Botswana’s Diamond Exports $594M in July
October 03, 11(IDEX Online News) – Botswana exported $594.3 million worth of polished and rough diamonds in July, shooting up 371.3 percent year-over-year, based on figures released by the Bank of Botswana.
The high exports are a continuation of a trend seen since the start of the year, as demand for diamonds soared compared to the previous year.
Month-over-month, exports have declined by 11.4 percent, though in June exports were unusually high, reaching a record $670.8 million in diamond exports.
In the first seven months of 2011, Botswana exported more than $3 billion worth of diamonds.
Source: Bank of Botswana, Botswana monthly central bank report |