Advanced Search

India's January Polished Diamond Exports -2%

Synthetic Stone Trading Increases

Feb 18, 2014 10:35 AM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... India’s polished diamond exports declined 2.2 percent year on year to $1.65 billion in January, according to provisional data from the Gem & Jewellery Export Promotion Council (GJEPC). Imports of polished diamonds fell 14.5 percent to $512.2 million, leaving net exports 4.3 percent higher at $1.138 billion.

India's rough diamond imports in January rose 27.4 percent year on year to $1.257 billion, while rough exports fell 28.3 percent to $124.3 million, leaving net imports 39.3 percent higher at $1.133 billion. India's net diamond account, reflecting the difference between net exports and net imports, fell 98 percent to $5 million in January.

Exports of synthetic stones during the month skyrocketed 148 percent to $8.64 million, while imports of finished synthetic stones fell 1 percent to $7.43 million. Rough synthetic stone imports surged 42 percent to  $10.1 million.

Tags: exports, imports, India, Jeff Miller, Synthetic diamonds
Similar Articles
De Grisogono 150High-End Slump Forces Layoffs at De Grisogono
Apr 11, 2018
Swiss-based luxury jeweler De Grisogono plans to cut up to 41 positions after a challenging high-end market resulted in poor sales.
Stuller 150Stuller Buys Welding and Engraving Firm
Jan 09, 2018
Stuller has acquired laser-welder and engraving company B&D Sales Corporation, the Louisiana-based jewelry manufacturer
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.