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Home Business Others U.S. Rough Diamond Imports Revived in March

U.S. Rough Diamond Imports Revived in March

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The U.S. imported $45.1 million worth of rough diamonds in March and exported $20 million worth of goods, leaving it with net imports of $25.1 million. This is a tripling in the level of net imports compared to March 2009 and double the level compared to February of this year.

In terms of volume, gross imports rose 44.5 percent to 47,616 carats, while exports jumped 217.8 percent to 83,427 carats of rough. As many times before, the U.S. somehow succeeded in importing more than it exported in terms of value, but had a negative import level in terms of volume - down by 35,811 carats.
 
The average value of gross imports was a high $946.66 per carat, while exports averaged $239.10 p/c.
 
South Africa was the leading rough supplier, shipping $21.4 million worth of rough at an average value of $1,698.65 p/c. Belgium was the leading destination of exports, $8.2 million at an average of $265.79 p/c.
 
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Editors Column

Hi folks,                                                                                             

 

Journalism and reporting are scaling new heights. Newer technologies is making a lot of difference to the way news, views are reported and shared with all.

 

Despite free speech that many constitutes lawfully allow, there is still a large scale of suppression in some form or the other happening with the full support of the government. Where do you go when the protector becomes the predator? The technology comes to the fore and we have seen a boost in citizen journalism mainly through internet and now phones.

 

Be it a news-site, radio or video journalism, the new news media is here to stay. So let us really pledge to share news and not be afraid of anyone. Come feel free to share information, news, views, etc., of any kind and from anywhere.

 

We strongly believe in freedom of speech and thoughts!

Be free, be heard and be read!

 

- Editor



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