Israel’s gross diamond exports have crashed by a staggering 45 percent since the 2014 massacre in Gaza that resulted in the death of over 2,200 people, mainly civilians including over 550 children. The net value of Israel’s diamond exports has fallen even further, by 60 percent from $11.25 billion to $4.4 billion over the period. This is about the
Is BDS Behind Israel’s Staggering Decline in Diamond Exports
The Israeli diamond exchange initially blamed the decline on weak global demand and more recently on globalization but the sudden steep decline shows that’s plainly not the case.