The gem, diamond and jewellery export sector has recorded an overall growth of 53 percent as at end of June 2012, earning a revenue of 37 thousand 488 million rupees in comparison with the corresponding figure of Rs.24,459 million in 2011.

The sector shows promising growth and there have been increases in gem exports, cutting sector, jewellery and diamonds recording values of Rs 7,999 million, Rs 161 million, Rs 1,566 million and Rs 27,656 million respectively for January to June 2012.

The most significant growth is recorded by Jewellery exports, where the benefit of total value addition is gained and the service cutting and diamond manufacturing industries where Sri Lanka has proved the presence of a highly skilled workforce of lapidarists and diamond cutters.