Advanced Search

U.S. Polished Diamond Imports +4% in August

Oct 8, 2015 1:27 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... U.S. polished diamond imports increased 3.9 percent year on year to $1.62 billion in August. The average price for polished goods rose 5.3 percent to $1,861 per carat, according to Commerce Department data released on October 6.

Polished exports fell 16 percent to $1.34 billion, resulting in a surplus of $281.6 million compared with a deficit of $33 million in August 2014.

Rough diamond imports more than doubled in August to $43 million, while rough exports rose 16 percent to $31.7 million, leaving net rough imports at $11.3 million compared with $7.8 million last year. The net diamond account shows imports exceeded exports by $292 million compared with last year’s $41.7 million deficit.

During the first eight months of the year, polished diamond imports rose 1 percent compared to the same period in 2014 to $16 billion and polished exports fell 12 percent to $12.9 billion.
Tags: Department of Commerce, exports-imports, foreign trade, Rapaport News
Similar Articles
© Copyright 1978-2021 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.