IDI Organizes First Israeli Diamond Pavilion at Hong Kong June
June 02, 11 by IDEX Online Staff Reporter
(IDEX Online News) - The Israel Diamond Institute (IDI) will present the first Israeli Diamond Pavilion at the June Hong Kong Jewellery & Gem Fair, June 23 – 26.
The pavilion will feature 60 diamond companies, many of whom are participating in this show for the first time. They will join several other Israeli companies exhibiting throughout the show.
The new pavilion is part of Israel's growing focus on the Hong Kong and Mainland China markets.
Hong Kong is Israel’s second largest market for polished diamonds representing 25% of total polished diamond exports in 2010.
In 2010 net exports of polished diamonds to Hong Kong stood at $1.487 billion. In the first quarter of 2011 Israel’s net polished exports to Hong Kong increased 28% to $506 million.