Italy Ranks Third in UAE Jewellery Exports with €837M Sales

Dubai, UAE – Italy continues to solidify its global leadership in the jewellery and gemstone sector, with exports to the UAE reaching an impressive €836.9 million in the first seven months of 2025. Representing a 7.9% share of the market, Italy ranks as the third-largest jewellery exporter to the Emirates, reflecting a robust 13.72% year-on-year growth. This surge underscores the growing regional demand for Italian creations, celebrated worldwide for their exceptional artistry, innovation, and design sophistication.

Italy will further showcase its jewellery excellence at Jewellery, Gem & Technology Dubai (JGTD) 2025, scheduled from 11–13 November at the Dubai Exhibition Centre, Expo City. The Italian Pavilion, organised by the Italian Trade Agency (ITA) in partnership with the Italian Ministry of Foreign Affairs and International Cooperation, will feature 30 leading jewellers, technology innovators, and design specialists. Visitors will gain insight into advanced manufacturing techniques, sustainable practices, and contemporary design trends. Additionally, the dedicated Italian Jewellery Lounge will offer a prime networking platform for regional buyers, investors, and industry partners.

"Italy’s presence at JGTD Dubai highlights the strength of our trade relations and shared dedication to craftsmanship, innovation, and distinction. Our companies bring a rich heritage of design and production that complements the UAE’s position as a global luxury hub," said Lorenzo Fanara, Ambassador of Italy to the UAE.

The UAE continues to serve as a strategic gateway for international jewellery trade, fueled by high consumer demand, tax-free shopping, and a thriving tourism sector. According to the World Gold Council, the country ranks fifth globally in gold jewellery demand, reaching nearly 40 tonnes in Q2 2024. This positions Dubai as an ideal launchpad for Italian brands seeking expansion across the Middle East, Africa, and South Asia.

"Italy’s jewellery and gemstone sector is globally renowned for quality, innovation, and design leadership. The UAE remains a key market for our exports, particularly in fine jewellery. JGTD provides a unique opportunity to showcase Italian expertise, connect with new partners, and reinforce our reputation as a trusted trade partner," added Valerio Soldani, Trade Commissioner, Italian Trade Agency in the UAE.

As part of ITA’s mission to promote Italian excellence and strengthen international business ties, JGTD is recognized as one of the official strategic events in the UAE under OpportunItaly, a business acceleration initiative led by ITA and the Italian Ministry of Foreign Affairs and International Cooperation. The programme facilitates digital business matching, sector-focused content, and connections between Italian companies and international buyers, distributors, and entrepreneurs.

Global demand for fine jewellery is projected to surpass USD 340 billion by 2030, driven by emerging markets, investment-oriented buyers, and technological innovations in design and production. The Middle East remains a significant contributor to global gold and diamond jewellery consumption.

Italy’s jewellery industry, employing over 30,000 artisans across hubs such as Vicenza, Arezzo, and Valenza, continues to lead through digital transformation, sustainable sourcing, and traceability systems, maintaining its position as a global benchmark for quality and innovation.

JGTD has emerged as a premier platform for the international jewellery and gemstone industry, drawing top brands, suppliers, and buyers from across the globe. For Italy, the exhibition offers a unique opportunity to strengthen partnerships, highlight cutting-edge innovation, and reaffirm its leadership in fine jewellery design. Visitors will experience the latest in Italian craftsmanship, gemstone processing, and manufacturing technology — a testament to Italy’s enduring influence on the future of global luxury.