Diamond Bourse & Exchange Logistics
Move diamonds between traders, offices, and bourses with complete security and accountability across India's trading hubs.
View More...Moving diamonds across global markets — fast, compliant, and in control
End-to-end logistics for high-volume diamond distribution and wholesale trade across 130+ countries — built compliance complexity and market shifts that define the global diamond trade.
130+
Countries in BVC's network
~90%
Of world's polished diamonds processed in India
$13B+
India's annual polished diamond exports (FY2025)
100%
Door-to-door insured, every shipment
Understanding the segment
International diamond distribution is more complex than ever
India sits at the centre of the global diamond supply chain, processing over 90% of the world's polished diamonds, with the bulk of this work concentrated in Surat and Mumbai. Once polished, these diamonds need to make their way to buyers spread across a wide network of international markets — including Antwerp, Dubai, Hong Kong, New York, London, Bangkok, Singapore, and dozens of other trading hubs. The logistics infrastructure that connects India's production capacity to this global buyer base must therefore be fast, fully compliant, properly insured, and capable of adapting quickly to a global trade environment that has shifted significantly in recent times.
The trade environment surrounding Indian polished diamonds has been shaped by several forces operating simultaneously. Among the most consequential is the US tariff on Indian polished diamonds, which has now settled at 10% after moving through several different rates over the course of 2025. Within this evolving landscape, there is one critical rule that every distributor must clearly understand: tariffs are based on the diamond's country of origin, and this single principle drives much of the documentation and routing strategy that follows.
India's total polished diamond exports have declined over recent periods, driven by a combination of demand contraction, broader geopolitical uncertainty, and shifting buyer behaviour that has compressed volumes across many of the traditional routes the industry has long relied on. In response, the industry is actively diversifying its focus toward the UAE, the wider Middle East, and other emerging markets — though it must be acknowledged that this diversification has not yet meaningfully reduced the overall volume pressure weighing on the sector.
“In global diamond distribution, the logistics provider is not just moving parcels — they are navigating a compliance environment that changes faster than any single exporter can track alone.”
At BVC, we manage international diamond distribution across all of India's key export routes, and our service extends well beyond simple movement of goods. We provide dedicated documentation support tailored to the specific requirements of each destination market, ensuring the continuity needed to keep your deliveries moving regardless of what is happening globally.
Approach comparison
What slows down global diamond distribution — and how BVC handles it differently
High-volume international diamond distribution has specific failure points that general freight companies are not equipped to handle. Here is the difference in practice.
Pre-shipment due diligence and global customs handling
Common problem
Documentation is assembled after collection. Errors at origin customs — missing qualifiers, incorrect descriptions, incomplete declarations — only surface when customs reviews the filing. Corrections take days and create downstream delays at every destination.
BVC way
BVC conducts thorough due diligence before every export shipment. The Shipping Bill is pre-filed through ICEGATE, all destination-specific compliance requirements are confirmed in advance, and origin certificates before the parcel moves. Customs processes are handled smoothly across all markets.
GIA certification bonds and re-import clearance
Common problem
Diamonds sent abroad for GIA certification are treated as a standard export. On return to India, the importer faces a full duty assessment — not understanding that a bond arrangement with customs can allow the goods to travel for certification and return without attracting duty.
BVC way
For shipments moving for GIA certification, BVC arranges the customs bond — an undertaking to customs that the same goods will return after certification with no sale having taken place, so the return leg clears duty-free. Where customers have their own annual bond arrangement with GIA, BVC coordinates clearance under that arrangement.
Due Diligence Statement
Common problem
A Surat exporter ships polished diamonds above 0.5 carats to a European buyer without the Due Diligence Statement on Diamond Origin required by Antwerp's Diamond Office from January 2026. The parcel is flagged. The buyer cannot clear it. The deal is delayed.
BVC way
The Due Diligence Statement is supported as part of the documentation preparation for every qualifying country's shipment. Documentation is attached to the parcel before it leaves India. Diamond Office clearance happens without delay.
Multi-country exhibition logistics
Common problem
A Mumbai distributor needs inventory at exhibitions in Malaysia and Singapore before returning to India. The logistics provider manages each leg separately, misses GJEPC permission requirements for exhibition movement, and the goods are held at the Singapore border.
BVC way
BVC handles multi-city exhibition circuits — for example, Mumbai to Singapore to Malaysia and back — as a single coordinated operation. GJEPC permission is mandatory for any exhibition movement and is obtained before the first leg departs. Each leg's documentation is supported in advance. The distributor focuses on the exhibition; BVC manages every border crossing.
Continuity through global turmoil
Common problem
A logistics provider's operations stall when geopolitical events affect air routes, transit hub access, or insurance availability. The customer's shipments are delayed without a clear alternative or timeline.
BVC way
BVC's 130+ country network is built with redundancy. When conflict, sanctions, or route closures affect the usual path, BVC reroutes without interrupting your delivery schedule. Whatever is happening globally, our services continue without affecting your deliveries.
Speed vs compliance trade-off
Common problem
A fast courier gets diamonds to the destination quickly but documentation is incomplete. Customs holds the shipment. The time advantage is lost, and the distributor now faces an unexpected hold with incomplete paperwork — which is harder to resolve than properly filed documentation would have been.
BVC way
BVC's export preparation process is designed so that speed and compliance work together, not against each other. Shipping Bills are pre-filed on ICEGATE. Documentation is destination-ready before the parcel leaves. Parcels move fast because the compliance work is done in parallel, not after.
How it works
From Indian exporter to global buyer — every step
Click each step to understand what BVC does — and what India's and the destination market's requirements look like at each stage of international distribution.
Planning the shipment route and documentation
Before a parcel moves, BVC confirms the optimal route and prepares the destination-specific documentation checklist. For a shipment going to multiple markets, each destination's requirements are mapped out in advance.
Where applicable, BVC identifies whether a Free Trade Agreement (FTA) origin certificate applies — for example, under the India–UAE CEPA or the India–Australia FTA. BVC assists in obtaining the origin certificate for FTA purposes, which reduces the applicable duty at destination. For exhibition movements, GJEPC permission is obtained before the first leg departs. This planning step prevents surprises at every customs point downstream.
What gets confirmed at this stage
Destination compliance requirements mapped
FTA origin certificate — India–UAE CEPA / India–Australia FTA
GIA certification bond (if applicable)
Export route and carrier confirmed
GJEPC permission — for exhibition movements
Insurance coverage arranged
Before a parcel moves, BVC confirms the optimal route and prepares the destination-specific documentation checklist. For a shipment going to multiple markets, each destination's requirements are mapped out in advance.
Where applicable, BVC identifies whether a Free Trade Agreement (FTA) origin certificate applies — for example, under the India–UAE CEPA or the India–Australia FTA. BVC assists in obtaining the origin certificate for FTA purposes, which reduces the applicable duty at destination. For exhibition movements, GJEPC permission is obtained before the first leg departs. This planning step prevents surprises at every customs point downstream.
What gets confirmed at this stage
- Destination compliance requirements mapped
- FTA origin certificate — India–UAE CEPA / India–Australia FTA
- GIA certification bond (if applicable)
- Export route and carrier confirmed
- GJEPC permission — for exhibition movements
- Insurance coverage arranged
What BVC brings
Eight capabilities built for global diamond distribution
Understand what each capability means for diamond distributors and wholesale traders operating from India.
01.
Built for global diamond trade
BVC's international network is built specifically for the diamond trade - with documentation processes, carrier relationships, and compliance expertise tailored to each major export destination from India. Every route we operate has been established through real experience, not built on demand when a new market is needed.
02.
Seamless international execution
Destination-specific documentation is supported for preparation before the parcel leaves India — not reactively after a customs hold. Every destination has different requirements; We help in preparation for each of them, so shipments clear without holds at every destination.
03.
Speed with compliance
Shipping Bills are pre-filed through ICEGATE. Documentation is ready before collection. Speed and compliance are not trade-offs at BVC - the preparation work that enables compliance is done in parallel with the physical movement, not after it.
Regulatory and trade context
The compliance landscape for Indian diamond distributors in 2025–2026
The regulatory environment for international diamond distribution has changed significantly. These are the most important rules and conditions Indian distributors need to understand.
US tariffs on Indian polished diamonds
As of September 2025, Indian-polished diamonds entering the US carry a 10% import tariff. The tariff is based on the country where the diamond was polished — not the country of shipment. Routing via Dubai or Antwerp does not change the applicable rate. Country-of-origin documentation is mandatory for all US-bound shipments.
EU Due Diligence Statement (Jan 2026)
From 1 January 2026, polished diamonds above 0.5 carats entering the EU must be accompanied by a Due Diligence Statement on Diamond Origin submitted to Antwerp's Diamond Office, declaring the stones are not of Russian origin. The EU did not apply retaliatory import tariffs on Indian diamonds, maintaining favourable access to the European market.
G7 Russian diamond sanctions
G7 countries require non-Russian origin evidence for polished diamonds above 0.5 carats. The US OFAC self-certification requirement has been in place since March 2024. The UK requires supplier origin declarations. Indian exporters must provide proof that their stones were not mined in Russia — using KP certificates, factory records, or origin attestations.
CBIC December 2024 declaration rules
Indian Customs requires specific qualifiers — origin, size, shape, type, and colour — for every diamond in Shipping Bill export declarations since December 2024. These qualifiers are mandatory and must be correctly completed to avoid customs holds at the Indian end. BVC includes all CBIC qualifiers in every Shipping Bill filing.
ITC refund on polished exports
Polished diamond exports from India are zero-rated under GST, allowing exporters to claim refunds on input tax paid on rough diamonds and manufacturing inputs. Correct Shipping Bill filing through ICEGATE is the prerequisite for ITC refund claims. BVC's Shipping Bill preparation ensures all exports generate clean, claimable ITC refund records.
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Ask Your QuestionBVC manages end-to-end international diamond logistics including secure pickup, export clearance, documentation preparation, customs coordination, international transit, and final delivery across 130+ countries.
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We work with mining operators, exploration companies, and trading houses across India's diamond supply chain.