News

Belgium’s polished exports rise by 57%

diamond world news service

In March 2010, Belgium saw a rise in polished diamond export and import activities. There was a 57 percent increase in polished diamond exports which amounted to $1.12 billion, and a 59 percent rise in the import of polished goods amounting to $1.14 billion, reports say. This resulted in net polished (export) deficit of $19.5 million, from a deficit of $5.6 million in the previous year, reports add.

Rough diamond imports in the month also increased by a whooping 91 percent to $854 million, and exports soared by 130 percent to $1 billion, reports add. There was a rough import deficit of $155.6 million noted at the end of the month, as compared to $6.1 million worth of net rough import in March 2009. In March 2010, the net diamond account improved to $136.1 million, from a deficit of $11.6 million, in the previous year.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

De Beers Forecasts India’s Diamond Jewellery Market Surge to $17 Billion by 2031

IGI Introduces Light Performance Reports for Round Brilliant Diamonds

De Beers Cuts Prices Amid Diamond Market Challenges

Historic Yellow Diamond Takes Center Stage at Sotheby’s Auction

Pandora Achieves 18% Organic Growth and Raises Revenue Forecast