Japan’s Jewelry, Diamond Imports Lag in November - Rapaport

Japan’s economic recovery has yet to impact the precious metals and jewelry industries as the country’s imports in most of these categories fell in November 2007.

One exception was polished diamond imports, which grew a mere one percent to $75 million for the month. By volume, however, Japanese polished imports fell 7.5 percent to 198,753 carats.

India remained Japan’s biggest supplier of polished as imports from there rose 6.8 percent to $28.6 million in November. Imports from Belgium grew 31.6 percent to $23.5 million, while exports from Israel fell 23.7 percent to $8.1 million.

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