Hong Kong Diamond Imports Up
Hong Kong’s polished diamond imports rose 6 percent year on year to $4.398 billion in the second quarter of 2013. Data published by the Diamond Federation of Hong Kong, China indicated that polished exports grew 3 percent to $2.841 billion during the period. Net polished imports, the excess of imports over exports, increased 13 percent to $1.557 billion.
Hong Kong’s rough imports fell 12 percent to $491.48 million, while rough exports grew 29 percent to $692.61 million. Net rough imports, representing imports less exports, declined to a deficit of $201.13 million from a surplus of $26.18 million one year earlier.
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