Diamonds in
India
2020 Exports | Imports : $16B | $15.8B, World Rnk 1 / 115 Rnk 3 / 1215 | World Rnk 1 / 146
Rnk 4 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $15.4M | $93.1M, Vietnam | Russia
2020 Exports | Imports : $16B | $15.8B, World Rnk 1 / 115 Rnk 3 / 1215 | World Rnk 1 / 146
Rnk 4 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $15.4M | $93.1M, Vietnam | Russia
Exports In 2020, India exported $16B in Diamonds, making it the 1st largest exporter of Diamonds in the world. At the same year, Diamonds was the 3rd most exported product in India. The main destination of Diamonds exports from India are: United States ($5.98B), Hong Kong ($4.92B), Belgium ($1.28B), United Arab Emirates ($1.19B), and Israel ($632M).
The fastest growing export markets for Diamonds of India between 2019 and 2020 were Vietnam ($15.4M), Chinese Taipei ($4.5M), and Germany ($4.26M).
Imports In 2020, India imported $15.8B 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 ($4.16B), United States ($3.32B), Belgium ($3.23B), Hong Kong ($2.31B), and Botswana ($891M).
The fastest growing import markets in Diamonds for India between 2019 and 2020 were Russia ($93.1M), Switzerland ($23.1M), and France ($1.16M).
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%).
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.
EXPORTS (2020): $16B
IMPORTS (2020): $15.8B
NET TRADE (2020): $185M
In 2020, India exported $16B in Diamonds. The main destinations of India exports on Diamonds were United States ($5.98B), Hong Kong ($4.92B), Belgium ($1.28B), United Arab Emirates ($1.19B), and Israel ($632M).
In 2020, India imported $15.8B in Diamonds, mainly from United Arab Emirates ($4.16B), United States ($3.32B), Belgium ($3.23B), Hong Kong ($2.31B), and Botswana ($891M).
IN 2020, India HAD A POSITIVE NET TRADE IN Diamonds WITH:
IN 2020, India HAD A NEGATIVE NET TRADE IN Diamonds WITH:
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR India WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY India WERE (2019 - 2020):
In 2019, India's main exporting competitors in Diamonds were:
In 2019, India's main importing competitors in Diamonds were:
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%).