Who is the largest exporter of diamonds?

In 2020, India was the largest exporter of diamonds worldwide, amounting to a total value of 15.2 billion U.S. dollars. This compared to the 10.5 billion U.S. dollars of diamonds exported by the Hong Kong that year, ranked second.

Who is the largest diamond importer?

India was the world’s largest diamond importing nation in 2020, having imported a 21.3 percent share of all diamond imports worldwide that year, based on value. In second place at that time was the United States, with a 16.7 percent share of global diamond imports.

Where is diamond exported from?

Below are the 15 countries that exported the highest dollar value worth of diamonds during 2020. By value, the listed 15 countries shipped 94.9% of global diamonds exported in 2020.

Rank 1.
Exporter India
Exported Diamonds (US$) $15,213,101,000
2019-20 -30.4%

Which country has most diamond?

Russia and the Botswana hold the world’s largest diamond reserves, totaling 650 million carats and 310 million carats, respectively, as of 2020. Based on production volume, Russia and Australia are the world’s largest producers.

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What country exports the most gems?

United States accounted for the highest value in the export of precious gems and jewelry from India in fiscal year 2021 at over 640 billion Indian rupees.

Does Canada import diamonds?

Most of the diamonds imported into Canada are gem quality, cut and polished stones ready to be made into jewellery. In 2002, they accounted for 92% of Canada’s diamond import trade.

Where does US import diamonds from?

The U.S. imports most of its diamonds (87% in 2013) from just three countries: Belgium, Israel, and India.

Which is the largest diamond mine in the world?

Aikhal located in Sakha (Yakutia), Republic of Russia, is the world’s biggest diamond mine. It comprises various deposits, including the Jubilee Pipe, Aikhal Pipe, Komsomolskaya Pipe, and Zaria Pipe, which together are estimated to contain 175.56 million carats (Mct) of proven and probable reserves as of July 2018.

What countries sell the most diamonds?

Diamond Production By Country 2020

Country Diamonds Produced in Carats
Russia 23,000,000
Botswana 16,000,000
Canada 13,000,000
Angola 8,500,000

Does Russia export diamonds?

In 2020, Russia exported nearly 39 million carats of rough diamonds abroad, marking a decrease in exports compared to the previous year. Over the observed period, the highest export volume was recorded at nearly 46 million carats in 2017.

Which country is rich in gold?

Gold mining production map

Country Tonnes
China 368.3
Russian Federation 331.1
Australia 327.8
United States 190.2

Does India produce diamonds?

India has not been a major diamond-producing country since the 1900s, but diamond mining continues. In 2013, India mined 37,515 carats of diamonds, from one industrial-scale mine and many artisanal mines; this was less than one-tenth of one percent of the world production of 132.9 million carats.

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What is the most expensive diamond in the world?

Topping our list of the most expensive diamonds in the world is the legendary Koh-I-Noor. Weighing in at a massive 105.6ct, the most expensive diamond in the world is oval shaped. Steeped in mystery and legend, the stone is believed to have been mined in India in the 1300s.

Who is the largest exporter of gold?

In 2020, Switzerland’s gold exports amounted to a value of nearly 72 billion U.S. dollars. Switzerland is consistently the world’s leading gold exporting country based on value.

Leading gold exporting countries worldwide in 2020 (in billion U.S. dollars)

Characteristic Exports in billion U.S. dollars

What country is the biggest exporter of petroleum?

Saudi Arabia

Officially known as the Kingdom of Saudi Arabia, the country of Saudi Arabia had long been the world’s number one oil exporter. Formed in 1932, Saudi Arabia was responsible for 12% of global oil exports in 2020.

Who exports crude oil?

Exports In 2019 the top exporters of Crude Petroleum were Saudi Arabia ($145B), Russia ($123B), Iraq ($73.8B), Canada ($67.8B), and United States ($61.9B). Imports In 2019 the top importers of Crude Petroleum were China ($204B), United States ($123B), India ($92.7B), South Korea ($67.4B), and Japan ($64B).