Value of Illicit Diamond Trade in the Ivory Coast

In a 2013 report conducted by the United Nations, the value of diamonds being illegally smuggled out of Ivory Coast was reported to be between $12 Million to $23 Million a year.

Back in 2006, a report examining the Kimberly Process also reported that $23 Million in diamonds was being smuggled out of the Ivory Coast.

Source:  Michelle Nichols, “Embargo fails to stop Ivory Coast illicit diamond trade: U.N. experts,” Reuters, October 24, 2013.