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ARMENIAN DIAMONDS GO TO BELGIUM, US, UAE
Vestnik Kavkaza
May 10 2012
Russia
Belgium is the main importer of Armenian diamonds, although certain
diversification occurred in 2011, News.am reports.
According to the Committee of State Expenses of Armenia, 351,000
carats of diamonds worth $113 million were sold in 2011. 476,000
carats worth $92 million were sold in 2010.
Diamonds worth about $70 million were exported to Belgium (62% of
all diamond exports). The US purchased diamonds worth a total of $6
million, Hong Kong's Lori purchased worth $1.8 million.
The United Arab Emirates bought diamonds worth $6 million, increasing
imports fourfold, compared with 2010. Canada increased exports
threefold.
India halved imports of diamonds from Armenia, totaling $2.4 million,
in 2011. Switzerland has minimized imports of Armenian diamonds.
Vestnik Kavkaza
May 10 2012
Russia
Belgium is the main importer of Armenian diamonds, although certain
diversification occurred in 2011, News.am reports.
According to the Committee of State Expenses of Armenia, 351,000
carats of diamonds worth $113 million were sold in 2011. 476,000
carats worth $92 million were sold in 2010.
Diamonds worth about $70 million were exported to Belgium (62% of
all diamond exports). The US purchased diamonds worth a total of $6
million, Hong Kong's Lori purchased worth $1.8 million.
The United Arab Emirates bought diamonds worth $6 million, increasing
imports fourfold, compared with 2010. Canada increased exports
threefold.
India halved imports of diamonds from Armenia, totaling $2.4 million,
in 2011. Switzerland has minimized imports of Armenian diamonds.