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Dubai Diamond Trade Hits Historic High in 2025

DMCC announced on 13 July 2026 that Dubai achieved record-breaking diamond trade in 2025, with total trade value increasing 16.2% year-on-year from 35.8 billion US dollars in 2024 to 41.7 billion US dollars.

The city also traded a record 359.5 million carats, representing a 42.5% increase compared with the previous year. According to DMCC, this is the first time Dubai has simultaneously recorded all-time highs in both the value and physical volume of diamond trade.

Natural Diamonds Continue to Dominate the Market

Natural diamonds remained the largest contributor to Dubai’s diamond trade, generating 39.9 billion US dollars during 2025 and accounting for 95.8% of the total trade value.

Trade in natural rough diamonds reached 205.2 million carats, making it the second-highest annual volume on record and approximately 34% higher than in 2024.

Meanwhile, natural polished diamond trade climbed to 18.7 billion US dollars, reflecting a nearly 25% year-on-year increase. DMCC noted that the value of natural polished diamond trade has risen 246% since 2020, while the average value per carat has increased by roughly eight to nine times over the same period.

Diamond Trade Has Expanded Significantly Since 2020

According to DMCC, Dubai’s diamond sector has witnessed strong long-term growth. Since 2020, total diamond trade through Dubai has increased 139% in value and 100% in physical volume, highlighting the emirate’s expanding role in connecting diamond-producing countries, manufacturing centres and consumer markets.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said the latest figures reflect Dubai’s long-term strategy of building a connected, transparent and efficient ecosystem for the global precious stones industry. He added that the city continues to provide infrastructure, regulatory certainty, financial access and specialised services for producers, manufacturers, traders and retailers.

Coloured Gemstone Trade Also Sets New Record

Beyond diamonds, Dubai’s coloured gemstone trade also reached a historic milestone in 2025.

Trade in coloured gemstones climbed to 1.1 billion US dollars, representing a 48% year-on-year increase. Imports rose 68.8%, while re-exports advanced 33.5%, indicating growth in both sourcing and distribution activities.

Dubai Strengthens Its Position as a Global Diamond Hub

DMCC stated that Dubai’s diamond trade has increased 63% in value and 44% in volume over the past decade. The organisation also noted that synthetic and industrial diamonds together now account for around 39% of the total diamond carat volume traded through the emirate.

DMCC operates the Dubai Diamond Exchange (DDE), described as the region’s largest diamond tender facility, supported by an integrated ecosystem that includes secure logistics, customs facilitation, grading services, financial solutions, technology and specialised infrastructure.

FAQs

1. What record did Dubai achieve in diamond trade during 2025?

Dubai recorded its highest-ever diamond trade, reaching 41.7 billion US dollars and 359.5 million carats, surpassing the previous record set in 2011.

2. How much did Dubai’s diamond trade grow compared with 2024?

Total diamond trade increased 16.2% year-on-year in value, while the physical volume of diamonds traded rose 42.5% compared with 2024.

3. What share of Dubai’s diamond trade came from natural diamonds?

Natural diamonds generated 39.9 billion US dollars, accounting for 95.8% of Dubai’s total diamond trade value in 2025.

4. How did coloured gemstone trade perform in 2025?

Coloured gemstone trade reached a record 1.1 billion US dollars, rising 48% year-on-year, with imports increasing 68.8% and re-exports growing 33.5%.

5. What does DMCC say contributed to Dubai’s position in the global diamond trade?

According to DMCC, Dubai’s growth has been supported by its integrated ecosystem, including the Dubai Diamond Exchange, secure logistics, customs facilitation, financial services, grading, technology and specialised infrastructure.

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