Who is the largest exporter of gemstones?
The title of the largest exporter of gemstones can vary from year to year and depends on the specific types of gemstones considered. However, a few countries are consistently prominent in the global gemstone trade. These countries often serve as significant sources and exporters of a wide variety of gemstones. Some of the top countries known for their gemstone exports include:
India: India is one of the world’s largest exporters of gemstones, particularly when it comes to cutting and polishing. The country processes a wide range of gemstones, including diamonds, sapphires, emeralds, and many others.
Thailand: Thailand is a major hub for the global gem and jewelry trade and is a significant exporter of various gemstones, including sapphires, rubies, and colored gemstones.
Myanmar (Burma): Myanmar is renowned for its high-quality rubies, sapphires, and jadeite. It exports these gemstones to various countries, contributing to its status as a key player in the gemstone trade.
Sri Lanka (Ceylon): Sri Lanka is famous for its Ceylon sapphires, which are exported worldwide. The country also exports other gemstones such as rubies and topaz.
Brazil: Brazil is known for its production and export of a variety of colored gemstones, including amethyst, tourmaline, and aquamarine.
Zambia: Zambia is a major exporter of emeralds, amethyst, and aquamarine.
Madagascar: Madagascar exports sapphires, rubies, and tourmalines, among other gemstones.
The largest exporter can vary based on the type of gemstone and market demand. Additionally, gemstone trading hubs like Antwerp (Belgium), New York (United States), and Hong Kong (China) play significant roles in the global gemstone trade, where gemstones from various countries are bought, sold, and re-exported to different parts of the world.