News

Advanced Search

Botswana's Diamond Exports -61% in July

Sep 2, 2012 4:38 AM   By Avi Krawitz
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Botswana’s diamond exports fell 61 percent year on year to $260.4 ‎million ‎in ‎July ‎‎2012, ‎according to data released by the Bank of Botswana. During the ‎first ‎seven ‎months ‎of the year, the ‎country’s diamond exports declined by 31 percent ‎to ‎‎$2.28 ‎billion. However, the bank restated Botswana’s exports for the second quarter to $1.03 ‎billion from $889.5 million previously reported.   ‎  
‎  
Botswana's diamond exports are expected to increase significantly in August after De Beers relocated its sorting activities from London to Gaborone during the month.

The bank’s data is a representative sample of the country's full diamond ‎trade ‎and ‎is ‎sourced ‎from the Diamond Trading Company Botswana, ‎Leo ‎Schachter ‎Botswana, ‎Teemane ‎Manufacturing Co. and the Central Statistics Office.‎
Tags: Avi Krawitz, Botswana, De Beers, Diamond Trading Company, diamonds, DTC, Leo Schachter Botswana,, Rapaport, Teemane Manufacturing Co.
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
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.