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Belgium Sees Rise in Polished Exports

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.

Source: Diamonds.net