The level of polished imports to Hong Kong reached $ 19.6 billion in 2014, an increase of 8.5% compared to last year, according to a report released by the Diamond Federation of Hong Kong, China Ltd.
The export of diamonds, including the secondary export of stones, increased by 12.8% to $ 13.74 billion, the publication of Customs Today reported.
In 2014, diamond imports rose by 12.8% year-on-year to $ 2.18 billion. The report also said that diamond exports, including secondary exports, fell 9.2% to $ 2.31 billion, which led to a deficit of net imports of $ 132 million compared to $ 614 million in 2013.
The total diamond account, representing the difference between the volume of imports and exports in Hong Kong, rose by 8.9% in 2014 to $ 5.7 billion, according to the report.