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RAPAPORT. Israel’s diamond exports improved in February amid steady jewelry demand in key retail markets and the opening of a trade channel with Dubai, according to government data. Polished shipments out of Israel jumped 24% year on year to $251.6 million for the month, with volume increasing 20% to 122,784 carats, the country’s Ministry of Economy and Industry reported last week. Rough exports rose 21% to $124 million, while volume slipped 9% to 188,317 carats. The ministry attributed the growth to higher demand for studded jewelry in the US and China. As for rough trading, 16% of exports were to the United Arab Emirates (UAE), with which Israel reached a peace deal in August, the government noted. Before that, Israel was unable to ship goods directly to Dubai, an important center for rough tenders. The improvement also came despite a February lockdown in Israel, which affected the availability of flights, the ministry pointed out.

Rapaport united states incRapaport united statesDiamonds netMinistry of economy and industryOphir goreRapaport newsUnited arab emiratesராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க்ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில்வைரங்கள் நிகரஅமைச்சகம் ஆஃப் பொருளாதாரம் மற்றும் தொழில்ஓபிர் கார்ராபபோர்ட் செய்திஒன்றுபட்டது அரபு அமீரகங்கள்