The global demand for rough diamonds continued to be depressed in Q3 2023. Total diamond exports recorded a decrease of 22.3% in Q3 to P15.2 billion, down from P19.5 billion in Q2. Diamond exports increased for polished and re-exports, while decreasing for Botswana rough exports by 54.8% to P8.71 billion, from P19.27 billion. Polished exports rose by 7.3% to P4.42 billion and by 152.9% for re-exports to P2.04 billion up from minus P3.86 billion, between Q2 and Q3 2023.