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US Polished Trade Picks Up in January
Mar 15, 2018 7:06 AM
By Rapaport News
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RAPAPORT... Polished-diamond imports to the US grew 3% to $1.81
billion in January, according to government data.
By volume, polished imports slid 4% to 805,320 carats, while
the average price of imports jumped 7% to $2,252 per carat.
US polished exports, meanwhile, jumped 22% to $1.52 billion,
causing net polished imports — the excess of imports over exports —
to slide 44% to $289 million.
Rough exports plummeted 73% to $15 million, while rough
imports slumped 53% to $57 million, meaning net rough imports dropped 35% to
$42 million.
The US net diamond account —
its total rough and polished imports minus total exports — plunged 43% to $331
million.
Image:
Tupungato/Shutterstock
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Tags:
polished imports, polished-diamond imports, Rapaport News, rough exports, US, US net diamond account, US polished exports
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