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Diamond braceletGlobal sales from diamonds exported from all countries were worth a total US$65.1 billion in 2025.
Overall, the value of globally exported diamonds retreated by an average -45.3% for all exporting countries since five years earlier in 2021 when global shipments of diamonds were valued at $119 billion.
Year over year, the value of exported diamonds dropped by -23.6% compared to $85.2 billion starting from 2024.
The 5 major exporters of diamonds were India, Hong Kong, United Arab Emirates, United States of America and Belgium. Combined, that quintet of leading exporters generated about three-quarters (74.2%) of international diamond sales in 2025.
Among continents, suppliers in Asia sold $41.3 billion or 63.5% worth of the world’s exported diamonds in 2025. Exporters located in Europe generated 14.9% worth, trailed by North America at another 13.1%.
Smaller percentages of global diamond exports originated from providers in Africa (8.3%), mostly Australia and New Zealand in Oceania (0.1%), and Latin America (0.04%) excluding Mexico but including the Caribbean.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 7102 for unmounted and unset diamonds.
Below are the 15 countries that exported the highest dollar value worth of diamonds during 2025.
- India: US$12.9 billion (19.8% of total diamonds exports)
- Hong Kong: $11.3 billion (17.3%)
- United Arab Emirates: $10.6 billion (16.3%)
- United States: $7.8 billion (12%)
- Belgium: $5.8 billion (8.9%)
- Israel: $4.1 billion (6.3%)
- Botswana: $1.8 billion (2.8%)
- South Africa: $1.7 billion (2.6%)
- Switzerland: $1.22 billion (1.9%)
- Russia: $1.2 billion (1.9%)
- Thailand: $957.6 million (1.5%)
- United Kingdom: $896.5 million (1.4%)
- mainland China: $862.5 million (1.3%)
- Namibia: $816.2 million (1.3%)
- Canada: $705.7 million (1.1%)
By value, the listed 15 countries shipped 96.2% of global exports for diamonds in 2025.
Among the top exporters, the lone growth exporter since 2024 was the United Kingdom via an 18% upturn.
Those countries that posted declines in their exported diamonds sales were led by: Russia (down -44.7% from 2024), United States of America (down -37.4%), Canada (down -34.1%), United Arab Emirates (down -32.5%) and Botswana (down -26.5%).
Searchable List of Diamond Exporting Countries in 2025
Showcased below are the export sales of diamonds from the 100 supplying countries in 2025.
These diamond exporters accounted for all diamonds sold on global markets during 2025.
| 1 | India | $12,860,717,000 | -10.6% |
| 2 | Hong Kong | $11,259,795,000 | -7.6% |
| 3 | United Arab Emirates | $10,588,278,000 | -32.5% |
| 4 | United States | $7,784,078,000 | -37.4% |
| 5 | Belgium | $5,801,832,000 | -17.4% |
| 6 | Israel | $4,114,474,000 | -25.4% |
| 7 | Botswana | $1,838,373,000 | -26.5% |
| 8 | South Africa | $1,675,306,000 | -0.5% |
| 9 | Switzerland | $1,217,277,000 | -12.6% |
| 10 | Russia | $1,204,361,000 | -44.7% |
| 11 | Thailand | $957,632,000 | -20.5% |
| 12 | United Kingdom | $896,514,000 | +18% |
| 13 | mainland China | $862,547,000 | -25.3% |
| 14 | Namibia | $816,224,000 | -22.9% |
| 15 | Canada | $705,731,000 | -34.1% |
| 16 | Angola | $639,210,000 | -58.3% |
| 17 | France | $245,428,000 | -9% |
| 18 | Singapore | $237,241,000 | -32.3% |
| 19 | Italy | $196,554,000 | +15.3% |
| 20 | Lesotho | $162,472,000 | -31.3% |
| 21 | Zimbabwe | $135,280,000 | -38.5% |
| 22 | Sri Lanka | $126,317,000 | -19.9% |
| 23 | Cambodia | $76,139,000 | -14.9% |
| 24 | Vietnam | $73,050,000 | -51.3% |
| 25 | Australia | $58,838,000 | -37.3% |
| 26 | Democratic Republic Congo | $56,609,000 | -37% |
| 27 | Tanzania | $52,910,000 | -0.5% |
| 28 | Germany | $42,370,000 | -10% |
| 29 | Japan | $40,588,000 | -47% |
| 30 | Armenia | $40,006,000 | -91.8% |
| 31 | Netherlands | $33,841,000 | +18.7% |
| 32 | Mexico | $30,905,000 | +2.8% |
| 33 | Malaysia | $23,566,000 | -2.7% |
| 34 | Laos | $22,092,000 | -12.4% |
| 35 | Brazil | $19,067,000 | +64% |
| 36 | Spain | $18,421,000 | +28.6% |
| 37 | Türkiye | $18,255,000 | +21% |
| 38 | Central African Republic | $12,512,000 | -2.8% |
| 39 | Mauritius | $11,758,000 | -42.8% |
| 40 | New Zealand | $11,491,000 | +1470% |
| 41 | Sierra Leone | $10,482,000 | -90.1% |
| 42 | Taiwan | $7,334,000 | -57.5% |
| 43 | South Korea | $7,269,000 | -70.3% |
| 44 | Bahrain | $6,667,000 | +130.8% |
| 45 | Ghana | $5,506,000 | -63.4% |
| 46 | Austria | $4,177,000 | -20.3% |
| 47 | Guyana | $3,965,000 | -45.7% |
| 48 | Saudi Arabia | $3,601,000 | +41.8% |
| 49 | US Minor Outlying Is | $3,341,000 | 0% |
| 50 | Denmark | $3,068,000 | -19.1% |
| 51 | Brunei Darussalam | $2,989,000 | 0% |
| 52 | Guinea | $2,874,000 | -83% |
| 53 | Greece | $2,721,000 | +29.1% |
| 54 | Ireland | $2,453,000 | +16.7% |
| 55 | Qatar | $1,938,000 | -56.8% |
| 56 | Ukraine | $1,825,000 | +314.8% |
| 57 | Macao | $1,449,000 | 0% |
| 58 | Indonesia | $1,357,000 | -31.5% |
| 59 | Cyprus | $1,185,000 | +85.4% |
| 60 | Lebanon | $1,146,000 | -99.4% |
| 61 | Czech Republic | $1,073,000 | +54.8% |
| 62 | Panama | $1,048,000 | +1.8% |
| 63 | Costa Rica | $996,000 | +398% |
| 64 | Nigeria | $931,000 | 0% |
| 65 | Sweden | $871,000 | -67.7% |
| 66 | Finland | $653,000 | +34.4% |
| 67 | Mozambique | $540,000 | 0% |
| 68 | Latvia | $493,000 | +54.1% |
| 69 | Belarus | $300,000 | -99.9% |
| 70 | Norway | $256,000 | -49.8% |
| 71 | Croatia | $202,000 | +23.2% |
| 72 | Poland | $164,000 | -32.8% |
| 73 | Ivory Coast | $161,000 | +265.9% |
| 74 | Congo | $134,000 | +52.3% |
| 75 | Gabon | $127,000 | +30.9% |
| 76 | Barbados | $123,000 | +73.2% |
| 77 | Jordan | $98,000 | 0% |
| 78 | Belize | $97,000 | -23.6% |
| 79 | Oman | $90,000 | -96.7% |
| 80 | Antigua/Barbuda | $81,000 | -13.8% |
| 81 | Uzbekistan | $50,000 | 0% |
| 82 | Malta | $49,000 | +172.2% |
| 83 | Iran | $33,000 | 0% |
| 84 | Jamaica | $31,000 | +24% |
| 85 | Bangladesh | $30,000 | 0% |
| 86 | Marshall Islands | $28,000 | 0% |
| 87 | Kazakhstan | $27,000 | -10% |
| 88 | Kuwait | $18,000 | -76.6% |
| 89 | Aruba | $16,000 | +700% |
| 90 | Liberia | $15,000 | 0% |
| 91 | Estonia | $15,000 | +36.4% |
| 92 | Cameroon | $13,000 | -95% |
| 93 | Lithuania | $12,000 | +1100% |
| 94 | Niger | $12,000 | 0% |
| 95 | Slovenia | $12,000 | +9.1% |
| 96 | Albania | $8,000 | 0% |
| 97 | French Southern/Antarctic Terr | $8,000 | +60% |
| 98 | French Polynesia | $7,000 | 0% |
| 99 | North Macedonia | $6,000 | 0% |
| 100 | Hungary | $5,000 | +150% |
Enlarging the scope to the 100 biggest suppliers, the fastest-growing diamond exporters were New Zealand (up 1,470% from 2024), Lithuania (up 1,100%), Aruba (up 700%), Costa Rica (up 398%), and Ukraine (up 314.8%).
You can change the presentation order by clicking the triangle icon at the top of any of the columns above.
The right-most column records the change in value for exported diamonds from 2024 to 2025. An entry of 0% in that column means that no 2024 data was available.
Countries Earning Biggest Surpluses Trading Diamonds
The following countries posted the highest positive net exports for unset diamonds during 2025. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s diamond exports and its import purchases for that same commodity.
- United Arab Emirates: US$1.8 billion (net export surplus up 75.7% since 2024)
- Israel: $1.5 billion (down -40.5%)
- South Africa: $1.3 billion (up 17.1%)
- Russia: $1.2 billion (down -40.8%)
- Botswana: $785.1 million (down -34.9%)
- Namibia: $702.9 million (down -20.3%)
- Angola: $639.2 million (down -58.3%)
- Belgium: $505.6 million (down -44.4%)
- United States: $249.5 million (reversing a -$2.9 billion deficit)
- Canada: $239.1 million (down -72.3%)
- Lesotho: $162.5 million (down -31.3%)
- Zimbabwe: $133.1 million (down -39.5%)
- Democratic Republic Congo: $56.6 million (down -37%)
- Tanzania: $52.9 million (down -0.5%)
- Sri Lanka: $32.4 million (reversing a -$33.5 million deficit)
The UAE and Israel garnered the highest surpluses in the international trade of unmounted diamonds. In turn, the positive cashflows confirm both countries’ strong competitive advantages in the global diamond trade.
Countries Causing Worst Deficits Trading Diamonds
The following countries posted the highest negative net exports for unset diamonds during 2025. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s diamond import purchases and its exports for that same commodity.
- India: -US$3.9 billion (net export deficit up 13.8% since 2024)
- mainland China: -$2.5 billion (down -11.5%)
- Hong Kong: -$648.1 million (reversing a $117.7 million surplus)
- France: -$537.3 million (down -23.3%)
- Thailand: -$504.1 million (up 50.8%)
- Japan: -$480.9 million (down -8.2%)
- Italy: -$463 million (down -15.9%)
- Switzerland: -$389.1 million (up 16.7%)
- United Kingdom: -$282.5 million (down -3.4%)
- Mexico: -$170.6 million (up 132.2%)
- Türkiye: -$157.4 million (down -2.6%)
- Australia: -$122.9 million (up 16.2%)
- Vietnam: -$122.5 million (up 15.7%)
- Germany: -$108.7 million (up 16.1%)
- Netherlands: -$93.8 million (up 39.6%)
India and mainland China incurred the highest deficits in the international trade of unmounted diamonds. In turn, these negative cashflows highlight both countries’ strong competitive disadvantages for this specific product category. Also revealed are opportunities for diamond-supplying countries that help satisfy the powerful consumer demand.
Diamonds Exporting Companies
Below are companies that dominate the global diamond trade based on Bain & Company’s 2021 Diamond Industry Report. Shown within parenthesis is the country where the company is headquartered.
- De Beers (Luxembourg)
- ALROSA (Russia)
- Rio Tinto Group (United Kingdom)
- Dominion Diamond Corporation (Canada)
- Petra (Jersey)
Israel Diamond Exchange is the world’s biggest diamond trading business.
According to global trade intelligence firm Zepol, the following companies are multinational diamond traders located in the country shown within parentheses.
- Hari Krishna Exports Pvt. Ltd. (India)
- Debswana Diamond Company Ltd. (Botswana)
- Namibia Diamond Trading Company (Namibia)
See also Diamond Imports by Country, Exported Paintings and Drawings by Country, Gold Exports by Country Plus Average Prices and Silver Exports by Country
Research Sources:
Bain & Company, Diamond Industry Report 2021 (p10) . Accessed on May 31, 2026
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on May 31, 2026
International Trade Centre, Trade Map. Accessed on May 31, 2026
Investopedia, Net Exports Definition. Accessed on May 31, 2026
Wikipedia, Diamond Mining Companies. Accessed on May 31, 2026
Zepol’s company summary highlights by HTS code. Accessed on May 31, 2026
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