News

Advanced Search

Belgium's Polished Diamond Exports -12% in August

Sep 9, 2014 9:59 AM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Belgium's polished diamond exports fell 11.7 percent year on year to $484 million in August, according to data provided by the Antwerp World Diamond Centre. Polished diamond imports fell 7 percent to $833 million, leaving net exports with a deficit of $349 million -- nearly identical to the deficit one year earlier.

Belgium's rough diamond imports in August rose 29.9 percent to $1.094 billion and rough diamond exports jumped 35.9 percent to $675 million. Net rough diamond imports rose 21 percent to $419 million and the net diamond account in August, reflecting the difference between net imports and exports, recorded a deficit of $768 million, up 10.8 percent from one year ago.

During the first eight months of the year, Belgium's polished diamond exports rose 5 percent to $9.433 billion, while polished imports rose 5 percent to $9.26 billion, leaving net exports down 11.7 percent year on year to $173 million. Rough diamond imports increased 14.7 percent to $10.179 billion and rough exports rose 10.4 percent to $10.614 billion, leaving net imports with a deficit of $435 million, down from a deficit of $755 million one year earlier.  Belgium's net diamond account for the January through August period contracted 36 percent year on year to $608 million.

Tags: Belgium, deficit, diamonds, exports, imports, Jeff Miller, trade
Similar Articles
Rapaport TradeWire June 13, 2019
Jun 13, 2019
Industry Retail Mining General Finance June 13, 2019 RAPAPORT MARKET COMMENT Disappointing Las Vegas
Rapaport TradeWire June 6, 2019
Jun 06, 2019
Industry Retail Mining General Finance June 6, 2019 RAPAPORT MARKET COMMENT Slow trading at JCK show
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 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.