2023
Exports
$32.7MWorld Rnk 38 / 135
Flag Rnk 571 / 1215
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$147MWorld Rnk 28 / 158
Flag Rnk 314 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $32.7M in Diamonds, making it the 38th largest exporter of Diamonds in the world. At the same year, Diamonds was the 571st most exported product in Turkey. The main destination of Diamonds exports from Turkey are: Thailand ($17.4M), United Arab Emirates ($10.8M), United States ($918k), Hong Kong ($730k), and India ($514k).

The fastest growing export markets for Diamonds of Turkey between 2022 and 2023 were Thailand ($17.4M), United Arab Emirates ($349k), and Lebanon ($239k).

Imports In 2023, Turkey imported $147M in Diamonds, becoming the 28th largest importer of Diamonds in the world. At the same year, Diamonds was the 314th most imported product in Turkey. Turkey imports Diamonds primarily from: India ($127M), Belgium ($12.5M), United Arab Emirates ($1.91M), United States ($1.5M), and Hong Kong ($1.2M).

The fastest growing import markets in Diamonds for Turkey between 2022 and 2023 were China ($415k), Singapore ($165k), and South Africa ($91.4k).

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)$32.7M
IMPORTS (2023)$147M
NET TRADE (2023)-$115M

In 2023, Turkey exported $32.7M in Diamonds. The main destinations of Turkey exports on Diamonds were Thailand ($17.4M), United Arab Emirates ($10.8M), United States ($918k), Hong Kong ($730k), and India ($514k).

In 2023, Turkey imported $147M in Diamonds, mainly from India ($127M), Belgium ($12.5M), United Arab Emirates ($1.91M), United States ($1.5M), and Hong Kong ($1.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Thailand$17.4M (516k%)
Lebanon$239k (7.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Turkey WERE (2022 - 2023):
United States-$1.17M (-56.1%)
India-$719k (-58.3%)
Israel-$377k (-55.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Diamonds were:
In 2023, Turkey'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 Arab Emirates+ $3.77M
TOP IMPORT POTENTIALIndia+ $47.2M

Diamonds’s highest export potential is United Arab Emirates. With an export gap of $3.77M.   Diamonds’s highest import potential is India with an import gap of $47.2M.

See methodology.

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