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2023
Exports $539MWorld Rnk 17 / 135
Flag Rnk 1 / 619
2023
Destination $85.8M Belgium
2022 - 2023
FASTEST GROWING MARKET $85.8MIndia
2023
PRODUCT COMPLEXITY IN Diamonds-1.54Rnk 950 / 1025
2023
Imports $177kWorld Rnk 115 / 158
Flag Rnk 484 / 1091
2023
Origin $141k United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $141kUnited Arab Emirates

About

Exports In 2023, Lesotho exported $539M in Diamonds, making it the 17th largest exporter of Diamonds in the world. At the same year, Diamonds was the 1st most exported product in Lesotho. The main destination of Diamonds exports from Lesotho are: Belgium ($295M), United Arab Emirates ($95.1M), India ($85.8M), United States ($56.1M), and France ($3.53M).

The fastest growing export markets for Diamonds of Lesotho between 2022 and 2023 were India ($85.8M), United Arab Emirates ($22.6M), and Belgium ($17.9M).

Imports In 2023, Lesotho imported $177k in Diamonds, becoming the 115th largest importer of Diamonds in the world. At the same year, Diamonds was the 484th most imported product in Lesotho. Lesotho imports Diamonds primarily from: United Arab Emirates ($141k) and Belgium ($36.7k).

The fastest growing import markets in Diamonds for Lesotho between N/A and 2023 were United Arab Emirates ($141k) and Belgium ($36.7k).

Latest Trends

Dec 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 (2023)$539M
IMPORTS (2023)$177k
NET TRADE (2023)$538M

In 2023, Lesotho exported $539M in Diamonds. The main destinations of Lesotho exports on Diamonds were Belgium ($295M), United Arab Emirates ($95.1M), India ($85.8M), United States ($56.1M), and France ($3.53M).

In 2023, Lesotho imported $177k in Diamonds, mainly from United Arab Emirates ($141k) and Belgium ($36.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Lesotho WERE (2022 - 2023):
India$85.8M (1%)
United Arab Emirates$22.6M (31.1%)
Belgium$17.9M (6.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Lesotho WERE (2022 - 2023):
United Kingdom-$30.2M (-97.8%)
United States-$24.7M (-30.6%)
Switzerland-$2.62M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lesotho' main exporting competitors in Diamonds were:
India $21B
Belgium $11.6B
United Arab Emirates $11.4B
In 2023, Lesotho' main importing competitors in Diamonds were:
United States $18.4B
United Arab Emirates $16.7B
India $15.8B

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $50M
TOP IMPORT POTENTIALIndia+ $605

Diamonds’s highest export potential is United States. With an export gap of $50M.   Diamonds’s highest import potential is India with an import gap of $605.

See methodology.

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