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RAPAPORT... Hong Kong's polished diamond imports increased 9 percent year on year to $18.015 billion in 2013, according to the Diamond Federation of Hong Kong, China Ltd. Trading volume for polished imports rose 5.8 percent to 21.8 million carats. Polished exports (together with re-exports) increased 5.7 percent to $12.154 billion, leaving net imports of $5.861 billion, up from $5.044 billion in 2012. Rough diamond imports to Hong Kong in 2013 increased 13.6 percent year on year to $1.932 billion. Imports by volume surged 75.9 percent to 21.28 million carats. Meanwhile, rough diamond exports jumped 35.2 percent to $2.546 billion, leaving net imports with a deficit of $614 million compared with a deficit of $183 million one year earlier. In all, Hong Kong's net diamond account, representing the value of imports over exports, rose 7.9 percent year on year to $5.247 billion.
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