C&P diamonds exports of India tumbles over 27% YoY

Mar 16, 2024

Dassani Bros 1According to the available February 2024 statistics for Cut & Polished Diamonds exports & import of India say, that the import of Cut & Polished (C&P) diamonds enjoys a higher percentage over exports!

The overall gross export of Cut & Polished (C&P) diamonds at US$ 1707.44 million (Rs. 14162.59 crores) in month of February 2024 is showing a decline of 27.93%(-27.680% in Rs. Term) as compared to US$ 2369.1 million (Rs. 19582.38 crores) for the same period of previous year (YoY).

The overall gross Imports of Cut & Polished diamonds at US$ 130.43 million (Rs. 1082.17 crores) in month of February 2024 is showing a growth of 70.62% (71.39% in Rs. term) as compared to US$ 76.44 million (Rs. 631.41 crores) for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds in DTA at US$ 41.23 million (Rs. 342.1 crores) is showing a Growth of 12.12(12.69% Rs. term) as compared to US$ 36.77(Rs 303.58 crores) for the same period of February 2024

The overall gross Imports of Cut & Polished diamonds in SEZ at US$ 89.2 million (Rs. 740.06 crores) is showing a Growth of 124.86(125.75% Rs. term) as compared to US$ 39.67(Rs 327.83 crores) for the same period of February 2024

Provisional gross export of Polished Lab Grown Diamonds for the period Feb 2024 at US$ 139.09 million (in Rs. 1153.86 crores) shows a growth of 2.90% (3.29% in Rs. term) over the comparative figure of US$ 135.18 million (Rs. 1117.10 crores) for previous year.

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