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The following is a list of countries and territories by diamond exports. Data is for 2012, 2015, 2016 and 2023 in billions of United States dollars, as reported by The Observatory of Economic Complexity and the International Trade Centre. Currently the countries exporting over one billion dollars in 2023 are listed:
Trading of rough diamonds takes place through two channels – De Beers Global Sightholder Sales [71] (GSS) and De Beers Auction Sales. [72] GSS sells about 90% of De Beers's rough diamonds, by value, and features wholly owned and joint venture operations in South Africa (De Beers Sightholder Sales South Africa), Botswana (DTCB), and Namibia ...
Diamonds can be sold already set in jewelry, or sold unset ("loose"). According to the Rio Tinto, in 2002 the diamonds produced and released to the market were valued at US$9 billion as rough diamonds, US$14 billion after being cut and polished, US$28 billion in wholesale diamond jewelry, and US$57 billion in retail sales. [110]
In the wholesale trade of gem diamonds, carat is often used in denominating lots of diamonds for sale. For example, a buyer may place an order for 100 carats (20 g ...
The 24-karat gold bars can indeed be purchased online but they’re only reserved for customers with a Costco membership, which can cost from $60 to $120 a year.
In 2023, sales for wholesale polished diamonds fell 20%. Elissa Sommers, the CEO and head jewelry designer of Los Angeles-based Elissar Couture, said she does not sell lab-grown diamonds in her ...