2022
Exports
$25.9BWorld Rnk 1 / 136
Flag Rnk 2 / 1212
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$26.1BWorld Rnk 1 / 159
Flag Rnk 5 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $25.9B 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 ($9.75B), Hong Kong ($5.2B), Belgium ($2.91B), United Arab Emirates ($2.51B), and Thailand ($1.35B).

The fastest growing export markets for Diamonds of India between 2021 and 2022 were Belgium ($531M), Thailand ($316M), and United Arab Emirates ($292M).

Imports In 2022, India imported $26.1B in Diamonds, becoming the 1st largest importer of Diamonds in the world. At the same year, Diamonds was the 5th most imported product in India. India imports Diamonds primarily from: United Arab Emirates ($9.94B), United States ($5.07B), Belgium ($4.96B), Hong Kong ($1.34B), and Botswana ($1.27B).

The fastest growing import markets in Diamonds for India between 2021 and 2022 were United Arab Emirates ($1.2B), Thailand ($273M), and Singapore ($213M).

Latest Trends

Apr 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Diamonds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.9B
IMPORTS (2022)$26.1B
NET TRADE (2022)-$217M

In 2022, India exported $25.9B in Diamonds. The main destinations of India exports on Diamonds were United States ($9.75B), Hong Kong ($5.2B), Belgium ($2.91B), United Arab Emirates ($2.51B), and Thailand ($1.35B).

In 2022, India imported $26.1B in Diamonds, mainly from United Arab Emirates ($9.94B), United States ($5.07B), Belgium ($4.96B), Hong Kong ($1.34B), and Botswana ($1.27B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR India WERE (2021 - 2022):
Belgium$531M (22.3%)
Thailand$316M (30.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY India WERE (2021 - 2022):
Hong Kong-$1.54B (-22.9%)
United States-$421M (-4.14%)
Israel-$127M (-9.02%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Diamonds were:
In 2022, India's main importing competitors in Diamonds were:

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Trade Value of Diamonds by Exporters

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