Wednesday, May 2, 2018

US polished imports fell 3.6% on a year-on-year basis to $ 1.562 billion, while the average value of imported products fell 4.4% to $ 1,661 per carat, Rapaport reports. In June, the return of goods is traditionally registered after the JCK Vegas jewelry fair, and this year, polished exports jumped 12.6% to a record high of $ 2.555 billion.
Among major shopping centers, Israel accounted for the largest amount of exports. In June, the United States imported polished diamonds worth $ 563.5 million from Israel, but polished exports to Israel totaled $ 741.2 million.
Imports of polished diamonds from India in the reporting month totaled $ 510.3 million, while polished exports to India reached $ 527.7 million
American imports and exports of polished diamonds from Belgium were $ 276.5 million and $ 378.5 million, respectively.
Diamonds worth $ 562.8 million were exported to Hong Kong.
As a result of June, the US registered a deficit of polished imports of $ 993 million compared to a deficit of $ 612 million for the same month last year.
US rough diamond imports fell 62.3% in June to $ 20 million, while raw material exports fell 3.6% to $ 27 million. Thus, the diamond import deficit was $ 7 million compared to the excess of imports over exports of $ 26 million million a year earlier.

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