Interfax, Russia
May 3 2011
Armenia diamond exports fall 37% in Q1
YEREVAN. May 3
The export of cut diamonds from Armenia dropped 37% year-on-year to
65,000 carats in the first quarter, the country’s customs service
reported.
The customs value of the exported diamonds contracted 13.4% to $17.526
million from $20.243 million in Q1 last year.
Armenia imported 106,000 carats of raw diamonds (down 39.8%) for
$24.262 million (down 13.2%).
Virtually all the cut diamonds produced in Armenia are exported to the
United States and Europe.
Cf
From: A. Papazian
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