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Belgium Rough Diamond Imports Exceed Exports by 40%

September 17, 08 by Edahn Golan

Belgium’s rough diamond imports in August far surpassed exports. The country imported 9.52 million carats at a total value of $937.31 million, representing a 38 percent higher amount and 41 percent higher value than exports of 6.88 million carats to the tune of $664.59 million.

 

The average value of imports to the trading centers stood at $ 98.51 per carat while exports averaged $96.67 p/c. The figures include both gem and industrial grade rough diamonds.

 

Month over month, exports have declined 17.55 percent in value and 31.92 percent in volume. Imports in August declined 13.42 percent in volume but rose 8.96 percent in value.

 

Year to date, trade increased in value, while declining in volume. Exports rose 7.15 percent in value, and declined 9.18 percent in volume, while imports for the January - August period rose 17.34 percent in value and dropped 9.69 percent in volume.

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