Botswana exported $594.3 million worth of polished and rough diamonds in July, shooting up 371.3% year-over-year, based on figures released by the Bank of Botswana.
The high exports are a continuation of a trend seen since the start of the year, as demand for diamonds soared compared to the previous year.
Month-over-month, exports have declined by 11.4%, though in June exports were unusually high, reaching a record $670.8 million in diamond exports.
In the first seven months of 2011, Botswana exported more than $3 billion worth of diamonds.
-The Israeli Diamond Industry
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