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U.S. Polished Diamond Imports -23% in September
Nov 9, 2015 4:37 AM
By Rapaport News
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RAPAPORT... U.S. polished diamond imports fell 23 percent year on year
to $1.6 billion in September, the second-lowest monthly figure so far this
year. Diamond imports by weight fell 19 percent to 923,229 carats, at an
average price of $1,774 per carat. Polished diamond exports, meanwhile, fell 17
percent to $1.5 billion, driving net imports down 37 percent to $178.1 million.
In August, imports were $1.6 billion.
Rough diamond exports soared 199 percent to $14.9 million,
while rough imports increased 16 percent in September to $34.8 million, leaving net rough
imports down 21 percent at $19.9 million. The net diamond account, reflecting
the difference between net imports and exports, dropped 50 percent to $398.8 million.
During the first nine months of the year, polished diamond
imports fell 2 percent year on year to $17.7 billion and polished exports fell
12 percent to $14.4 billion, resulting in net imports increasing 101 percent to
$3.3 billion.
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Tags:
imports and exports, polished, Rapaport News, u.s.
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