Egypt’s jewelry and gemstone exports maintained strong momentum in 2026, reaching around $1.94 billion during the first five months of the year, according to the latest official data from the Export Council for Building Materials, Refractories and Metallurgical Industries.
The figures confirm that jewelry and gemstones remain one of Egypt’s key export sectors, supported by growing production capacity, improved manufacturing quality, and the increasing competitiveness of Egyptian gold products in international markets.
The UAE and Switzerland Lead Importers
The United Arab Emirates and Switzerland accounted for nearly 99% of Egypt’s total jewelry and gemstone exports during the January-May period, reflecting their continued role as major global hubs for gold trading, refining and re-exporting.
The UAE remains the main destination for Egyptian gold jewelry and bullion-related exports, benefiting from its position as a regional center for precious metals trade. Switzerland, meanwhile, is one of the world’s largest gold refining and trading hubs, making it a key market for Egyptian exports.
A Sector Driving Export Growth
The strong performance of jewelry and gemstones comes as Egypt’s building materials, refractories and metallurgical industries continue to record notable export growth, supported by rising external demand and the ability of Egyptian companies to expand into new markets.
Industry observers believe the continued growth in jewelry and gemstone exports reflects the increasing added value of Egypt’s gold industry. Exports are no longer limited to raw gold, but increasingly include higher-value manufactured products, helping boost foreign currency revenues and support the trade balance.
The sector is expected to maintain its momentum during the second half of 2026, supported by sustained regional and international demand for gold, along with the expansion of Egyptian companies in Gulf and European markets.
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