Botswana’s Diamond Exports -44% in September

Botswana exported $166.8 million worth of diamonds in September, the Bank of Botswana reported. The amount was 44 percent below levels reported by the bank a year earlier.
However, Rapaport records show that Botswana’s diamond exports for the third quarter rose 62 percent year on year to $1.29 billion, while exports during the first nine months of the year increased 71 percent to $3.87 billion.

The bank’s data is a representative sample of the country’s full diamond trade and is sourced from the Diamond Trading Company Botswana, Leo Schachter Botswana, Teemane Manufacturing Co., and the Central Statistics Office.

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