Armenia Polished Diamond Exports Back Up

Armenian exports of polished diamonds soared 81% on the year in January-May of this year, according to the country’s National Statistic Service. The country produced 39,589 carats of polished goods in the first five months of this year, compared with 21,878 carats last year.

Armenia produced 7,247 carats of polished diamonds in May, Armenpress reported without giving the year-earlier figure. For all of 2012, Armenia’s polished diamond output was 135,900 carats.

The figure was a welcome improvement over the country's statistics in the first three months of the year alone. During that period, 29,000 carats were harvested in the country, which the Armenian Customs Service noted was a 55% year-over-year decrease.

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