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Leo Schachter Ranks as Israel's Top Exporter in 2011

Jan 15, 2012 8:06 AM   By Avi Krawitz
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RAPAPORT... Leo Schachter Diamonds Ltd. ranked as Israel’s top polished diamond exporter in 2011 unseating Lev Leviev’s L.L.D. Diamonds, which held the position for the previous 10 years.

According to the annual list of Israel’s top 25 diamond exports published by the Ministry of Industry, Trade and Labor, Leo Schachter’s exports increased by 12 percent year on year to $403 million during 2011. The company had ranked in second place for the past few years. 

M.I.D. House of Diamonds Ltd. ranked second on the ministry’s list, up from third position in 2010, as its exports grew 49 percent to $239 million. A.A. Rachminov Diamonds (2000) Ltd. climbed one spot to rank in third place as its exports rose 76 percent to $216 million. E.Z. Diamonds Ltd. ranked fourth with exports up 44 percent to $140 million, followed by Yoshfe Diamonds International Ltd. rounding out the top five after its exports increased 43 percent to $130 million.

The list is not a complete reflection of Israel’s top exporters as it excludes companies that request that their figures not be published. L.L.D. Diamonds was not on the 2011 list. Earlier in January, the ministry reported that Israel’s total exports rose 24 percent to $7.2 billion in 2011. The combined exports of the 25 listed companies amounted to $2.44 billion and accounted for 34 percent of the total. In 2010, they accounted for 36 percent of the total.  

The full list is as follows:

Israel's Top 25 Polished Exporters Jan - Dec 2011 (U.S. $ millions)

2011 Rank

Company Name

2011

2010

% Change

2009

2008

2010 Rank 

1

Leo Schachter Diamonds Ltd.

$403

$359

12%

$215

$352

2

2

M.I.D. House Of Diamonds Ltd.      

$239

$160

49%

$72

$111

3

3

A.A. Rachminov Diamonds (2000) Ltd.

$216

$123

76%

 

 

4

4

E.Z. Diamonds Ltd.

$140

$97

44%

$34

 

5

5

Yoshfe Diamonds International Ltd.

$130

$91

43%

$29

 

6

6

Niru Diamonds Israel (1987) Ltd.

$111

$68

63%

$57

$91

10

7

Arabov Group Ltd.

$102

$70

46%

$34

$56

9

8

Andre Messika Ltd.

$101

 

 

 

 

 

9

Ofer Mizrahi Diamonds Ltd.

$96

$76

26%

$49

$48

7

10

Rosy Blue Sales Ltd.

$85

$67

27%

$35

 

11

11

Segaldiam Ltd.

$69

$45

53%

 

 

16

12

Royal Gem (Israel) Ltd.

$68

$49

39%

$30

 

14

13

Poligem Ltd.

$67

 

 

 

 

 

14

Masingita Ltd.

$65

 

 

 

 

 

15

Rachminov Diamonds (Israel) 1891 Ltd.

$61

 

 

 

 

 

16

S.N. Asia (Israel) Ltd.

$59

 

 

 

 

 

17

Kuperman Brothers Diamonds Ltd.

$57

$50

14%

$42

$57

13

18

O.S.G. Polishing Ltd. 

$50

 

 

 

 

 

19

Beta Diamonds Ltd.

$48

$42

14%

$29

 

18

20

Eran Diamonds - Yehuda Sayag

$47

$44

7%

$31

$37

17

21

Eshed-Diam Ltd.

$47

$32

47%

 

 

22

22

Z.I.P. Diamonds Ltd.

$46

 

 

 

 

 

23

Waldman Diamond Company (W.D.C) Israel Ltd.

$45

$36

25%

$27

$32

20

24

A. Schwartz & Sons Diamonds Ltd

$43

$55

-22%

$61

 

12

25

Annita Diamonds Ltd.

$43

 

 

 

 

 


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Tags: Avi Krawitz, diamonds, Israel, Leo Schachter, Lev Leviev, MID House of Diamonds, Rapaport
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