Israel’s H1 Rough Diamond Exports +104% in Value

Israel exported a net of $314.5 million worth of rough diamonds during the month, an increase of 48.1 percent year-over-year by value. By volume, net rough exports totaled 1,778,282.38 carats, a 17 percent increase.

For the first six months of the year, net exports totaled $1.624 billion. By volume, exports reached 10,315,356.22 carats. This was a 104 percent increase by value and a 74.9 percent increase by volume.

Net rough diamond imports for June increased 41.9 percent to $356 million. By volume, however, imports only rose 13.9 percent.

During the first half of the year, Israel imported $1.8 billion worth of rough diamonds. In terms of volume, this represents a substantial 90.5 percent rise over 2009’s import tally.