Sri Lanka"s ruby market remains a vital segment of its gemstone industry, characterized by significant export activities. In 2024, the country reported substantial ruby exports, with a total of 1,644,325 carats valued at approximately $98. 3 million. This robust export volume underscores the prominent role Sri Lanka plays as a global supplier of high-quality rubies. The import side showcases a contrasting picture, with 84,466 carats of rubies, sapphires, and emeralds further worked imported at a value of around $12. 9 million. This indicates a dynamic trade environment where both import and export activities are thriving, likely driven by a demand for both raw and processed gemstones. Additionally, the re-export figures, albeit smaller at 2,139 carats valued at $163,883, suggest Sri Lanka"s strategic position in the gemstone re-export market.

Looking at unworked precious or semi-precious stones, Sri Lanka imported 23,253. 558 kg valued at $2. 1 million, with domestic exports at 223. 511 kg, equating to approximately $705,188. This disparity highlights the country"s capacity to add value to raw gemstones, transforming them into highly sought-after exports. The pricing trends in 2024 reflect a competitive international market, with high export values indicative of the premium quality of Sri Lankan rubies. This is further evidenced by the domestic export figures, which closely align with the broader export data, suggesting a consistent pricing strategy across markets. For businesses looking to engage with Sri Lanka"s ruby market, Aritral offers a sophisticated platform to streamline international trade.

With tools for product listing, direct communication, and AI-powered marketing, Aritral assists in managing profiles and expanding global sales, making it an invaluable resource for connecting with trusted suppliers in Sri Lanka"s gemstone sector. "