Botswana's Diamond Exports +52% in August

Botswana exported $529.6 million worth of diamonds in August 2011, the Bank of Botswana reported. The amount was 52 percent higher than the exports reported in August 2010, Rapaport News records show.

Exports during the first eight months of the year increased 88 percent to $3.7 billion. The bank’s data is a representative sample of the country's full diamond trade and is sourced from the Diamond Trading Company Botswana, Leo Schachter Botswana, Teemane Manufacturing Co., and the Central Statistics Office.

-Rapaport