Diamond exports rise in February

Diamond sales are on the recovery
Diamond sales are on the recovery

Botswana’s diamonds trade appears to be making a solid resurgence despite the slow recovery in the global economy and low commodity prices.

In February this year, the country exported P6.35 billion worth of diamonds, indicating a 16.4% increase from P5.45 billion over the corresponding month last year, according to recent data from Statistics Botswana (SB).

More telling, however, is that February diamond exports increased 7.2% or P424.2 million to P6.35 billion from P5.92 billion in January 2017.

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