Russian Diamond Exports Increased During Ukraine’s Invasion

17 / 02 / 2023

Despite U.S. sanctions, Russian diamond sales rose after the Ukraine war began..

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according to Kimberley Process (KP) statistics for the first half of 2022.

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Russia sharply increased diamond exports to the European Union, Armenia and Belarus.

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Exports to other countries dropped—and in some cases, like the United States, they ceased entirely.

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