Largest Diamond-Producing Country – Russia
- Russia is the largest diamond-producing nation in the world.
- Russia is also known for its abundance of natural resources.
- Russia produces 41,923,910 carats of diamonds every year. The Sakha Republic of Russia is home to several diamond mines.
- There are also state-owned diamond-producing companies and mines. ALROSA is one of them. This state-owned company produces a substantial amount of diamonds.
- The diamonds found in this nation are also known for their exceptional quality.
- Russian diamonds, their production and distribution also significantly impact global diamond prices.
Highest Diamond Producing Countries 2024
The top diamond-producing countries play a major role in shaping the diamond industry and the nation’s economy. The top diamond-producing countries are Russia, Botswana, the Democratic Republic of the Congo, Canada, South Africa, Zimbabwe, and Namibia. Russia is the top diamond-producing nation, followed by other nations. For decades, diamonds have been a sign of luxury and elegance. They also serve as a powerful economic asset. This article will discuss some of the top diamond-producing countries in the world.