Angola Diamond Revenue $661 Million in H1 2014

(IDEX Online News) – Sales of diamonds from Angola in the first half of the year have risen 18 percent compared to the first half of 2013. Revenue increased to $661 million the chief executive of Endiama, Paul Nvika, reported.

Angola’s diamonds have sold at an average of $155 per carat in the first half of the year.

According to macauhub.com, Angola has collected about $47 million in taxes on its sales.

The website reported that in the first half, diamond production totaled 4.26 million carats, an increase of 4 percent compared to last year.

Angola’s main export destinations are the UAE, Hong Kong Kong and Israel.