The appreciable rise in the value of polished diamond exports and imports witnessed across key trade centres of the world is a positive sign for an industry that was badly hammered by the global recession of 2008-09. The most recent polished export figures from India note a 73 percent increase in May on y-o-y levels; Israel’s polished diamond exports rose 64 percent in May and Belgium’s polished exports rose 39 percent, while U.S. improved imports of polished goods by 71 percent in April. %% This rising trend has been continuous over the consolidated five month period (January – May 2010). Belgium’s respective exports rose 29.3 percent; India’s exports increased 95 percent, Israel’s polished exports rose 82 percent and imports of polished stones in the U.S. increased 73 percent on y-o-y basis ( between January – April 2010). Having managed to come out of the worst downturn the industry has seen in a long time, manufacturers and traders will now be looking forward to matching, if not bettering, the pre-crisis trading levels of 2008 sooner rather than later.

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