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India’s polished diamond exports drop 39%
Imports of rough diamonds rise 44%
By: Diamond World News Service
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Oct 13 2012 2:01PM
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Reference: 7322  

DecreaseIncrease

For India, its polished diamond exports in September 2012 dropped 39 percent (on y-o-y basis) to $1.507 billion. There was a sharp 72 percent fall in the polished diamond imports which valued $371 million. Net polished exports stood flat at $1.136 billion.

Exports of rough diamonds dropped 1 percent to $157.8 million. Imports of rough diamonds rose 44 percent to $1.349 billion. The country’s net rough imports rose 51 percent to $1.191 billion in the said month.

The country’s net diamond account (valued as total exports less imports), dropped to a deficit of $55 million.

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