Diamonds are one of the most sought after items in the world – they epitomize wealth, glamour and romance. Not many people typically associate China with high quality diamonds, and admittedly the country is a young player in the diamond game. However, China is fast becoming the most popular place to buy wholesale diamonds. We shall discuss this in further detail below.

China’s Diamond Industry

China’s diamond industry has grown to become one of the largest in the world over recent decades. While a lot of this has been contributed to by an increased appetite for diamonds by the Chinese (they are the third largest buyers of diamonds in the world at 8.5 percent), a huge amount of their diamonds are also exported and sold by China wholesalers. In 2009 alone China saw a 16.2 percent rise in diamond exports.

As the demand for diamonds grows in China, so are the efforts to mine more diamonds. India (a current leading diamond mining company) is set to be overtaken by China in coming years.

In 2006, China lowered its tariffs on diamond exports from 15.3 percent down to 10 percent, which has led to an increase in sales to overseas investors and buyers. Buying diamonds from China wholesalers is now cheaper than ever before.

Using the Internet to Buy China Wholesale Diamonds

In the past it was almost impossible to get into contact with China wholesalers and we had to rely solely on local wholesalers. However, the internet has changed all that and we can now source diamond wholesalers quickly and easily all around the world.

Whether you’re after raw diamonds or diamond jewelry, you will be able to find China wholesalers that can sell them to you. China wholesalers are used to dealing with overseas customers and have adapted their websites to be easy for English-speakers to use. Almost all diamond wholesalers from China who have experience working with international customers will have their website translated into English. Many of the larger China wholesalers will also have English-speaking sales representatives who can assist you with your orders.

Warnings when Buying China Wholesale Diamonds

There are always risks when buying products from overseas, particularly over the internet. While there are plenty of scam companies based in China (and other parts of the world), there are also plenty of highly reputable and trustworthy ones. The hard part is determining which are which!

Particularly with diamonds, as they are a luxury item, you want to be careful that you are going to be getting what you have paid for. The quality of the diamonds is very important as it affects how much you are able to resell them for. When choosing China wholesale diamonds you need to be very careful, and use the same criteria as you would if you bought diamonds in your local area such as size, clarity and color.

Ask any potential China wholesaler for references from previous clients in your home country. You should also do your own research by checking they are a legally recognized company by speaking with the BIC. Note that you will need a Chinese-speaking representative to speak with the BIC.

Internet forums are another great way of checking up on potential China wholesalers. It will become clear quite quickly if a company is badly regarded through negative forum posts. Watch out for fake forum posts by the companies themselves though.

Finally, no matter what you are buying from China wholesalers, diamonds or otherwise, always make sure that you pay using a secure and traceable method. This protects you to some extent if you do find yourself in the hand of scammers or receive items that you are not happy with.