Advanced Search

Belgium's Polished Exports -13% in June

Jul 6, 2012 8:23 AM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Belgium's polished diamond exports in June fell 12.5 percent year on year to $1.321 billion, according to data released by the Antwerp World Diamond Centre. In terms of volume, exports plunged 23 percent to 637,452 carats. Polished imports were flat at $1.472 billion, therefore,  net polished exports recorded a deficit of $151 million compared with a surplus of $32 million in June 2011.

Rough diamond imports fell 34.8 percent to $925 million while rough exports dropped 33.4 percent to $1.074 billion, leaving a rough deficit of $149 million compared with a deficit of $196 million one year ago. Belgium's net diamond account for June, reflecting the difference between net polished exports and net rough imports, recorded a deficit of $2 million compared with a surplus of $228 million in June 2011.

During the first six months of 2012, Belgium exported $7.016 billion worth of polished diamonds, a drop of 4.5 percent year-on-year, while imports rose 3.7 percent to $7.143 billion. Rough imports fell 7.3 percent to $6.545 billion and exports dropped 9.2 percent to $7.029 billion. Belgium's net diamond account for the first six months fell to $357 million from $1.132 billion one year ago.

Tags: Belgium, diamonds, exports, imports, Jeff Miller, statistics
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© 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.