2022
Exports
$1.67BWorld Rnk 13 / 136
Flag Rnk 36 / 1211
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$2.4BWorld Rnk 9 / 159
Flag Rnk 15 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.67B in Diamonds, making it the 13th largest exporter of Diamonds in the world. At the same year, Diamonds was the 36th most exported product in Thailand. The main destination of Diamonds exports from Thailand are: India ($688M), Hong Kong ($407M), Belgium ($165M), United States ($146M), and United Arab Emirates ($62.7M).

The fastest growing export markets for Diamonds of Thailand between 2021 and 2022 were India ($273M), United States ($71.6M), and Hong Kong ($50.2M).

Imports In 2022, Thailand imported $2.4B in Diamonds, becoming the 9th largest importer of Diamonds in the world. At the same year, Diamonds was the 15th most imported product in Thailand. Thailand imports Diamonds primarily from: India ($1.35B), Hong Kong ($502M), United States ($150M), Israel ($112M), and Belgium ($92.8M).

The fastest growing import markets in Diamonds for Thailand between 2021 and 2022 were Hong Kong ($432M), India ($316M), and Israel ($71.4M).

Latest Trends

Jul 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 (2022)$1.67B
IMPORTS (2022)$2.4B
NET TRADE (2022)-$722M

In 2022, Thailand exported $1.67B in Diamonds. The main destinations of Thailand exports on Diamonds were India ($688M), Hong Kong ($407M), Belgium ($165M), United States ($146M), and United Arab Emirates ($62.7M).

In 2022, Thailand imported $2.4B in Diamonds, mainly from India ($1.35B), Hong Kong ($502M), United States ($150M), Israel ($112M), and Belgium ($92.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
India$273M (65.9%)
United States$71.6M (95.5%)
Hong Kong$50.2M (14.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Thailand WERE (2021 - 2022):
Belgium-$6.68M (-3.89%)
Russia-$6.24M (-88.2%)
Turkey-$1.75M (-55.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Diamonds were:
In 2022, Thailand'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 POTENTIALIndia+ $133M
TOP IMPORT POTENTIALUnited States+ $39.1M

Diamonds’s highest export potential is India. With an export gap of $133M.   Diamonds’s highest import potential is United States with an import gap of $39.1M.

See methodology.

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