Israeli Diamond Institute Blog | History of Diamonds - Belgium »
Posted By Isdiam 4 months ago in NewsBelgium, and more precisely Antwerp, has been the world's center of diamond trade for the past 500 years or so. There are four diamond bourses operating in the city, one for bort and three for gem quality goods. Throughout the years it lost its dominance at times only to regain power later on.
Diamond cutting in Antwerp started in the 16th century, when masses of Jewish people who were expelled from Spain and Portugal settled in Belgium, bringing with them the knowledge of diamond trading. Antwerp was growing as a city and soon became the commercial heart of Europe, with 40% of the world's trade passing through its massive port.
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