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Belgium's Polished Exports +9% in February
Mar 9, 2015 1:49 PM
By Jeff Miller
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RAPAPORT...
Belgium's polished diamond exports rose 8.7 percent year on year to $1.766 billion in February, according to the Antwerp World Diamond Centre. By volume, exports rose 11.8 percent to 654,143 carats.
Polished imports jumped 10.6 percent to $1 billion, leaving net exports of $766 million -- down from about $820 million one year ago.
Rough diamond imports in February plummeted 23.6 percent to $1.04 billion, while rough exports fell 25.6 percent to $1.057 billion. Net rough imports recorded a deficit of $17 million compared with a deficit of $61 million in February 2014.
Belgium's net diamond account, revealing the difference between net imports and net exports, fell 11.1 percent year on year to
$783 million in February.
Polished exports for the first two months of 2015, fell 1 percent to $2.575 billion, while polished imports fell 3.7 percent to $2.114 billion, leaving net exports up 13.7 percent to $461.1 million.
Rough imports fell 30.7 percent to $1.879 billion and rough exports fell 28.5 percent to $1.906 billion, leaving net imports with a deficit of $26.7 million although it was 61.4 percent improved compared with one year ago. The net diamond account for Belgium rose 4.7 percent year on year to $487.8 million for the first two months of the year.
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Tags:
Belgium, diamonds, exports, imports, Jeff Miller, net, statistics
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