.0 367.4 485.8 569.2 747.7 839.5 846.2 1,087.4 1,149.9 1,166.8<br />
<strong>Gold</strong> bar<br />
imports<br />
231.6 162.9 350.4 373.6 347.9 409.6 284.3 394.8 438.8 497.1 573.22<br />
Value<br />
addition<br />
72.7 123.1 16.9 112.2 221.3 338.2 555.2 451.4 648.6 652.8 593.6<br />
% Value<br />
addition<br />
24 43 10 23 39 45 66 53 60 57 51<br />
Source: GJEPC<br />
GOLD JEWELLERY EXPORTS<br />
GOLD JEWELLERY EXPORTS TO MAJOR MARKETS<br />
VALUE ADDITION - GOLD JEWELLERY EXPORTS VERSUS GOLD BULLION USAGE<br />
Value addition on gold jewellery exports has grown from US$ 73 million in 1991-92 to more than US$ 600<br />
million in recent years.<br />
138<br />
AN INTRODUCTION TO THE INDIAN GOLD MARKET
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