Antwerp Diamonds Description
Regional Significance of Antwerp, Belgium
There are more than 20 Diamond Bourses worldwide. 2 Bourses in Israel , 2 in Johannesburg, 1 Club in New York, Los Angeles, Miami, Hong Kong, Tokyo, Milan, Idar-Oberstein, Paris, Vienna, London, Amsterdam, Singapore, Bangkok. They are all affiliated to the 4 major diamond bourses in Antwerp, called the World Federation of Diamond Bourses. The diamond district is located near Central station, 30 minutes from Brussels airport. The Antwerp Diamond Center covers one square mile, housing 1500 diamond companies and 4 diamond bourses. In this highly protected quarter, thousands of highly skilled diamond workers are active to keep up the international quality label "Cut in Antwerp" based on a constructive vision of the future, backed by five centuries of tradition, a thorough professional training and state-of-the-art applied research vouch for the high level of quality. Millions of diamonds are literally passing through their hands. The Antwerp diamond companies have the best polishers in the world. Diamondland, Antwerp's largest diamond shop, is member of the Diamond Exchange, 70% of all diamonds in the world come from Antwerp in Belgium. More than 40% of industrial diamonds, 85% of rough diamonds and 50% of the world's cut diamonds are traded here, representing an annual turnover of 26 billion USD. The diamond sector accounts for 8% of all Belgian exports, which means the sector is an important economic mainstay and ambassador for the country.
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