Dubai’s rough diamond trade grew by nearly a third during the third quarter, with the emirate seeing significant increases in both imports and exports of the precious stones.
The Dubai Diamond Exchange (DDE) said on Wednesday total trade in diamonds in the emirate reached $1.08 billion in the three months to the end of September, up 31% on the same period last year.
Rough diamond imports into Dubai increased 32% year-on-year to $447.6 million, while exports rose 30% on last year to $640.2 million, said DDE.
DDE is a subsidiary of the Dubai Multi Commodities Centre (DMCC).
The Dubai Diamond Exchange (DDE) said on Wednesday total trade in diamonds in the emirate reached $1.08 billion in the three months to the end of September, up 31% on the same period last year.
Rough diamond imports into Dubai increased 32% year-on-year to $447.6 million, while exports rose 30% on last year to $640.2 million, said DDE.
DDE is a subsidiary of the Dubai Multi Commodities Centre (DMCC).
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