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Macau Diamond Exports Jump 90% In Q1


Post Date: 06 May 2013    Viewed: 380

The special administrative region of Macau boasted a massive increase in its exports of rough and polished diamonds in the first three months of the year, the Israeli government reported, based on Macau's Statistics Service. The Chinese territory's diamond exports and diamond jewelry exports amounted to $31.9 million worth in 2013 Q1, an increase of an astonishing 90%.


During the same period, Macau's export of watches saw an even greater increase. Between January and March, Macau exported $25.3 million worth of watches, a year-over-year increase of an astounding 122%. Altogether, Macau exported $293 million of products, amounted to a more modest but still impressive year-over-year increase of 18%.


The value of the territory's import of gold jewelry reached $244 million during Q1 – a 22% increase - and the value of its import of watches for Q1 stood at $170 million – a rise of 29%.


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