Why is Antwerp famous for diamonds?
By Jared James · Last updated 21 May 2026
Definition
Antwerp, the port city in northern Belgium, has been the world's most important diamond trading and cutting centre for over 500 years. Its Diamond District, a few square blocks in the city centre, is home to hundreds of diamond dealers, cutters, polishers and brokers, and the city handles a significant share of the world's rough and polished diamond trade. Antwerp's dominance grew from its medieval trading links and was cemented in the 15th century when Flemish craftsmen became the leading cutters in Europe.
Frequently asked questions
- How much of the world's diamond trade goes through Antwerp?
- Antwerp has historically processed more than half of the world's rough diamonds and a large proportion of polished stones, though the share has shifted as centres like Dubai and Mumbai have grown. It remains one of the most important hubs in the global trade.
- Is it possible to buy diamonds directly in Antwerp?
- The trade in Antwerp is largely wholesale, aimed at dealers and jewellers rather than retail customers, but some merchants do sell to the public. Prices can be competitive, though buyers need to know what they are looking for and should always ask for certification.
- Why did diamond cutting become centred in Antwerp?
- Antwerp's central location as a major trading port in the 15th and 16th centuries drew diamond merchants from across Europe, and local craftsmen developed expertise in cutting and polishing that attracted more trade. The skills and infrastructure built up over centuries kept the city at the top.
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