Antwerp, Belgium is widely recognized as the diamond capital of the world.
Antwerp boasts a rich history of diamond trading, dating back centuries. The city's strategic location in Europe, coupled with its skilled artisans and robust infrastructure, has cemented its position as a global hub for the diamond industry.
Here's what makes Antwerp so famous for diamonds:
- Diamond Cutting and Polishing Expertise: Antwerp is home to some of the world's finest diamond cutters and polishers, renowned for their precision and artistry.
- Global Diamond Trading Center: The city hosts the Antwerp World Diamond Centre (AWDC), a leading diamond bourse that facilitates trade between buyers and sellers from across the globe.
- Secure and Reliable Trading Environment: Antwerp has a strong legal framework and a well-established diamond industry with strict regulations, ensuring transparency and trust in transactions.
- Significant Diamond Market Share: Antwerp handles a substantial portion of the world's diamond trade, with a significant market share in rough and polished diamonds.
While Antwerp is considered the diamond capital, other cities like New York City, Mumbai, and Dubai also play vital roles in the global diamond trade.
