Israel Rough Exports up 229 per cent, Buoyed by UAE Trade

By John Jeffay / August 10, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Israel's diamond trade is bouncing back as global demand recovers, and business booms with UAE following last September's normalization agreement.Rough exports were up 229 per cent year-on-year for January to July, to $1.05bn, according to Ministry of Economy and Industry figures. In July almost 11 per cent of rough exports were to UAE, a market that was officially closed to Israel before the historic Abraham Accords.Israel's polished diamond exports for January to July rose by 69 percent year-on-year, to $2.02bn.Rough imports for the same period were up 158 per cent to $1.15bn and polished imports rose 145 per cent to $1.63bn.Pic shows Israel Diamond Exchange, Ramat Gan

Recent News

Gold stocks rise but lag broader equity gains

January 20, 2025 / www.canadianminingreport.com

Wesdome, Seabridge and Skeena report outstanding drill results

January 20, 2025 / www.canadianminingreport.com

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok