The official statistics released by GJEPC shows overall decline in the country’s diamond exports in April 2022. Thus, the export of polished diamonds fetched US$ 2159.64 million against US$ 2221.81 million a year earlier or down 2.8%. The country imported US$ 111.91 million worth of polished goods as compared with US$ 137.32 million in the same period last year producing an 18.5% slump.
Rough diamonds displayed a similar picture, with imports standing at US$ 1310.60 million versus US$ 1698.55 million in the same period one year ago bringing the decline to 22.84%, while gross imports of rough in volume terms came down to 6 031 000 carats compared with 16 313 000 carats during the previous year, which is 63.030% less.
On this backdrop, polished lab-growns were going full steam ahead showing gross export growth of 64.95% in terms of money, standing at US$ 148.13 million over the comparative figure of US$ 89.8 million for previous year.
According to GJEPC, the overall gross exports of gems and jewelry at US$ 3231.65 million in April was showing a decline of 0.82% as compared with US$ 3258.52 million for the same period previous year, while gems and jewelry imports slumped by 9.81% (US$ 1971.79 million in April 2022 vs US$ 2186.27 in April 2021).
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