Israel’s polished exports rose 57 percent year on year to $713.8 million in July 2011, according to data published by the Central Bureau of Statistics (CBS). Rough exports grew 45 percent to $351.3 million.

CBS reported that total diamond imports, including rough and polished, jumped 83 percent to $1.15 billion. The bureau does not provide separate rough and polished import data. Israel’s net diamond account, representing total exports of rough and polished less total imports, fell to a deficit of $80.6 million, compared to a net account of $71.7 million a year earlier.

For the first seven months of the year, Israel’s polished exports rose 37 percent to $4.77 billion while rough exports grew 40 percent to $2.62 billion. Total imports increased 49 percent to $6.45 billion.

Israel’s net diamond account for the seven months grew 7 percent to $940.5 million.