Diamonds in South Africa | The Observatory of Economic Complexity

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Exports In 2023, South Africa exported $6.42B in Diamonds, making it the 5th largest exporter of Diamonds in the world. At the same year, Diamonds was the 6th most exported product in South Africa. The main destination of Diamonds exports from South Africa are: China ($2.14B), United Arab Emirates ($1.97B), United States ($821M), Belgium ($404M), and India ($325M).

The fastest growing export markets for Diamonds of South Africa between 2022 and 2023 were United Arab Emirates ($351M), United States ($109M), and Hong Kong ($84.5M).

Imports In 2023, South Africa imported $336M in Diamonds, becoming the 19th largest importer of Diamonds in the world. At the same year, Diamonds was the 55th most imported product in South Africa. South Africa imports Diamonds primarily from: United Arab Emirates ($115M), Botswana ($93.4M), Namibia ($34.8M), India ($33M), and Israel ($15.4M).

The fastest growing import markets in Diamonds for South Africa between 2022 and 2023 were United Arab Emirates ($111M), Hong Kong ($9.6M), and Canada ($3.81M).

Latest Trends

November 2024

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Overview In November 2024 South Africa's Diamonds exports accounted up to ZAR2.64B and imports accounted up to ZAR480M, resulting in a positive trade balance of ZAR2.16B. Between November 2023 and November 2024 the exports of South Africa's Diamonds have increased by ZAR761M (40.5%) from ZAR1.88B to ZAR2.64B, while imports increased by ZAR12.7M (2.71%) from ZAR468M to ZAR480M.

Destinations In November 2024, Diamonds were exported mostly to United Arab Emirates (ZAR1.91B), Botswana (ZAR395M), Hong Kong (ZAR175M), United States (ZAR116M), and Belgium (ZAR21.3M), and were imported mostly from Special Categories (ZAR280M), South Africa (ZAR59M), Botswana (ZAR38.8M), India (ZAR35.6M), and Tanzania (ZAR21.1M).

Growth In November 2024, the increase in Diamonds's year-by-year exports was explained primarily by an increase in exports to N/A. In November 2024, the increase in Diamonds's year-by-year imports was explained primarily by an increase in imports from Angola (ZAR92M or 2.07k%), Israel (ZAR28.2M or 12.2k%), and Namibia (ZAR3.78M or 7.69%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)ZAR761M(40.5%)

IMPORT GROWTH (November 2023 - November 2024)ZAR12.7M(2.71%)

MAIN EXPORTER (November 2024)O.r. Tambo Int AirportZAR4.04B

MAIN DESTINATION (November 2024)United Arab EmiratesZAR1.91B

This section shows Diamonds's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Diamonds over time.

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