RapNet


Rapaport News

 

Rough Markets

 

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

Botswana's Diamond Exports -61% in July

Diamond exports declined 31 percent ‎to ‎‎$2.28 ‎billion for the first seven months of 2012.
Sep 2, 2012 4:38 AM   By Avi Krawitz
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Botswana’s diamond exports fell 61 percent year on year to $260.4 ‎million ‎in ‎July ‎‎2012, ‎according to data released by the Bank of Botswana. During the ‎first ‎seven ‎months ‎of the year, the ‎country’s diamond exports declined by 31 percent ‎to ‎‎$2.28 ‎billion. However, the bank restated Botswana’s exports for the second quarter to $1.03 ‎billion from $889.5 million previously reported.   ‎  
‎  
Botswana's diamond exports are expected to increase significantly in August after De Beers relocated its sorting activities from London to Gaborone during the month.

The bank’s data is a representative sample of the country's full diamond ‎trade ‎and ‎is ‎sourced ‎from the Diamond Trading Company Botswana, ‎Leo ‎Schachter ‎Botswana, ‎Teemane ‎Manufacturing Co. and the Central Statistics Office.‎
Tags: Avi Krawitz, Botswana, De Beers, Diamond Trading Company, diamonds, DTC, Leo Schachter Botswana,, Rapaport, Teemane Manufacturing Co.
Similar Articles
Ian Rowe DDI DPDDI Appoints Ian Rowe as Executive Director
Aug 19, 2019
The Diamond Development Initiative (DDI) has promoted IanRowe to executive...
De Beers Lets Clients Reject 50% of Goods
Who’s Buying the Rough in 2019?
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