Polished diamond exports up 15.7%

Israel's rough diamond imports in August fell 57.3% in value to $147m compared with the same period last year.

By SHARON WROBEL
September 5, 2006 09:18

Polished diamond exports in Israel rose 15.7 percent to $523 million in August, while the country imported polished diamonds worth $244m, an increase of 7% over August in 2005, according to data released by Israel's Ministry of Industry, Trade and Labor. Israel's rough diamond imports in August fell 57.3% in value to $147m compared with the same period last year. From the beginning of the year rough diamond imports fell 22.1% mainly because of their high price relative to polished diamonds. Rough diamond exports fell 56.6% in value to $134m.


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