China’s Polished Imports Rise in 2016


China’s polished diamond imports increased 4.9 percent to
$7.02 billion last year, according to data from the China Customs Information

By weight, polished imports increased 1.2 percent to 7.7
million carats, while the average price rose 3.7 percent to $916 per carat, the
figures showed.

Polished exports fell 11 percent to $1.91 billion, meaning
net polished imports jumped 12 percent to $5.12 billion.

While rough exports increased 11 percent to $30 million, rough
imports slid 13 percent to $666 million, pushing net rough imports down 14
percent to $635 million.

China’s net diamond account, representing total imports
minus total exports, increased 9 percent to $5.75 billion.

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