According to preliminary data of the Indian Council for the Promotion of Gem and Jewelery Export Promotion Council (GJEPC), in November 2013, polished exports from India declined by 22% year-on-year to $ 1.104 billion. In terms of volume, exports decreased by 39% and amounted to 1.668 million carats.
Import of polished diamonds grew by 24% and reached 392.04 million dollars within a month. Net exports of diamonds, i. Exports exceeded imports by 36% to $ 712.8 million.
Imports of rough diamonds to India increased by 26% in November to $ 1.139 billion, while exports of rough diamonds decreased by 28% to $ 79.4 million. Net imports of diamonds, or the excess of imports over exports, jumped by 34% and amounted to $ 1,060 billion.
India's net diamond account for November, calculated as the difference between total exports and imports of diamonds and diamonds, fell to a deficit value of $ 347.3 million compared to a profit of $ 313.1 million a year earlier.
According to Rapaport News, Indian polished exports increased 22% to $ 19.383 billion in the first 11 months of 2013 and polished imports by 33% to $ 6.484 billion. Imports of rough diamonds rose 10% to $ 14.652 billion, while their exports - by 16% and reached $ 1.680 billion.