In the first half of the year, polished exports from Israel showed an increase of 6% on a year-on-year basis and reached $ 3.552 billion, according to data released by the Ministry of Economy. In terms of volume, polished exports fell 7% to 1.335 million carats, while the average price of exported stones jumped 14% to $ 2,661.97 per carat, Rapaport reports.
Israeli polished imports increased 3% to $ 2.153 billion during the reporting period. Net polished exports from Israel (excess of exports over imports) increased 11% to $ 1.399 billion.
According to the Ministry of Economy, rough imports to Israel in the first half of the year increased by 1% to $ 2.053 billion, but the volume of imports fell by 6% to 5.206 million carats. The export of rough diamonds for the period increased by 6% to $ 1.752 billion, while the net import of diamonds fell by 22% to $ 302 million. The
Israeli net diamond account (the difference between total exports and imports of diamonds and diamonds) in the first half increased by 25% $ 1,097 billion