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Armenia Slashes Cut Diamond Exports 67% In 9 Mths

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  • Armenia Slashes Cut Diamond Exports 67% In 9 Mths

    ARMENIA SLASHES CUT DIAMOND EXPORTS 67% IN 9 MTHS

    Interfax
    Oct 27 2009
    Russia

    Armenia slashed cut diamond exports 67% year-on-year in
    January-September to 60,875 carats, the Customs Service said.

    The exports in value plummeted to $39.082 million, from $109.033
    million a year previously.

    The Customs Service said exports fell due to poor global market trends
    and a drop in demand for diamonds.

    Armenia reduced cut diamond exports 13.2% in 2008 to 212,000 carats.

    From: Emil Lazarian | Ararat NewsPress
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