Diamonds
Dubai's diamond gateway
Certified for security, quality and responsible stewardship
Diamonds have long played an illustrious role in Dubai's heritage as a gateway for global trade. Today DMCC is committed to setting the standard for the secure diamond trading in line with the highest quality standards. Our investments in world-class infrastructure and services include the government-backed Dubai Diamond Exchange (DDE), DDE Vault and commitment to the Kimberley Process.
Trade through the DDE has rapidly expanded by building on strong connections with producers in Africa, cutting centres in Asia and consumers in Europe, the US and China. Consequently, our members and global trading partners can trade with complete confidence while accessing new markets.
Latest news
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Kimberley Process
Safeguarding lives worldwide by stemming the trade in conflict diamonds
Following a landmark United Nations resolution, the Kimberley Process was set up to unite global administrations, civil societies and industry in reducing the worldwide flow of conflict diamonds – rough diamonds that have been used to finance wars and violence against legitimate governments.
The UAE was the first Arab country to introduce this process, and DMCC provides the only legitimate entry and exit point for rough diamonds in the country.
What the KP does
To prevent illegitimate diamonds from entering the legitimate diamond trade, the Kimberley Process requires all its members to clearly certify that shipments of rough diamonds are conflict free. With this certification, consumers can be assured that the diamonds they purchase have not been used to finance war or abuse of human rights.
Become a KP member
The Kimberley Process is implemented in the UAE by the Ministry of Economy who authorised DMCC to manage the country’s only entry and exit point. To ensure compliance with the requirements, we maintain strict requirements regarding the provision of mandatory documentation from each member of our rough diamond trading community.
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Diamonds in numbers
See the latest diamond statistics
Table 2.1 Import of polished diamonds
Volume in carats (millions) and value in USD (billions)
| Year | Volume | Value |
| 2012 | 52.61 | 7.26 |
| 2013 | 69.63 | 8.92 |
| 2014 | 56.04 | 6.45 |
| 2015 | 55.08 | 6.57 |
| 2016 | 56.48 | 6.42 |
| 2017 | 54.83 | 6.72 |
| 2018 H1 | 16.04 | 1.80 |
Source: Dubai Customs
The data has not been validated
Table 2.2 Export of polished diamonds
Volume in carats (millions) and value in USD (billions)
| Year | Volume | Value |
| 2012 | 34.52 | 5.35 |
| 2013 | 47.55 | 7.21 |
| 2014 | 36.74 | 5.39 |
| 2015 | 35.54 | 5.07 |
| 2016 | 35.64 | 4.76 |
| 2017 | 30.63 | 4.83 |
| 2018 H1 | 12.39 | 1.95 |
Source: Dubai Customs
The data has not been validated
For rough diamonds trade figures, please refer to Kimberley Process website: https://kimberleyprocessstatistics.org/