Rapaport News


Polished Markets


Advanced search
Latest Articles
Rough Markets
Polished Markets

Belgium’s Polished Diamond Exports Decline

Dec 7, 2016 10:09 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Belgium’s polished diamond exports fell 6 percent to $878.4 million in November, according to the Antwerp World Diamond Centre. By volume, exports jumped 18 percent to 451,287 carats, while the average price dived 20 percent to $1,946 per carat.

Among Belgium’s main trading partners, polished exports to the U.S. declined 7 percent to $237.1 million, while shipments to Hong Kong grew 8 percent to $204 million. Exports to Israel leapt 46 percent to $116.5 million.

Total polished imports into Belgium dropped 10 percent to $695 million during the month. Net polished exports, representing exports minus imports, rose 14 percent to $183.4 million.

Rough imports grew 60 percent to $1.14 billion, while rough exports increased 63 percent to $1.05 billion, mirroring the rise in global rough trading this year. Net rough imports, representing imports minus exports, rose 32 percent to $87 million.

Belgium’s November net diamond account, representing total polished and rough exports minus total imports, edged up 1 percent to $96.3 million.

During the first 11 months of the year, polished exports declined 9 percent to $10.99 billion, while polished imports fell 9 percent to $10.71 billion. Rough imports jumped 10 percent to $11.32 billion, and rough exports increased 12 percent to $11.59 billion.

Belgium’s net diamond account for the year to date grew 49 percent to $550 million.
Tags: Antwerp, AWDC, Belgium, imports and exports, polished trading, Rapaport News, rough trading
Similar Articles
Ethics in Action 150Gem Auction Aims to Raise Awareness of Ethics
Dec 01, 2020
Columbia Gem House will hold an auction of pieces by 25 designers to raise...
Phillips Garners $9M at Hong Kong Auction
Emerald Necklace Goes for $7M at Christie’s
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