I 1970, Tel Aviv was already one of the world’s major diamond cutting centers. From its initial focus on cutting small diamonds, Israel has transformed into a major cutter of large and fancy diamonds in the 1980s.
The diamond processing factory in Israel is known as the model of the highest level of diamond technology in the world, using the most advanced diamond processing technology in the industry, most of which are developed and developed by Israeli local skilled craftsmen. I dag, Tel Aviv has always maintained a leading position in the innovation of diamond cutting technology, especially for fancy cutting and precise matching.
Israel’s diamond processing industry also maintains a strong competitiveness in the market with automated equipment and scientific cost control. The perfect combination of advanced science and technology and the exquisite skills of skilled workers has made Israel’s diamond processing industry the most cost-effective model in the world, and it is far ahead in cutting precision and other aspects.
Israel’s diamond exports are worth about US$4 billion annually, of which two-thirds are sold to North America. I 2007, the export value of Israeli refined diamonds reached 6.706 billion US dollars, of which the diamonds processed in Israel were 2.8 billion US dollars. The rest of the diamonds were processed outside Israel and then re-exported by Israel, and some of them were invested in processing factories or overseas. Diamonds processed by contracted processors.
Israel has established diamond processing plants in India and China, and employs about 2,500 professional and technical workers in China.
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