Israel's diamond-trading figures for 2007 show substantial increases over 2006, with net polished-diamond exports up 7 percent.

But the percentage of polished-diamond exports to the United States dropped, from 63 percent of the global market in 2006 to 53 percent in 2007.

The United States does remain the largest market for Israel's polished-diamond exports, however, with net polished exports to the nation standing at $3.73 billion in 2007, compared with $1.31 billion to Hong Kong, $562 million to Belgium, $429 million to Switzerland and $109 million to India.

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