Key Market Indicators
Canada's exports of diamonds are forecast to reach $1.8 billion by 2026, down slightly from $1.84 billion in 2021. On average, exports have increased 2.3% annually since 1994. Canada came in tenth in the 2021 rankings; Switzerland overtook with $1.84 billion. The United States, Belgium, and Israel were second, third, and fourth, respectively. Canada's diamond imports are expected to reach $311.7 million by 2026, down from $340 million in 2021. On average, imports have decreased 1.8% annually since 1994. Canada came in nineteenth in 2021, with Lebanon overtaking with $340 million. The United States, Belgium, and the United Arab Emirates were second, third, and fourth in the rankings, respectively.
