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.   

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS