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Leo Schachter Diamonds is Israel’s top polished diamond exporter in 2011
Israel publishes its annual list of top 25 polished diamond exporters for 2011
By: Diamond World News Service
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Jan 24 2012 4:19PM
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Reference: 6665  

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Sharing about 33 percent of Israel’s net total polished exports in 2011 are 25 companies which the Israel Diamond Controller’s Office in the Ministry of Industry, Trade and Labor has designated as the country’s 25 largest polished diamond exporters in the year. The names do not include 12 companies who chose not to publish their export figures and who account for $1.27 billion or 17.3 percent of Israel’s net polished exports in 2011.

Topping the list of 25 companies was Leo Schachter Diamonds, with a net $403 million in 2011. Second in rank was M.I.D. House of Diamonds with $239 million, followed by A.A. Rachminov Diamonds with $216 million, E.Z.Diamonds Ltd. stood in fifth place with $140 million, followed by Yosfe Diamonds International with $130 million in net exports.

Niru Diamonds took sixth place with $111 million, followed by Arabov Group Ltd. with $102 million, followed by Andre Messika with $101 million. Ofer Mizrachi Diamonds Ltd. stood in the ninth rank $96 million, while Rosy Blue Sales took the 10th rank with $85 million in net polished exports.

the year 2011 was the first time in 11 years that Lev Leviev Diamonds, which requested not to be included on the list, has not led the ranking.

The total net exports of the 25 largest companies in 2011 stood at $2.44 billion. Israel’s total net polished exports was worth $7.2 billion in 2011. The total sum of polished exports of the top 37 companies (including those who asked not to be included) equaled $3.69 billion, or 51.2 percent of Israel’s net polished exports for 2011.

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