Diamond trade in Somalia - Exporting Diamond to Somalia

  1. Anbar Asia
  2. Trade with Somalia
  3. Somalia's Gemstones market
  4. Diamond trade in Somalia
Diamond
The top three diamond producing countries are Russia, Botswana, and Canada. The United States is the largest consumer market for diamonds, representing a significant portion of global diamond demand. The diamond industry may witness changes in consumer preferences and buying patterns. There have been no significant diamond mines discovered in West Asia (Middle East) thus far. There is limited information available regarding the specific details of large diamonds held in the treasuries of West Asian countries, central banks, or private collections.
Gemstones
West Asia is geologically diverse, with a wide range of rock formations, mineral deposits, and tectonic activities. The Middle East, particularly Iran, is known for producing some of the world's finest turquoise gemstones. Look for well-known and reputable gemstone retailers, either online or physical stores, that specialize in selling gemstones. The color of a ruby is one of the most important factors in determining its quality and suitability for jewelry. Color is one of the most important factors in determining the value of emeralds.
Diamond trade in Somalia
Somalia’s economy is largely based on agriculture, livestock, remittances, and a growing informal sector. Despite the challenges posed by decades of political instability, civil war, and limited infrastructure, Somalia has maintained a degree of resilience through informal trade networks and the support of its diaspora. Livestock, particularly cattle, sheep, and camels, forms the backbone of the economy, with the country being a major supplier of animals to the Middle East. Agriculture, especially the cultivation of bananas, sugarcane, and sorghum, is also a key sector, though it has faced challenges due to recurring droughts and lack of modern farming techniques.

Directory of Diamond suppliers in Somalia