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Armenia records growth in import and export of diamonds in 1st H 2016

29.07.2016, 19:06
Armenia recorded growth in import and export of diamonds in the first half of this year, Artsvik Minasyan, economy minister, said Friday at a Cabinet meeting.

Armenia records growth in import and export of diamonds in 1st H 2016
YEREVAN, July 29. /ARKA/. Armenia recorded growth in import and export of diamonds, Artsvik Minasyan, economy minister, said Friday at a Cabinet meeting.

“As many as 69 certificates were provided as part of Kimberley process for import of diamonds 114,806 carat diamonds worth $30,236,000, and seven certificates were provided for export of 1496 carats worth $4 million,” he said. 

Minasyan said that these figures showed a year-on-year growth but without indicating the previous year’s data.

According to the National Statistical Service, the country’s diamond output reached 59,119 carats in the first half of this year showing a 2.7-times year-on-tear growth.  

The country’s Customs Service says diamond exports shrank 40.3% from 160,100 carats to 95,500 carats. 

The exported diamonds’ customs cost was $67.4 million in 2015 against $117.8 million in 2014. -0----