Monday, August 31 2026 18:49
Alina Hovhannisyan

Armenia has significantly reduced its diamond exports and imports.

Armenia has significantly reduced its diamond exports and imports.

ArmInfo. Armenia's diamond exports in 2025 were almost halved (compared to a 6% decline in 2024), reaching 279,900 carats. The customs value decreased by 77.4%, amounting to $109.5 million. According to data from the RA Customs Service, diamond imports also significantly declined—by 88.4%, reaching 378,000 carats, with a 75.8% decrease in customs value, reaching $120.9 million.

The UAE accounted for the bulk of diamond exports, accounting for 56.5% (compared to 74.8% in 2024) and the Russian Federation for 36.8% (compared to 7.6%). Belgium followed with 3.1% (versus 0.2%), Israel with 2.2% (versus 0.2%), and very small volumes were exported to Georgia, Norway, the USA, Kazakhstan, Hong Kong, Canada, Thailand, Belarus, and Germany.

Diamonds were imported primarily from India (45.5%) and the UAE (38.1%). Smaller volumes came from Belgium (2.6%), Hong Kong (2.5%), Angola (1.9%), Israel (1.7%), Canada (1.6%), Botswana, Thailand, Namibia, Russia, Tanzania, China, and South Africa. Shipments of up to 1,000 carats came from the Democratic Republic of the Congo, Germany, Guinea, Lesotho, and the Congo.