List Of Top 20 Israeli Exporters In 2013
The Diamond Authority of the Economy Ministry published its list of the top Israeli exporters in 2013. This year the list included twenty diamond companies.
Like last year, the top three positions were held by diamond companies, which all registered increases in sales. Leo Schachter Diamonds takes the top spot on the list with a slight increase of 3.5% in exports to $328 million in 2013, from $317 million in 2012. MID House of Diamonds took the second spot, also increasing its sales by 3.8% from $238 million in 2012 to $247 million in 2013. In third place is A.A. Rachminov Diamonds had an impressive increase of 16.7% from $180 million in 2012 to $210 million in 2013.
The firm that more than doubled its exports year over year was D.N. Diamonds 2007 Ltd. In 2012 it exported $41 million, and in 2013 it exported $94 million, an increase of 130%.
Nisim Zuarets, the owner of DN Diamonds, said, “This year we invested much in marketing to all of Asia, which included opening an office in Hong Kong, and we also increased our trade with European countries. We participated in more jewellery exhibitions this year and we increased the size of our pavilion at every show. We increased the variety of our merchandise and today we are known as a firm that deals with high quality merchandise, cutting and cleaning of stones from 1 to 30 carats. We try to keep our hand on the pulse of the industry and to always be attentive to our customers and suppliers.”
Out of the top twenty, most firms registered an increase in exports. Only four firms saw a decrease: Niru Diamonds dropped by 7%, Poligem dropped by 25%, Rachminov Diamonds dropped by 16%, and Eran Diamonds-Yehuda Sayag dropped by 11%. Shlomo Bichaci Diamonds showed no change from the 2012 figures, which stood at $40 million.
Two firms that weren’t on the 2012 list but did appear in 2011 have made a reappearance in 2013. Kuperman Brothers Diamonds saw an increase of 12.3% with $64 million in exports in 2013, compared to $57 million in 2011. The Segaldiam firm saw a major drop of $53.6% in exports, dropping from $69 million in 2011 to $32 million in 2013. The Diamond Authority noted that the list does not include firms that did not wish their figures to be public knowledge.