Diamonds in South Africa

EXPORTS (2018): $9.38B, World Rnk 6 / 80
Flag Rnk 2 / 1203

TOP DESTINATION (2018): $2.4B, Belgium-Luxembourg

FASTEST GROWING MARKET (2017 - 2018): $257M, United Arab Emirates

IMPORTS (2018): $1.2B, World Rnk 12 / 108
Flag Rnk 9 / 1206

TOP ORIGIN (2018): $582M, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $120M, Canada

ECONOMIC COMPLEXITY of South Africa (2018): 0.16, Rnk 59 / 137

PRODUCT COMPLEXITY  IN Diamonds (2018): -1.15, Rnk 854 / 1018

Overview: This page contains the latest trade data of Diamonds in South Africa.

Exports: In 2018, South Africa exported $9.38B in Diamonds, making it the 6th largest exporter of Diamonds in the world. At the same year, Diamonds was the 2nd most exported product in South Africa. The main destination of Diamonds exports from South Africa are: Belgium-Luxembourg ($2.4B), United Arab Emirates ($1.83B), India ($1.43B), Israel ($710M), and China ($671M).

The fastest growing export markets for Diamonds of South Africa between 2017 and 2018 were United Arab Emirates ($257M), Switzerland ($159M), and Hong Kong ($119M).

Imports: In 2018, South Africa imported $1.2B in Diamonds, becoming the 12th largest importer of Diamonds in the world. At the same year, Diamonds was the 9th most imported product in South Africa. South Africa imports Diamonds primarily from: Canada ($582M), India ($177M), Belgium-Luxembourg ($118M), Israel ($91M), and United States ($63.7M).

The fastest growing import markets in Diamonds for South Africa between 2017 and 2018 were Canada ($120M), India ($50.6M), and United States ($33M).

Overview: In July 2020 South Africa's Diamonds exports accounted up to ZAR1.59B and imports accounted up to ZAR153M, resulting in a positive trade balance of ZAR1.44B. Between July 2019 and July 2020 the exports of South Africa's   Diamonds have increased by ZAR209M (15.1%) from ZAR1.38B to ZAR1.59B, while imports decreased by ZAR-318M (-67.5%) from ZAR472M to ZAR153M.

Destinations: In July 2020 Diamonds exported mostly to United Arab Emirates (ZAR769M), Belgium (ZAR372M), Israel (ZAR192M), Hong Kong (ZAR116M), and Solomon Islands (ZAR61.4M), and imported mostly from Special Categories (ZAR66.8M), Botswana (ZAR28.4M), United Arab Emirates (ZAR26.7M), Namibia (ZAR8.8M), and Unclassified (ZAR6.96M).

Growth: In July 2020, the increase in Diamonds's year-by-year exports was explained primarily by an increase in exports to Hong Kong (ZAR110M or 355%) and Botswana (ZAR14.9M or 5.68%). In July 2020, the decrease in Diamonds's year-by-year imports was explained primarily by a decrease in imports from Botswana (ZAR-171M or -70.5%), Namibia (ZAR-37.4M or -75.8%), and Unclassified (ZAR-29.1M or -74.3%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): ZAR209M, (15.1%)

IMPORT GROWTH (July 2019 - July 2020): ZAR-318M, (-67.5%)

MAIN EXPORTER (July 2020): O.r. Tambo Int Airport, ZAR1.59B

MAIN DESTINATION (July 2020): United Arab Emirates, ZAR769M

This section shows Diamonds's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Diamonds over time.

Value

EXPORTS (2018): $9.38B

IMPORTS (2018): $1.2B

NET TRADE (2018): $8.18B

In 2018, South Africa exported $9.38B in Diamonds. The main destinations of South Africa exports on Diamonds were Belgium-Luxembourg ($2.4B), United Arab Emirates ($1.83B), India ($1.43B), Israel ($710M), and China ($671M).

In 2018, South Africa imported $1.2B in Diamonds, mainly from Canada ($582M), India ($177M), Belgium-Luxembourg ($118M), Israel ($91M), and United States ($63.7M).

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IN 2018, South Africa HAD A POSITIVE NET TRADE IN Diamonds WITH:

  • Belgium-Luxembourg, $2.28B ($2.4B - $118M)
  • United Arab Emirates, $1.78B ($1.83B - $50.7M)
  • India, $1.26B ($1.43B - $177M)

IN 2018, South Africa HAD A NEGATIVE NET TRADE IN Diamonds WITH:

  • Canada, -$535M ($47M - $582M)
  • Russia, -$29.4M ($0 - $29.4M)
  • Democratic Republic of the Congo, -$8.01M ($0 - $8.01M)
Flow

THE FASTEST GROWING Diamonds EXPORT MARKETS FOR South Africa WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY South Africa WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, South Africa's main exporting competitors in Diamonds were:

In 2018, South Africa's main importing competitors in Diamonds were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Diamonds in South Africa. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Diamonds in the imports of South Africa were of 0% around the world.

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