Botswana's Diamond Exports Soar in February

(IDEX Online News) – Botswana's diamond exports surged forward in February for the first time since October 2011. The country's polished and diamond exports of $306.5 million are a 181.2 percent increase over January's exports.

This is also the highest diamond exports level since August 2011, based on figures released by the Bank of Botswana. Year-over-year, February's exports are a 51.6 percent increase.

Botswana is the world's leading diamond producing country by value and has a budding polishing industry as well.

The bank uses data sourced from major exporters, including DTC Botswana, Teemane Manufacturing Co, Leo Schachter Botswana and Statistics Botswana.

Source: Bank of Botswana