Polished diamond exports rise 9.5%

Since the beginning of the year, net exports of polished diamonds increased by 7.4%, to $6.7b. in comparison with $6.2b. during the same period last year.

By SHARON WROBEL
December 3, 2007 08:07

 
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Israel exports of polished diamonds rose 9.5 percent to $805 million in November compared with the same month last year, the Industry, Trade and Labor Ministry reported Sunday. Since the beginning of the year, net exports of polished diamonds increased by 7.4%, to $6.7 billion in comparison with $6.2b. during the same period last year. Net exports of rough diamonds through November grew from $2.5b. to $3.1b., an increase of 23.5% as compared to the same months last year. Net imports of rough diamonds increased by 7.5% since the beginning of the year to $4.5b. as compared to $4.2b. last year, while the January to November period saw net imports of polished diamonds rise 12.9% to $3.9b. from $3.5b. last year.

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