India’s Diamond Exports Fell by 17% in December 2015

India’s polished diamond exports slouched seventeen % year on year to $1.2 billion in December, consistent with conditional information from the Gem & jewellery Export Promotion Council. By volume, polished exports born five % to one.9 million carats. Polished imports plummeted forty six % to $239 million, leaving net exports 4.6 % lower at $964.3 million.

Rough diamond imports raised a pair of.4 % to $1.47 billion and rough exports fell seven.3 % to $99.6 million, deed web imports 3.2 % higher at $1.37 billion. India’s web diamond account, that is calculated because the distinction between net polished exports and net rough imports, was negative $402.2 million, compared with negative $313.4 million in December 2014.

During the month, Asian nation imported $2.2 million price of rough artificial stones, most of them diamonds. Polished artificial imports, meanwhile, destroyed $11.4 million.