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Diamonds.net - India Exports Hit Two-Year High


India Exports Hit Two-Year High
RAPAPORT. India’s polished-diamond exports reached their highest level in more than two years as manufacturers rushed to meet retail demand. April shipments came to $2.25 billion, compared with $35 million during the onset of the coronavirus pandemic a year earlier. The total was also 37% higher than the same period of 2019, according to recent data from the country’s Gem & Jewellery Export Promotion Council (GJEPC).
India Trade Data for April 2021
 
$861/carat
$811/carat
Source: Gem & Jewellery Export Promotion Council; Rapaport archives.
About the data: India, the world’s largest diamond-cutting center, is a net importer of rough and a net exporter of polished. As such, ....

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Diamonds.net - US Polished Imports Stabilize


US Polished Imports Stabilize
RAPAPORT. US polished-diamond imports were flat year on year at $1.43 billion in January, reflecting an easing of the industry’s slowdown that dominated 2020. The month was the first since February 2020 that didn’t feature a notable year-on-year decline, according to Rapaport archives based on data from the US Commerce Department.
US Trade Data for January 2021
 
$1,760/carat
Source: US Commerce Department data; Rapaport archives.
About the data: The US, the world’s largest diamond retail market, is a net importer of polished. As such,
net polished imports representing polished imports minus polished exports will usually be a positive number. ....

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