Top 10 Largest Gemstone Producing Countries in the World: Russia Takes the Lead

Gemstones or precious stones are types of natural stones with a high selling price and are highly sought after by collectors. A stone is called a gemstone if it meets several requirements: durability, beauty, and rarity.

The United States Geological Survey (USGS) reports that the total value of gemstone production worldwide was US$63 billion in 2021. This figure increased by 1.12% from the previous year, which was US$62.3 billion.

The world's largest gemstone producing country is Russia, with a production value of US$18 billion, accounting for 28.6% of the total value of global gemstone production. Canada follows in second place with a production value of US$13 billion.

The value of gemstone production in Botswana is reported to be US$12 billion. The value of gemstone production in the United States is US$7.1 billion. Meanwhile, the production value in South Africa is US$6.9 billion.

Top 10 Gemstone Producing Countries in the World (2021):

1. Russia with a production value of US$18 billion
2. Canada with a production value of US$13 billion
3. Botswana with a production value of US$12 billion
4. United States with a production value of US$7.1 billion
5. South Africa with a production value of US$6.9 billion
6. Congo with a production value of US$2.6 billion
7. Namibia with a production value of US$1.6 billion
8. Sierra Leone with a production value of US$520 million
9. Lesotho with a production value of US$490 million
10. Zimbabwe with a production value of US$270 million

The most sought-after gemstones in the world are crystalline gemstones, including precious stones such as diamonds, emeralds, rubies, sapphires, and agate stones like Sky Blue and Amethyst.