Monday, 20 October 2025

Antwerp’s Polished Trade Rebounds after Tariff Anxiety

brilliant cut diamonds

Antwerp’s polished diamond exports rebounded in September to a 2025 high, after tariff anxiety crushed foreign sales in August.

Gross exports for September were $795m, according to new figures published by AWDC (Antwerp World Diamond Centre).

That’s more than three times the previous month, with August exports at just $229m, and higher than the previous 2025 peak of $783m in February.

Figure for both months were still down on those of 2024: September $937m and August $288m.

Polished imports also increased, up from $310m in August 2025 to $828m in September, but were still below 2024 levels.

The US imposed a 15 per cent tariff on diamonds entering Belgium and all other European Union countries, as of 1 September.

It later agreed an exemption, zero-rating diamonds polished in the EU. Stones polished elsewhere are still subject to tariffs.

Antwerp’s rough exports also rebounded in September, up from $155m in August to $366m, but rough imports remained largely stable.

Source: DCLA

No comments:

Post a Comment

World Diamond Day: The Most Valuable Diamonds Ever Sold at Auction

In recognition of World Diamond Day, we reflect on some of the most extraordinary diamonds ever offered at auction stones that not only achi...