India Polished Diamond Exports Surge Higher in February

(IDEX Online News) – India's polished diamond exports in February rose 16.1 percent on the year to $2.16 billion, the Gem & Jewellery Export Promotion Council (GJEPC) reported.

In the April to February tax year so far, polished exports have risen 20.5 percent to almost $18.15 billion.

In imports of polished goods, there was a 19.8-percent rise to $564.5 million in February, and an increase of 31.8 percent to $5.84 billion in April to December.

As for rough diamond imports, they jumped by 11.8 percent on the year to $1.49 billion in February, and in the April-February period they rose by 13.6 percent to $15.33 billion.

Exports of rough diamonds dropped by 34.1 percent to $112.6 million in February, while for April-February rough exports increased by 1.5 percent to $1.40 billion.

Exports of synthetic stones in February were $11.0 million, and $72.0 million in April to February.

Imports of synthetic stones in February came to $3.95 million, and $72.6 million in April-February.