While, once again, the year just past broke records for polished exports from Israel, it is common knowledge that only a minor part of those diamonds were actually manufactured at home. And this, analysts have pointed out, is not a new phenomenon, but rather one that has developed over time.
Israel remains a major importer of rough diamond rough. But how many of those goods are manufactured locally'? In terms of volume, it would appear that about 18.3 percent of the rough diamonds exported are actually cut in Israeli-based factories, and that tells only part of the sto