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Belgium’s September Polished Exports Fall 12%
Oct 13, 2015 6:29 AM
By Rapaport News
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RAPAPORT... Belgium’s polished diamond
exports fell 12 percent year on year to $1.39 billion in September, according to the Antwerp World Diamond Centre. By
volume, polished imports decreased 14 percent to 610,853 carats,
while the average price increased 2 percent to $2,193 per carat.
Total polished imports to Belgium
were also down 12 percent to $1.34 billion during the month as net polished
exports, representing exports minus imports, fell 4 percent to positive $47.6 million.
Among Belgium’s main trading
partners, polished exports to the U.S. fell 8 percent and to Hong Kong slipped 1
percent, while exports to Switzerland dropped 4 percent.
Rough imports decreased 35
percent to $870.4 million and rough exports fell 38 percent to $884.5 million. Net rough imports, representing imports minus exports, increased
81 percent to negative $14.06 million during the month.
Belgium’s net diamond account,
representing total polished and rough imports less total exports, decreased 51
percent to reduce the deficit to $61.7 million.
During the first nine months of
the year, polished exports decreased 7 percent to $10.22 million, while
polished imports fell 6 percent to $10.18 billion. Rough imports fell 25 percent
to $8.61 billion and rough exports dropped 27 percent to $8.74 billion.
Belgium’s net diamond account for
the year to date went from a $10.27 billion deficit to a $167.11 million
surplus.
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Tags:
Belgium, exports, imports, Rapaport News, statistics
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