The India–Australia Economic Cooperation and Trade Agreement (ECTA) came into force on 29 December 2022, giving Indian exports zero-duty access across Australia's tariff lines. For gems and jewelry, the results are clear.

The numbers

According to GJEPC, India's gem and jewelry exports to Australia rose 16% to US$374 million in FY2025-26. Within that:

  • Gold jewelry exports rose by more than 28%
  • Silver jewelry by nearly 30%
  • Colored gemstones by almost 36%

GJEPC has also led trade delegations to Australia to build on this momentum, with Indian exhibitors covering natural and laboratory-grown diamonds, gold, silver and contemporary jewelry.

What it means for Australian jewelers

  • Duty-free sourcing of Indian jewelry and loose stones (GST still applies on import)
  • Access to India's deep supply of laboratory-grown diamonds, from melee to certified solitaires
  • Competitive pricing for custom and private-label collections

Read our practical guide for Australian jewelers sourcing duty-free from India.

What it means for Australian shoppers

More choice, better prices and more lab-grown diamond jewelry in local stores.

From Surat to Australia

We supply laboratory-grown diamonds and jewelry to Australia, shipped insured. See our price list or contact us.

Sources: GJEPC Solitaire, GJEPC