Dubai is reinforcing its status as a pivotal hub in the global diamond industry, with recent statistics showcasing its expanding influence in bridging the gap between producers, manufacturers, and consumers worldwide.

Record-Breaking Diamond Trade Figures

According to the latest information released by Dubai Customs, the diamond trade in the emirate reached an astounding $41.7 billion in 2025, exceeding the previous record of $40.9 billion set back in 2011. This substantial growth also saw 359.5 million carats exchanged, marking a 42.5% increase from the previous year. This milestone symbolizes a historic moment for Dubai, as it is the first time the emirate has achieved record highs in both the value and physical volume of diamond trade simultaneously.

In total, the overall diamond trade bolstered by 16.2% from $35.8 billion in 2024. Furthermore, trade in colored gemstones hit a significant new record, with an increase of 48%, reaching $1.1 billion. These impressive figures highlight the emirate’s long-term growth trajectory as a global trading center.

Long-Term Growth in the Diamond Sector

The latest statistics underline Dubai’s sustained growth as a key player in diamond trading, showing a 139% rise in trade value and 100% growth in volume since 2020. This remarkable progress is attributed to focused investments in infrastructure, logistics, and enhanced market connectivity. Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, emphasized that these numbers reflect the success of a strategic initiative to create the world’s most interconnected, transparent, and efficient ecosystem for precious stones.

Since the impact of the Covid-19 pandemic in 2020, the volume of diamond trade transacted through Dubai has doubled, with an impressive 140% growth in value. Notably, the value of natural polished diamonds skyrocketed by 246%, affirming Dubai’s position as a preferred partner for producers, manufacturers, traders, and retailers in the global diamond industry.

The Dominance of Natural Diamonds and Emerging Gemstones

Natural diamonds continue to dominate the trade, contributing 95.8% of the total diamond trade value, or an impressive $39.9 billion in 2025. The trade in natural polished diamonds alone surged nearly 25% year-on-year to reach $18.7 billion. Additionally, colored gemstones are gaining traction, reflecting a broader trend toward diversification within Dubai’s precious stones market. As traders and consumers increasingly lean towards a varied selection of gemstones, Dubai’s role in facilitating these transactions continues to evolve.

In summary, Dubai’s remarkable growth and resilience in the diamond trading sphere underscore its status as a global connector in the precious stones market. The commitment to developing infrastructure and regulatory frameworks will likely ensure that the emirate remains at the forefront of the industry’s evolution. As Dubai strengthens its global influence, stakeholders can expect continued innovation and expansion in the diamond trade, paving the way for a flourishing future in this sector.