Diamond jewelry is a category of decorative personal ornaments used to symbolize commitment and prestige amidst a growing and rapidly evolving society. The specific commodity, due to the universal demand across cultures and the high value in small-volume abilities, has positioned itself as a substantial contributor towards the worldwide preference of fashion traders. The strong processing and manufacturing value chain, accompanied by the store of value and investment appeal, has maintained the continuity of the global trade. Lesotho Import Data says, the country in Southern Africa, bordered by the African continent on all sides, is at present a substantial contributor to the worldwide export market of diamond jewelry, mainly due to the natural rarity of diamonds and the production of large and rare diamonds with higher valuation per carat than the domestic industries. 

The diamond trade of the country has been facilitating employment in the mining and related sectors. The active participation of the country in the Kimberley Process, while ensuring conflict-free certification, has resulted in a total valuation of diamond jewellery export worth 445 million US dollars in 2024. The exceptional stones supporting the premium pricing have been benefiting the overall revenue rate. Subscribe to Import Globals, the leading Lesotho importexport trade provider, to stay updated with the latest information regarding the export of diamond jewelry in the nation via the Lesotho Trade Data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF DIAMOND JEWELRY FROM LESOTHO IN 2024

The launch of artisanal and small-scale mining in the diamond subsector has improved the revenue. It has also formalized the small producer contributions to the export memorandum. The proper issuance of prospective licenses and mining leases has increased the prospecting activity of the domestic industries. It has opened up more licensed operations while promoting the international trade of diamond jewelry from Lesotho. 

The efforts to strengthen mineral research and origin certification have enhanced traceability and trust in Lesotho diamonds. It has improved the competitiveness of Lesotho diamonds and finished jewelry in the export markets. The mining sector policy review and regulatory reforms have attracted foreign investment while speeding up the diamond project. It has also led to a more vibrant sector in the jewelry trade to feed the downstream markets. 

THE TOPMOST VARIANTS OF DIAMOND JEWELLERY EXPORTED FROM LESOTHO IN 2024

Lesotho, with its unique diamond ranges and marketing potential, has actively reported a diversity in its global trade output. According to Lesotho export data, the topmost variants of diamond jewelry exported from the nation in 2024 are,

• Diamond Rings – The annual valuation of Diamond Rings exported from Lesotho in 2024 – 98 million US dollars

• Diamond Earrings– The annual valuation of Diamond Earrings exported from Lesotho in 2024 – 65 million US dollars

• Diamond Necklaces– The annual valuation of Diamond Necklaces exported from Lesotho in 2024 – 59 million US dollars

• Diamond Bracelets– The annual valuation of Diamond Bracelets exported from Lesotho in 2024 – 48 million US dollars

• Diamond Pendants– The annual valuation of Diamond Pendants exported from Lesotho in 2024 – 38 million US dollars

• Diamond Brooches– The annual valuation of Diamond Brooches exported from Lesotho in 2024 – 29 million US dollars

• Tennis Bracelets– The annual valuation of Tennis Bracelets exported from Lesotho in 2024 – 22 million US dollars

• Diamond Hoop Earrings– The annual valuation of Diamond Hoop Earrings exported from Lesotho in 2024 – 18 million US dollars

• Solitaire Diamond Necklaces– The annual valuation of Solitaire Diamond Necklaces exported from Lesotho in 2024 – 15 million US dollars

• Half-Eternity Rings– The annual valuation of Half-Eternity Rings exported from Lesotho in 2024 – 12 million US dollars

TOP TRADE PARTNERS OF LESOTHO IN 2024

The early production legacy of the nation and the establishment of the mining companies have maintained the integrity of the country, with the topmost investing regions. As per the Lesotho customs data, the topmost trade partners benefiting the diamond jewelry export market of the nation in 2024 are,

• South Africa – The total valuation of diamond jewellery exported from Lesotho to South Africa in 2024 – 107 million US dollars

Top 5 variants of diamond jewelry exported

∙  Halo Rings

∙  Three-Stone Rings

∙  Cocktail Rings

∙  Stackable Rings

∙  Diamond Earrings

• Belgium – The total valuation of diamond jewellery exported from Lesotho to Belgium in 2024 – 72 million US dollars

Top 5 variants of diamond jewelry exported

∙  Diamond Earrings

∙  Diamond Stud Earrings

∙  Diamond Hoop Earrings

∙  Drop Earrings

∙  Dangle Earrings

• China – The total valuation of diamond jewelry exported from Lesotho to China in 2024 – 68 million US dollars

Top 5 variants of diamond jewelry exported

∙  Vintage Diamond Jewellery

∙  Antique Diamond Jewellery

∙  Designer Diamond Jewellery

∙  Bridal Diamond Jewellery Sets

∙  Diamond Jewellery Sets

• United States – The total valuation of diamond jewelry exported from Lesotho to the United States in 2024 – 59 million US dollars

Top 5 variants of diamond jewelry exported

∙  Bezel-Set Rings

∙  Invisible-Set Jewellery

∙  Channel-Set Rings

∙  Bar-Set Bracelets

∙  Flush-Set Rings

• India– The total valuation of diamond jewellery exported from Lesotho to India in 2024 – 48 million US dollars

Top 5 variants of diamond jewelry exported

∙  Heart-Shaped Pendants

∙  Cluster Necklaces

∙  Multi-Stone Bracelets

∙  Pavé Rings

∙  Pavé Bracelets

• Japan – The total valuation of diamond jewelry exported from Lesotho to Japan in 2024 – 39 million US dollars

Top 5 variants of diamond jewelry exported

∙  Maang Tikka

∙  Diamond Kadas

∙  Diamond Lockets

∙  Medallion Pendants

∙  Cross Pendants

• Germany – The total valuation of diamond jewellery exported from Lesotho to Germany in 2024 – 28 million US dollars

Top 5 variants of diamond jewelry exported

∙  Nose Rings

∙  Mangalsutra with Diamonds

∙  Diamond Bangles

∙  Armlets

∙  Waist Chains

• Botswana – The total valuation of diamond jewelry exported from Lesotho to Botswana in 2024 – 22 million US dollars

Top 5 variants of diamond jewelry exported

∙  Tiara Jewellery

∙  Diamond Crowns

∙  Anklets

∙  Toe Rings

∙  Nose Pins

• Mozambique – The total valuation of diamond jewellery exported from Lesotho to Mozambique in 2024 – 19 million US dollars

Top 5 variants of diamond jewelry exported

∙  Stackable Bracelets

∙  Diamond Brooches

∙  Diamond Pins

∙  Lapel Pins

∙  Hair Pins

• Eswatini – The total valuation of diamond jewellery exported from Lesotho to Eswatini in 2024 – 15 million US dollars

Top 5 variants of diamond jewelry exported

∙  Charm Bracelets

∙  Link Bracelets

∙  Flexible Bracelets

∙  ID Bracelets

∙  Statement Bracelets