Rapaport
POWERED BY Rapaport
  Skip Navigation LinksHome » News » Latest News » News Story

  News Search
Type
 Topic
 RDR Issue
 Keyword
 Author
   [Clear]

USA: Diamond Imports from Africa at $1.5B in '05
By Jeff Miller Posted: 07/19/06 16:03
Submit Comment 
(Rapaport...July 19, 2006) Trade between the continent of Africa and the United State grew 37 percent in 2005 to $61 billion with imports to the United States accounting for the bulk at $50.3 billion.

Diamonds accounted for $1.5 billion of the imports and oil accounted for more than $40 billion, according to the International Monetary Fund (IMF.)

More than 82 percent of sub-Sahara exports to the United States came from four countries which were Nigeria (48 percent - mostly oil,) Angola (17 percent,) and South Africa (12 percent.)

The following list shows major diamond supplier countries to the United States from Africa. The Commerce Department total ($1.115 billion) for 2005 is lower than the IMF and does not reflect fluctuations in currency:
    Angola $58 million

    Botswana $132 million

    Central Africa Republic $4.4 million

    Congo $2.3 million

    Democratic Republic of the Congo $117 million

    Ghana $2.5 million

    Guinea $12 million

    Lesotho $10.6 million

    Morocco $72,000

    Namibia $20 million

    Somalia $2,600

    South Africa $750 million

    Sierra Leone $5 million

    Tanzania $982,000

    Zimbabwe $106,000
  Print  | Submit Comment 
| Email Article | Send Feedback |
Share
Previous Item | Back to List | Next Item  
 
 Related News Items
DEBZIM Denies Zimbabwe Export Claims by Villagers
By: Jeff Miller
Posted: 7/31/2006.  Rated: by 4 readers  
From: "DeBeers" >

 
 
 


© Copyright 1982-2010 by Martin Rapaport. All rights reserved. | Terms of Use | Privacy Policy | Legal Notices
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.