US Polished Imports Show Pre-Virus Slump

RAPAPORT... US imports of polished diamonds slid 26% to $2.43 billion in the first two months of 2020, even before the coronavirus had started to have a major impact on the economy. February imports fell 12% to $1.28 billion. The country has seen a continued slowdown in trading: Every month since August 2019 has recorded polished imports of below $1.5 billion (see graph below).US Trade Data for February 2020

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