Data released by the Gem & Jewellery Export Promotion Council of India (GJEPC) and reported by Rough & Polished show a rise of 3% in exports of cut and polished diamonds in January 2017 to a total of $1.62 billion, compared to January 2016.
In value terms, rough imports during the same period jumped 27.7% to total $990.55 million. In volume, 15.29 million carats of rough were imported during the month, a rise of 24.8% year-on-year. Imports of cut and polished diamonds were down 13.1% to $171.46 million.
From April 2016 to January 2017, exports of cut and polished diamonds were up 12% to $18.50 billion, year-on-year. During the same period, imports of rough diamonds rose by 25.6% to total $13.95 billion.
