RapNet


Rapaport News

 

Polished Markets

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Belgium Sees Jump in Polished Exports

Shipments increase 6% in October.
Nov 8, 2017 9:04 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Belgium’s polished-diamond exports grew in October, according to data the Antwerp World Diamond Centre (AWDC) released this week.

Polished exports for the month increased 6% year on year to $817.9 million. By volume, orders declined 4% to 406,065 carats, with the average price jumping 10% to $2,014 per carat.

Polished imports dropped 1% to $787.3 million, meaning net polished exports — the balance of exports minus imports — stood at $30.6 million, compared with negative $20.8 million a year ago.

Rough imports increased 1% to $904.3 million, while rough exports rose 15% to $830.2 million. Net rough imports, calculated as imports minus exports, decreased 58% to $74.1 million.

The nation’s net diamond account — a calculation of total exports of rough and polished minus total imports, measuring the added value of Belgium’s diamond industry during the period — stood at negative $43.5 million, an improvement over last year’s figure of negative $197.2 million.

Over the first 10 months of the year, polished exports dropped 6% to $9.5 billion, while rough imports slid 12% to $8.98 billion.

Image: The Port House, Antwerp
Tags: Antwerp World Diamond Centre, AWDC, Belgium, exports, imports, net diamond account, net polished exports, polished exports, polished imports, Rapaport News
Similar Articles
Diamond Trade with LoupeDiamond Trade Cautious Ahead of Holiday Season
Oct 07, 2019
RAPAPORT PRESS RELEASE, October 7, 2019, Las Vegas…Diamond market sentiment...
Rio Tinto Unveils $1.1M Argyle Jewels
Phillips to Offer Rare Van Cleef Zip Necklace
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us