Diamond production on the rise in Armenia

The volumes of diamond production have significantly grown in Armenia, according to the data release by the country’s National Statistical Service (NSS). The newly released data suggest, 89,352 carats diamonds were produced in January-February 2020, which is 2.1 times increase over the volumes produced during the mentioned period in previous year.

The total production of January-February 2019 amounted to 41,634 karats.

According to NSS data, 195kg of jewelry were produced in Armenia in the reporting period, which is 76.2% more to compare with the last year’s volumes. To note, 110.7kg jewelry were produced in January-February 2019.