Advanced Search

U.S. Polished Diamond Imports Fall 5% in March

May 8, 2016 10:12 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... U.S. polished diamond imports declined 5.3 percent year on year in March as a drop in average price per carat outweighed flat volume.

Shipments into the U.S. fell to $2.04 billion as the average price decreased 5.3 percent to $1,895 per carat. Diamond imports by weight were little changed at 1.1 million carats.

Polished diamond exports slumped 15 percent to $1.48 billion, driving net imports up 33 percent to $559 million.

Rough diamond imports soared 80 percent to $45 million, while rough exports almost tripled to $26 million, lifting net rough imports up 19 percent to $19 million. The net diamond account, reflecting the difference between net imports and exports, was $435 million compared with $118 million a year ago.

In the first three months of the year, polished diamond imports fell 2.9 percent to $5.56 billion and polished exports fell 4 percent to $4.7 billion, resulting in net polished imports increasing 3.5 percent to $858 million.
Tags: data, imports and exports, polished exports. New York, polished imports, Rapaport News, trade data, u.s.
Similar Articles
BDBIndia’s Polished Exports Edge Up
Mar 18, 2018
India’s polished-diamond exports grew slightly in February, according to data from the nation’s Gem & Jewellery
© 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.