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By Arikha, Itzchak
Publication: Israel Diamonds
Date: Sunday, February 1 2004

Dear readers,

As we report in this issue of Israel Diamonds, 2003 proved to be another record year for the Israeli diamond sector. Net exports of polished diamonds stood at $5.33 billion, 5.9 percent more than the $5.23 billion worth that were exported in 2002. Exports of rough diamond rose by 37.8 percent during 2003, with $2.23 billion worth of sales reported, compared to $1.62 billion in 2002. What this means is that the total value of exports of the Israeli diamond sector rose by 10.4 percent in 2003 to stand at $7.56 billion.

The improved sales were lar

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