Diamonds in Russia | The Observatory of Economic Complexity

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Exports In 2023, Russia exported $3.82B in Diamonds, making it the 11th largest exporter of Diamonds in the world. At the same year, Diamonds was the 14th most exported product in Russia. The main destination of Diamonds exports from Russia are: United Arab Emirates ($1.63B), India ($1.09B), Hong Kong ($467M), Belgium ($312M), and Armenia ($269M).

The fastest growing export markets for Diamonds of Russia between 2022 and 2023 were Hong Kong ($418M), Armenia ($90.9M), and China ($26.5M).

Imports In 2023, Russia imported $262M in Diamonds, becoming the 22nd largest importer of Diamonds in the world. At the same year, Diamonds was the 184th most imported product in Russia. Russia imports Diamonds primarily from: Armenia ($234M), United Arab Emirates ($18.9M), Hong Kong ($6.09M), India ($2.23M), and Thailand ($359k).

The fastest growing import markets in Diamonds for Russia between 2022 and 2023 were Armenia ($77.6M), Hong Kong ($4.86M), and Kazakhstan ($207k).

Dec 2024

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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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EXPORTS (2023)$3.82B

IMPORTS (2023)$262M

NET TRADE (2023)$3.56B

In 2023, Russia exported $3.82B in Diamonds. The main destinations of Russia exports on Diamonds were United Arab Emirates ($1.63B), India ($1.09B), Hong Kong ($467M), Belgium ($312M), and Armenia ($269M).

In 2023, Russia imported $262M in Diamonds, mainly from Armenia ($234M), United Arab Emirates ($18.9M), Hong Kong ($6.09M), India ($2.23M), and Thailand ($359k).