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Colored Gemstones: Antwerp is famous for its rubies, sapphires and other colored gemstones too. It has also become a business centre for these goods during the past many years, in pursuance of its aim to become a single-stop centre for gems buyers. The interests of the colored gems trade are protected by the Federation of Tradesmen & Manufacturers of Colored Gemstones. Wholesale gemstone Jewellery

This Federation also promotes precious stones by organizing the biennial European Precious Stones Conference in Antwerp. This event, patronized by the King of Belgium, is a scientific conference on gemmology which attracts experts from all over the world. A trade fair for gems is also held.

In processing colored gemstones in Belgium, Antwerp specializes in cutting large gems while Malines and Turout are centres for smalls.
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Gems Studded Jewellery : Belgium has a sizeable turnover of fine jewellery studded with diamonds and various colored gemstones. Loutrai is renowned for studded gold jewellery while Antwerp and Brussels turn out quantities of jewellery using white gold, platinum and palladium. The HRD is also promoting Belgian jewellery through design competitions, exhibitions, etc. Most of the jewellery sold by Belgium is diamond - studded.

Russia has established a jewellery venture Antwerp with Belgian collaboration, to promote its jewellery in the Western world.

Machinery & Tools: Belgium is also a major centre for manufacturing and supplying tools and machinery to the precious sector. Two top companies are now undertaking turn-key projects for installing complete processing factories.

Growing Diamond Exports: Belgian exports of polished diamonds reached a record total of $4.01 billion during the. First half of 2004, representing an increase of 16.4 per cent over the $3.44 billion worth of polished diamond exports registered during the same period in 2003. However in terms of volume, polished diamond exports were down by a marginal 1.2 per cent, with 5.09 million carats exported during the January-June period in 2004, compared to 5.15 million carats during the corresponding months a year earlier. Wholesale druzy Jewellery

With polished diamond exports to the United States increasing by 6.3 per cent during the first half of 2004 to $1.34 billion, when compared to the first half of 2003, the world's largest jewellery market accounted for a 33.3 per cent share of total exports and held onto its position as Belgium's largest polished diamond client. The trading centres of Hong Kong and Jsrael maintained their second and third positions respectively