HS Icon Diamonds in  Flag India

2019
Exports | Imports
: $22.5B | $21.4B, World Rnk 1 / 127
Flag Rnk 2 / 1213 | World Rnk 1 / 155
Flag Rnk 4 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $75.9M | $185M, United Arab Emirates |  United Arab Emirates

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

2019
PRODUCT COMPLEXITY  IN Diamonds
: -1.28, Rnk 910 / 1029

Exports: In 2019, India exported $22.5B in Diamonds, making it the 1st largest exporter of Diamonds in the world. At the same year, Diamonds was the 2nd most exported product in India. The main destination of Diamonds exports from India are: United States ($7.63B), Hong Kong ($7.6B), Belgium ($1.84B), United Arab Emirates ($1.71B), and Israel ($894M).

The fastest growing export markets for Diamonds of India between 2018 and 2019 were United Arab Emirates ($75.9M), Thailand ($23.2M), and Mexico ($20.4M).

Imports: In 2019, India imported $21.4B in Diamonds, becoming the 1st largest importer of Diamonds in the world. At the same year, Diamonds was the 4th most imported product in India. India imports Diamonds primarily from: United Arab Emirates ($5.2B), Belgium ($5.11B), United States ($4.4B), Hong Kong ($2.89B), and Botswana ($1.1B).

The fastest growing import markets in Diamonds for India between 2018 and 2019 were United Arab Emirates ($185M), Canada ($108M), and Thailand ($42.4M).

Tariffs: In 2018, the average tariff for India in Diamonds was 8.18%. The countries with the highest import tariffs for Diamonds were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).

Historical Data

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Value

EXPORTS (2019): $22.5B

IMPORTS (2019): $21.4B

NET TRADE (2019): $1.11B

In 2019, India exported $22.5B in Diamonds. The main destinations of India exports on Diamonds were United States ($7.63B), Hong Kong ($7.6B), Belgium ($1.84B), United Arab Emirates ($1.71B), and Israel ($894M).

In 2019, India imported $21.4B in Diamonds, mainly from United Arab Emirates ($5.2B), Belgium ($5.11B), United States ($4.4B), Hong Kong ($2.89B), and Botswana ($1.1B).

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IN 2019, India HAD A POSITIVE NET TRADE IN Diamonds WITH:

IN 2019, India HAD A NEGATIVE NET TRADE IN Diamonds WITH:

Flow

THE FASTEST GROWING Diamonds EXPORT MARKETS FOR India WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY India WERE (2018 - 2019):

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Market Concentration

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Flow
Type

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

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

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Tariffs by Country

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In 2018, the average tariff for India in Diamonds was 8.18%.

The countries with the highest tariffs for Diamonds in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).