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Israel reported robust diamond trade in the first quarter of 2022 on the back of sustained demand amid macroeconomic and geopolitical challenges.
Citing data from the Economy and Trade Ministry’s Diamond Controller, the Israel Diamond Institute (IDI) said rough diamond imports reached US$494 million in Q1 2022, up 4 per cent from the same period last year. In March alone, imports rose 3 per cent from 2021 levels. Q1 rough diamond exports reached US$526 million, an increase of 35 per cent from 2021 figures. March exports were 11 per cent higher from last year.
Polished diamond imports hit US$942 million, up 45...
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