Russia’s uncut diamond exports up 17 % on year in Jan–Sep 2011

Dec 02, 2011 12:00 AM

Russia’s uncut diamond exports increased 17 % on the year to 35.76 mm carats in January–September, the Finance Ministry said in a report.
In monetary terms, diamond exports rose 38.9 % on the year to $ 3 bn.

Uncut diamond imports surged to 140,740 carats from about 29,000 carats in the same period of 2010, while in monetary terms, diamond imports fell 20.2 % to $ 40.721 mm.
In 2010, Russia’s uncut diamond exports almost tripled to 40.4 mm carats from 14.7 mm carats in 2009, while in monetary terms, diamond exports surged to $ 2.781 bn from $ 1.230 bn.

Diamonds monopoly Alrosa accounts for about 99 % of Russia’s output.

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