India’s polished diamond exports up 11% in September

In September 2013, polished diamond exports from India stood at $1.684 billion, rising 11 percent (on y-o-y basis), but fell 1 percent in volume terms to 3.023 million carats, reports say. The imports of polished diamonds were worth $606 million, rising by more than twice September 2012. The country’s net ‎polished exports, (valued as excess of exports over imports) dropped 13 percent to $1.078 ‎billion, reports say.

In the month, imports of rough diamonds slipped 6 percent to $1.282 billion and exports of rough diamonds dropped 22 percent to $124 million.

The net rough imports dropped 4 percent to $1.158 billion.‎ The month’s net diamond account valued as total of polished and ‎rough exports less total imports, slipped into a deficit of $80.31 million, which stood in surplus worth $34.2 million in September 2012, reports add. ‎