USA is Fertile Ground for Large Diamond Consortia

Diamond supply chain consortia Although diamond is the most in-demand gemstone all over the world, USA is by far the leading market for these brilliant stones. Just last year (2017), global sales from diamond exports by country reached US $118.5 billion , and United States contributed 16% of it. This means that although most of the big diamond reserves are in other continents, the U.S. exported US$19 billion worth of diamonds in one year. The U.S. topped the list of countries that imported the highest dollar worth of diamonds as well, amounting to US$23.2 billion, or 19.8% of the global diamond imports worth US$117.3 billion. It is no wonder that this country also houses five of the largest and most renowned diamantaires, namely Damiani , Harry Winston , Leviev Jewelry , Signet Jewelers , and Tiffany & Co. Their business operations are spread across countries and to understand the exclusivity of these brands, here is a quick overview of these companies: 1. Da...