2023
Exports
$984MWorld Rnk 14 / 135
Flag Rnk 2 / 1070
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$10.4MWorld Rnk 56 / 158
Flag Rnk 139 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $984M in Diamonds, making it the 14th largest exporter of Diamonds in the world. At the same year, Diamonds was the 2nd most exported product in Namibia. The main destination of Diamonds exports from Namibia are: United Arab Emirates ($290M), Botswana ($218M), United States ($109M), India ($106M), and Belgium ($97.9M).

The fastest growing export markets for Diamonds of Namibia between 2022 and 2023 were India ($98.2M), United Arab Emirates ($19.6M), and France ($1.02M).

Imports In 2023, Namibia imported $10.4M in Diamonds, becoming the 56th largest importer of Diamonds in the world. At the same year, Diamonds was the 139th most imported product in Namibia. Namibia imports Diamonds primarily from: Botswana ($2.4M), India ($1.77M), South Africa ($1.74M), United Arab Emirates ($1.51M), and Belgium ($1.28M).

The fastest growing import markets in Diamonds for Namibia between 2022 and 2023 were Canada ($1.2M), United Arab Emirates ($1.13M), and India ($1.11M).

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)$984M
IMPORTS (2023)$10.4M
NET TRADE (2023)$973M

In 2023, Namibia exported $984M in Diamonds. The main destinations of Namibia exports on Diamonds were United Arab Emirates ($290M), Botswana ($218M), United States ($109M), India ($106M), and Belgium ($97.9M).

In 2023, Namibia imported $10.4M in Diamonds, mainly from Botswana ($2.4M), India ($1.77M), South Africa ($1.74M), United Arab Emirates ($1.51M), and Belgium ($1.28M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
India$98.2M (1.25k%)
United Arab Emirates$19.6M (7.26%)
France$1.02M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Namibia WERE (2022 - 2023):
Botswana-$80.3M (-26.9%)
Israel-$31.4M (-53%)
Hong Kong-$28.2M (-30.7%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Diamonds were:
In 2023, Namibia's main importing competitors in Diamonds were:

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $61.4M
TOP IMPORT POTENTIALIndia+ $2.28M

Diamonds’s highest export potential is United States. With an export gap of $61.4M.   Diamonds’s highest import potential is India with an import gap of $2.28M.

See methodology.

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