Coronavirus Halves Antwerp Exports

By John Jeffay / August 24, 2020 / www.idexonline.com / Article Link

(IDEX Online) - Antwerp's exports of both rough and polished diamonds were down over 50 per cent by dollar value in the first half of 2020.Imports were also severely dented by the coronavirus pandemic, according to new figures released by the Antwerp World Diamond Center (AWDC).However exports have been recovering steadily since hitting rock bottom in April.Rough exports from January to July of this year totaled $3.07bn, down 54.9 per cent, year-on-year. Polished exports were $2.55bn, down 55.4 per cent.Rough imports were $3.03bn, down 55.6 per cent, and polished imports fell 36.2 per cent to $3.12 bn.Antwerp's total exports to the USA, its biggest customer, were $883m, down 52.4 per cent. Exports to second-place Hong Kong, suffered the biggest fall, down 61.2 per cent to $648m.Pic shows Antwerp

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok