diamond trade
Precious stone business
The diamond trade encompasses the global industry of mining, cutting, polishing, and selling diamonds, both for jewelry and industrial purposes.
This trade has historically been concentrated in a few major centers—Antwerp, Tel Aviv, Mumbai, and New York—where rough stones are transformed into finished gems.
The phrase often carries undertones of controversy, given the industry's associations with conflict diamonds (stones mined in war zones and sold to finance armed conflict), exploitative labor practices, and price manipulation by dominant cartels.
- diamondsPrecious crystallized carbon
- rough stonesUnworked mineral specimens
- De BeersDiamond mining conglomerate
- miningExtracting earth's resources
- kimberliteDiamond's host stone
cutting · conflict diamonds · wholesale markets · Angola · Sierra Leone · Liberia · color grading · gem quality · traceability systems · Kimberley Process · blood · conflict · smuggling ring · synthetic diamonds · human rights advocacy · polishing · broker · appraisal
- Gem Industryjeweler, lapidary, gem cutter, gem show, loose stones
- Luxury Historysilk road, watchmaking, fashion houses, lace making, silversmithing
- DutchDutch, Holland, Amsterdam, Netherlands, Rotterdam
- exportscrude oil, petroleum, natural gas, oil, gas
- IsraelIsrael, Jerusalem, Tel Aviv, Haifa, Hebrew
- trade historycommerce, merchant, traders, colonial economy, trader
diamond tradegrain trade
Commerce in harvested cereals
cotton trade · timber trade · livestock trade · fish trade · oil trade