Russia is one of the world’s largest producers of rough and polished diamonds, supplying a significant share of the global gemstone market. For wholesalers, jewellery manufacturers, and international traders, the opportunity to buy and export diamonds from Russia remains commercially attractive—but it also comes with regulatory, logistical, and compliance complexities.

This guide explains how diamond buyers can source responsibly from Russia, navigate export challenges, and streamline international trade with support from Wigmore Trading.

Understanding the Russian Diamond Market

Russia accounts for a substantial portion of global diamond production, particularly in rough diamonds used for industrial and jewellery applications. The country is known for consistent quality, large-volume supply, and competitive pricing, making it a key sourcing destination for:

• Diamond wholesalers

• Jewellery manufacturers

• Industrial diamond buyers

• Importers supplying Africa, Asia, and the Middle East

However, buying diamonds from Russia requires careful attention to export regulations, certification standards, and international trade restrictions.

Key Considerations When You Buy and Export Diamonds from Russia

Regulatory Compliance for Russian Diamond Exports

One of the biggest challenges when you buy and export diamonds from Russia is ensuring full compliance with international regulations. Diamond exports must adhere to:

• Kimberley Process Certification Scheme (KPCS)

• Country-specific import regulations

• Sanctions and trade restrictions in certain markets

• Customs documentation and valuation rules

Failure to comply can result in shipment delays, seizure of goods, or financial penalties. Wigmore Trading helps buyers navigate these regulatory requirements to ensure shipments meet destination country standards.

Ensuring Ethical and Traceable Diamond Sourcing

Ethical sourcing remains a priority across the global diamond trade. Buyers increasingly require transparency, traceability, and responsible sourcing practices.

When sourcing diamonds from Russia, it is essential to verify:

• Origin documentation

• Kimberley Process certificates

  Bulk Buy, Big Savings - Start Today!

  Browse More

• Supplier credibility and compliance history

Wigmore Trading works with verified suppliers and ensures all diamonds are properly documented, traceable, and compliant with international ethical sourcing standards.

Logistics and Export Challenges for Russian Diamonds

Secure Handling and Transportation

Diamonds are high-value, high-risk commodities that require specialized logistics solutions. Exporting diamonds from Russia involves:

• Secure packaging and sealed consignments

• Insurance coverage for high-value cargo

• Trusted freight and customs partners

• Controlled transit routes

Wigmore Trading coordinates secure logistics solutions to protect diamond shipments throughout the export and delivery process.

Market Access and Destination Considerations

Different markets have different requirements for importing diamonds. Whether you are supplying diamonds to Africa, Asia, Europe, or the Middle East, buyers must consider:

• Import licensing requirements

• Customs valuation rules

• Local taxation and duties

• Documentation standards

Wigmore Trading supports buyers by aligning export documentation with destination-specific import regulations, reducing clearance delays and compliance risks.

Why Work with Wigmore Trading to Buy and Export Diamonds from Russia

Wigmore Trading provides structured support across the diamond sourcing and export process, including:

• Supplier verification and sourcing coordination

• Compliance with Kimberley Process requirements

• Export documentation and customs coordination

• Secure international logistics management

This approach allows buyers to focus on their core business while minimizing operational and regulatory risks.

Managing Risk in the Russian Diamond Trade

Trading diamonds internationally involves commercial, legal, and logistical risks. These risks increase when sourcing from complex markets.

Wigmore Trading helps mitigate risk by:

• Ensuring compliant trade routes

• Working with established logistics partners

• Supporting transparent documentation

• Providing reliable trade execution

When challenges arise, practical solutions are implemented quickly to keep supply chains moving.

Who Can Benefit from Buying Diamonds from Russia?

This sourcing strategy is particularly relevant for:

• Diamond wholesalers expanding supply sources

• Jewellery manufacturers seeking consistent rough diamond supply

• African and Middle Eastern importers serving regional jewellery markets

• FMCG and industrial buyers requiring diamond materials

Wigmore Trading can help align sourcing strategies with your commercial goals.

Streamline Your Diamond Sourcing Strategy

Buying and exporting diamonds from Russia can be profitable when managed correctly. With the right compliance framework, ethical sourcing practices, and secure logistics, businesses can access one of the world’s most important diamond markets.

Wigmore Trading can help.
Get in touch with our team to learn more about sourcing, compliance, and exporting diamonds from Russia.