Armenia sees strong growth in diamond, jewelry production

Panorama, Armenia
Feb 15 2019
Economy 10:56 15/02/2019 Armenia

Diamond and jewelry production grew strongly in Armenia in 2018, the latest official statistics show.

The country produced a total of 229,396 carats of diamonds last year, up by 12.4% from the previous year, when the output stood at 204,102 carats, Panorama.am learned from the Statistical Committee.

The raw materials for diamond processing in Armenia are imported mainly from Russia, Belgium and Israel.

According to the figures, 2,290 kg of jewelry were manufactured in Armenia in 2018, securing a 18.7% growth from 2017 when some 1,929 kg were produced.