Israel list of Top 30 exporters for 2005

L.L.D Diamonds has been named the top Israeli exporter of 2005, with Leo Schachter Diamonds Ltd. and Moshe Namdar and Co. Ltd claiming the secons and third position. L.L.D exportied $601 million worth of polished diamonds and Leo Schachter , Moshe Namdar, who separated in mid-2005, exported $418 million and $185 million of polished exports respectively. In 2004, Schachter-Namdar Polishing Works Ltd. (combined Leo Schachter and Moshe Namdar) was named the top second exporter at $431 million.

New companies on the list include Joshua Zilberberg ($38 million) and Novel Collection Ltd. ($37 million). Companies no longer listed on the top 30 export companies include, E.F.D. Diamonds Ltd. (2004 $124 million), Aharon Schwartz & Sons (2004 $95 million), Eliaz Diamonds (2004 $54 million), L.D.Z. Diamonds Ltd. (2004 $35 million), Delta Diamonds Ltd (2004 $32 million), and Eliazarov Reuven & Sons Diamonds Ltd. (2004 $30 million) which recently declared insolvency worth $34 million.

The most notable move was by Yonder Diamonds from 28th to 19th top exporter, an increase of 77% in exports to $53 million. Israel diamond controller, Shmuel Mordechai said that Israel�s total polished diamond exports from the top 30 companies reached $3.1 billion and accounted for 47% of total polished diamond exports during 2005 ($6.7 billion). The list of the top 30 companies does not include eight companies which requested that their financial data not be publicized. Polished diamond exports for the eight companies reached $438 million, comprising 7% of Israel�s net polished exports.