Diamonds in Russia | The Observatory of Economic Complexity

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Exports In 2022, Russia exported $4.65B in Diamonds, making it the 9th largest exporter of Diamonds in the world. At the same year, Diamonds was the 15th most exported product in Russia. The main destination of Diamonds exports from Russia are: United Arab Emirates ($1.64B), Belgium ($1.46B), India ($1.08B), Armenia ($178M), and Israel ($104M).

The fastest growing export markets for Diamonds of Russia between 2021 and 2022 were United Arab Emirates ($374M), India ($196M), and Armenia ($176M).

Imports In 2022, Russia imported $202M in Diamonds, becoming the 26th largest importer of Diamonds in the world. At the same year, Diamonds was the 217th most imported product in Russia. Russia imports Diamonds primarily from: Armenia ($156M), United Arab Emirates ($24.1M), United States ($7.44M), India ($6.57M), and Switzerland ($4.14M).

The fastest growing import markets in Diamonds for Russia between 2021 and 2022 were Armenia ($101M), United States ($2.07M), and Singapore ($143k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Diamonds from Russia to the United States.

Feb 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 (2022)$4.65B

IMPORTS (2022)$202M

NET TRADE (2022)$4.45B

In 2022, Russia exported $4.65B in Diamonds. The main destinations of Russia exports on Diamonds were United Arab Emirates ($1.64B), Belgium ($1.46B), India ($1.08B), Armenia ($178M), and Israel ($104M).

In 2022, Russia imported $202M in Diamonds, mainly from Armenia ($156M), United Arab Emirates ($24.1M), United States ($7.44M), India ($6.57M), and Switzerland ($4.14M).