Monday, 11 April 2011

Israeli Diamond Industry Reports Strong in First Quarter 2011

Diamond News : The Israeli diamond industry to be announced increases in exports and imports of both refined and rough diamonds for the first quarter of 2011.

The IDI said net polished diamond exports rise 45.7 percent to reach $2.1 billion, compared to $1.4 billion from January to March 2010. 

Net rough diamond exports for the first quarter increased 39.6 percent to $1.2 billion, it compared to $829 million in the first quarter of 2010.

Net imports of polished diamonds rose 24.9 percent to $1.1 billion, from January to March 2011, compared to $916 million previous year. 

Net rough diamond imports enlarged 48.5 percent to $1.2 billion, compared to $831 million in the first quarter of 2010.

The United States was in charge for 45 percent of total exports, remaining Israel’s largest market. The Net polished exports to the U.S. were $694 million.

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