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Belgium is no more the Diamond Capital of the world

According to an analysis published on November 15, 2024 by the National Bank of Belgium, the diamond business in Belgium has deteriorated to a standstill situation. For several years now, diamond imports and exports have been in decline in Belgium.

Since the beginning of 2023, there has not been a single month in which the diamond trade has recorded a positive growth rate compared with the corresponding month of the previous year.

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