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Antwerp's rough exports up 164% in February


Post Date: 11 Mar 2010    Viewed: 499

Antwerp's rough diamond exports in February soared by 164.3%, compared to the same month last year to 10.8 million carats, according to figures released by the Antwerp World Diamond Center (AWDC).


By value, rough exports rose 162.2% to $904.0 million.


Rough diamond imports rose 182% by value to $781.7 million by value and 150.02% to 10.5 million carats by volume.


Polished exports in February rose 1% to $875.3 million in value and 15.4% to 582,934 carats by volume.


Polished diamond imports rose 21.6% to $662.9 million. By value imports were up 15.3% at 573,146 carats in February.


As for export destinations, the United States posted an 18.9% fall in polished diamonds by value, but a 62.8% jump in volume, indicating a sharp rise in price per carat, AWDC said.


Overall, the US accounted for 11.9% of Belgium's polished diamonds in carat terms, and 29.6% in dollars. Hong Kong was the second-largest importer of Belgian polished stones last month, accounting for 20.5% in carats, and 19.9% in dollar terms.


Israel was the third largest importer of Belgian diamonds, followed by the UAE, Switzerland, India, China, the UK, Italy and France.


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