India’s polished diamond exports up 9.44 % in January 2021

India’s cut and polished diamond export increased 9.44 per cent registering $1804.83 mn during Jan 2021 as against $1649 mn exported in Jan 2020, according to provisional data released by the Gem & Jewellery Export Promotion Council of India.
During the fiscal year (April ’20-Jan ’21) polished diamond exports recorded $12,492.75 mn from $16, 315.61 mn exported over the same months in FY 2019- 2020, a decrease of 23.43 per cent.
Rough imports increased during Jan 2021 by 64.71 per cent to $1256.9 mn as compared to $763.09 mn imported during Jan 2020. During Apl’ 2020 - Jan 2021, import of rough diamonds showed a decline of 26.54 per cent recording $8022.51 mn from $10,921.34 mn imported during Apl 2019 - Jan 2020.
Polished Lab Grown Diamond (LGDs) exports recorded $72.18 mn in Jan 2021 as against $44.15 mn in Jan 2020, an increase 63.68 per cent. And during the period Apl 2020 - Jan 2021, polished exports of LGDs was $558.71 mn against $356.16 mn exported during Apl 2019 to Jan 2020, an increase of 56.87 per cent. 
Rough Lab Grown diamonds (LGDs) imports in Jan 2021 recorded $86.21 mn against $42.43 mn imported in Jan 2020, an increase of 103.20 percent. During Apl 2020 - Jan 2021, rough LGDs imported registered $452.43 mn against $293.13 mn imported during Apl 2019 - Jan 2020, an increase of 54.34 per cent.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished