The Complete Guide to Importing Diamonds

A conveyor belt with diamonds falling into a box with a semi truck, delivery truck and cargo ship beneath it.
Diamond imports have numerous regulations placed on them by the federal government. We’ll show you all the requirements you’ll need to complete for a successful importing experience.
January 11, 2022
Last Modified: September 19, 2024
Share This Article
copy-link-to-clipboard Copy URL to Clipboard

Diamonds are a popular gemstone that’s used for more than just jewelry. That said, importing them into the U.S. is no easy task. You’ll need to complete a variety of regulations if you want to get yours into the country.  

Key takeaways:

  • Imports of diamonds from Russia are prohibited, and you’ll need to provide self-certification that verifies your diamonds aren’t from this country. 
  • When importing rough diamonds, you’ll need to follow requirements set by the Kimberley Process. 
  • Loose diamonds are duty free, but diamonds set in jewelry will have varying duty rates. 
  • You’ll need a customs bond if your diamonds have a value of  $2,500 or more.

Our guide below will provide you with all the information you need to import diamonds.

What Countries to Import Diamonds From

There are plenty of countries to choose from when looking for a supplier. Before you pick one, you should determine if you want to obtain rough diamonds or polished and cut diamonds. 

Diamonds extracted straight from the earth are considered rough, while cut and polished diamonds have been transformed into a finished gem that’s suitable for use in jewelry. 

Both rough diamonds going to a polisher/cutter, and those that have already been cut to various finishes, can be imported loosely.  

There are also varieties of rough diamonds that aren’t considered suitable for jewelry, but can be ground down and used in other ways. Referred to as bort, these industrial diamonds are used for a variety of applications, such as:

  • Construction
  • Computer chip production
  • Electrical circuits
  • Machinery 

I’ve given data on the top 10 diamond exporting countries you can use as suppliers. Keep in mind, this list will include countries that export rough, polished, and industrial diamonds. I’ve also removed the U.S. and Russia from this list, since they won’t be applicable to you. 

The graphic shows a horizontal bar graph of the top diamond exporting countries in 2023. The first bar is dark blue and shows India had a diamond export value of $18.2 billion. The second bar is red and shows Hong Kong had a diamond export value of $14.6 billion. The third bar is blueish-gray and shows the United Arab Emirates had a diamond export value of $10.3 billion. The fourth bar is light-purple and shows Belgium had a diamond export value of $9.7 billion. The fifth bar is cobalt blue and shows Israel had a diamond export value of $6.6 billion. The sixth bar is aqua and shows Botswana had a diamond export value of $4.3 billion. The seventh bar is teal and shows South Africa had a diamond export value of $2.1 billion. The eighth bar is seafoam and shows Mainland China had a diamond export value of $1.93 billion. The ninth bar is light-green and shows Angola had a diamond export value of $1.88 billion. The tenth bar is lime and shows Canada had a diamond export value of $1.7 billion.

Some countries specialize in importing certain diamonds more than others. Simply research each nation to see what they have to offer to find the one that suits your needs. 

What Are The Requirements for Importing Diamonds?

There are many regulations set by Customs and Border Protection (CBP) that you must follow when importing diamonds. 

This includes:

  • Prohibition on Russian diamonds and self certification
  • Following the Kimberley Process (KP) when importing rough diamonds.

Luckily, one thing you won’t have to worry about is getting a license to export and import diamonds for commercial purposes.

Prohibition of Russian Diamonds and Self Certification

Since the start of the Russia/Ukraine War, the U.S. has begun enforcing a variety of prohibitions on the importation of Russian diamond products.

  • Non-industrial diamonds of the Russian Federation
  • Non-industrial diamonds of the Russian Federation, regardless of whether such diamonds have been substantially transformed in third countries
  • Unsorted diamonds of the Russian Federation or exported from Russia
  • Diamond jewelry from the Russian Federation or exported from Russia

Starting on March 1st, 2024, all diamond imports will need a self-certification that says they aren’t from Russia. The self-certification should be provided on a company letterhead in PDF format.

If you’re importing non-industrial diamonds with a weight of 1.0 carat or greater, provide the following statement on your self-certification:

When importing diamond jewelry and unsorted diamonds, provide this statement on the self-certification:

You will only need to use one self-certification per diamond entry. 

The Kimberley Process

The purpose of the Kimberley Process Certification Scheme is to prevent conflict diamonds from entering the diamond trade. Conflict diamonds are rough diamonds sold by rebel groups to fund their operations against legitimate governments. 

The Kimberley Process Certification Scheme requires exporters and importers of rough diamonds to prove their goods aren’t from conflict zones. To supplement the Kimberley Process (KP), the U.S. passed the Clean Diamond Act. This act requires all U.S. exporters and importers of rough diamonds to follow the (KP).

To adhere to both the Clean Diamond Act and Kimberley Process, you must follow these steps when you import diamonds: 

  1. Your import of rough diamonds needs to come with its original Kimberley Process certificate.
  2. The countries you import diamonds from must also participate in the Kimberley Process.
  3. Regardless of the value of your imported diamonds, you will need to enter your shipment as a formal entry.
  4. Each Kimberley Process Certificate has its own unique eight-digit number that should be included on CBP Form 7501.
  5. Your import of rough diamonds needs to travel in a tamper-evident containerthat can be used as evidence if tampering occurs.
  6. You must fax your Kimberley Process Certificate to the U.S. Census Bureau when you make an entry with CBP.
  7. After importing rough diamonds, you will have to keep the original certificate for your import for five years after the date of importation.
  8. Lastly, importers of diamonds must file their annual import/export activity.

It’s important to note the KP only applies to imports of rough diamonds. This means you won’t have to follow KP requirements if you’re importing diamonds that are cut or polished. 

Related: How To Start A Diamond Import/Export Business

Are Diamonds Duty-Free?

Duty rates will differ based on the type of diamond imports you’re bringing into the country. Loose diamonds are duty free, but diamonds set in jewelry will have varying duty rates. Lab grown diamonds will have a duty rate of 3%. Industrial diamonds are also duty-free. 

When you import diamonds, be sure that you label them with the correct HTS code. There are about 11 different types of HTS codes that apply, and making sure you give the right one is important. Not having the correct HTS code can have repercussions, even if your diamonds are duty-free.

Use our HTS Lookup Tool if you’re not sure what HTS code applies to your gemstones.

30 Minute Licensed Expert Consulting Will Personally Guide You
HTS Code Look Up
USA CUSTOMS CLEARANCE
Can't Find the HTS Code for Your Diamonds?

Our HTS Lookup Tool will help you find the correct code for your diamonds.

HTS Lookup Widget

When do I Need a Customs Bond to Import Diamonds?

You will need a customs bond if your import of diamonds counts as a formal entry. A formal entry is any import that has a value of $2,500 or more. 

One type of customs bond you can obtain is a single transaction bond, good for just one specific import. The other type of customs bond is called a continuous bond. This gives you the ability to make multiple imports for a whole year.

Related: How To Get A Customs Bond

Import Diamonds With USA Customs Clearance

USA Customs Clearance has the expertise you need to import diamonds successfully. We have Licensed Customs Brokers and import specialists that know the regulations that you’ll have to follow to stay in compliance. You’ll also be able to access a variety of services to make your diamond importing experience smoother. 

  • Import/Customs Consulting: Meet with one of our Licensed Customs Brokers to discuss the regulations facing your diamond imports. 
  • Customs Bonds: Required for regulated imports or shipments valued at $2,500 or more. 
  • Bundles for New Importers: If you’re new to importing, get one of our bundles to learn the basics. 

Bring your diamonds into the country with USA Customs Clearance by using one of our services. You can also contact our team at (855) 912-0406 if you have any questions about the services we provide. For direct queries, you can also complete our online contact form.

30 Minute Licensed Expert Consulting Will Personally Guide You
USA CUSTOMS CLEARANCE
Get Professional Help for Your Diamond Imports

Our Licensed Customs Brokers can help you with bring your diamonds into the country

Learn from one of our experts during a 30 Minute Licensed Expert Consulting Session. 

Contact our Licensed Expert Consultant >
Share This Article
copy-link-to-clipboard Copy URL to Clipboard

Leave a Reply

Latest comments (8)

Ibrahim Kudis

Greeting
This is to inform you of our interest and desire to make a publicity of our industry a small scale mining firm here in west Africa to seek a foreign individual or body for exportation of Gold & Diamond to any part of the world based on your experience, idea & interest in this proposal. Furthermore, we will furnish you the necessary documents of our existing firm including the government authorization certificate for mining Gold & Diamond in this territory. Do not hesitate to message us back in case you are interested for further action.As our Agent we are ready to give some commission of the total purchase if you can connect us to a buyer. Our Email Address (groupivoiremining@email.com)
Best Regards
Mr.Ibrahim Kudis

Gabriel Hertzberg

My,fiance,was willed from her late father raw diamonds from his diamond mines in Africa as q well as large amount of gold from his mines. My wife is going to pay customs in that country,prior of releeasing
Her diamonds and send them to a security house in the US. Since paid taxes,in Afica does she have to pay taxes in the US?

USA Customs Clearance
315 NE 14th St #4122
Ocala, FL 34470
(855) 912-0406
Copyright AFC International LLC. All Rights Reserved.
magnifiercross