HS Icon Diamonds in  Flag India

2021
Exports | Imports
: $26.3B | $26B, World Rnk 1 / 129
Flag Rnk 2 / 1214 | World Rnk 1 / 151
Flag Rnk 4 / 1208

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.19B | $4.58B, United States |  United Arab Emirates

2021
ECONOMIC COMPLEXITY of India
: 0.61, Rnk 41 / 131

2021
PRODUCT COMPLEXITY IN Diamonds
: -1.23, Rnk 893 / 1029

Exports In 2021, India exported $26.3B 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 ($10.2B), Hong Kong ($6.75B), Belgium ($2.38B), United Arab Emirates ($2.23B), and Israel ($1.41B).

The fastest growing export markets for Diamonds of India between 2020 and 2021 were United States ($4.19B), Hong Kong ($1.82B), and Belgium ($1.11B).

Imports In 2021, India imported $26B 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 ($8.74B), United States ($5.3B), Belgium ($5.15B), Hong Kong ($2.19B), and Botswana ($1.29B).

The fastest growing import markets in Diamonds for India between 2020 and 2021 were United Arab Emirates ($4.58B), United States ($1.98B), and Belgium ($1.92B).

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 treatment, 10%), Botswana (Most Favoured Nation duty rate treatment, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 10%), Cameroon (Most Favoured Nation duty rate treatment, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 10%).

Mar 2023

Subnational Monthly Trade

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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

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EXPORTS (2021): $26.3B

IMPORTS (2021): $26B

NET TRADE (2021): $312M

In 2021, India exported $26.3B in Diamonds. The main destinations of India exports on Diamonds were United States ($10.2B), Hong Kong ($6.75B), Belgium ($2.38B), United Arab Emirates ($2.23B), and Israel ($1.41B).

In 2021, India imported $26B in Diamonds, mainly from United Arab Emirates ($8.74B), United States ($5.3B), Belgium ($5.15B), Hong Kong ($2.19B), and Botswana ($1.29B).

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Flow

THE FASTEST GROWING Diamonds EXPORT MARKETS FOR India WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY India WERE (2020 - 2021):

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Market Concentration

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In 2021, India's main exporting competitors in Diamonds were:

In 2021, India's main importing competitors in Diamonds were:

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