In March 2003, the Israel Diamond Exchange presented the first "Israel Diamond Industry Outstanding Exporter" award to Lev Leviev, owner of LLD Diamonds Ltd. The award recognized Leviev's achievement as the largest exporter of polished diamonds from Israel in 2002, in the amount of $514 million.
Shmuel Schnitzer, president of the Israel Diamond Exchange, praised Leviev for his contribution to the Israel diamond sector, as an importer of rough diamonds for the manufacturing industry in Israel, and as a leading exporter of polished diamonds. Schnitzer explained that the Exchange will present the award every year to mark its appreciation for diamantaires who contribute to the development of Israel's export and international trade.
Leviev said that he viewed the honor as recognition of the excellence and achievements of his company, its management, and employees.