Polished diamond exports fall 23%

Exports of polished diamonds dropped 23.3% to $520 million in March 2007 from last year's levels when diamond polishers exported $678m. worth of the precious stones to dealers around the world.

By MATTHEW KRIEGER
April 4, 2007 06:53

 
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Exports of polished diamonds dropped 23.3% to $520 million in March 2007 from last year's levels when diamond polishers exported $678m. worth of the precious stones to dealers around the world. Additionally, over the first three months of this year, exports of polished diamonds from Israel were down 2.1% from the same period last year. Imports of polished diamonds, on the other hand, rose more than $100m. in March from 2006. Approximately 56% of Israel's diamond exports are shipped to the United States.

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