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India’s polished diamond exports flat in June

According to data released by The Gem & Jewellery Export Promotion Council (GJEPC), US$ 1.846 billion worth of cut and polished diamonds were exported from India in June with a 0.38-percent year-on-year decrease.

Gold jewellery exports (studded and plain) for June rose by 27.24 percent to US$ 769.09 million.

Overall exports from the gem and jewellery sector during June 2016 stood at US$ 3.51 billion, a growth of 4.03 percent over the US$3.37 billion exported in the same month the previous year.

Rough imports during the month at US$1.20 billion were down 20.21 percent in value terms from the previous June. In volume terms, 10.83 million carats of rough were imported, a fall of 15.9 percent compared to the same period last year. Imports of cut and polished diamonds rose to US$252.31 million in June 2016 from US$ 239.93 million a year earlier.

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