Thailand's gems and jewellery sector, which employs ~800k workers and generated $26.6bn in exports in 2025 (up 44.8% YoY), is urging the government to conclude FTA negotiations with the EU and initiate talks with the US. Key headwinds include US tariffs (now at 12.5% on gemstones), rising gold/silver prices, and labour shortages. Exports are projected to grow >10% this year if no unexpected negative factors emerge. The sector is also promoting the 74th Bangkok Gems & Jewellery Fair (8-12 Sept) to generate orders.