Diamonds in South Africa

2019
Exports | Imports
: $2.33B | $431M, World Rnk 10 / 127
Flag Rnk 9 / 1212 | World Rnk 16 / 155
Flag Rnk 28 / 1210

2019
Destination | Origin
: $554M | $179M, United Arab Emirates | Botswana

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $25.3M | $31.6M, Hong Kong |  United States

2019
ECONOMIC COMPLEXITY of South Africa
: 0.23, Rnk 59 / 157

2019
PRODUCT COMPLEXITY  IN Diamonds
: -1.28, Rnk 910 / 1029

Exports: In 2019, South Africa exported $2.33B in Diamonds, making it the 10th largest exporter of Diamonds in the world. At the same year, Diamonds was the 9th most exported product in South Africa. The main destination of Diamonds exports from South Africa are: United Arab Emirates ($554M), China ($402M), Belgium ($353M), Botswana ($252M), and Switzerland ($182M).

The fastest growing export markets for Diamonds of South Africa between 2018 and 2019 were Hong Kong ($25.3M), Russia ($7.33M), and India ($5.51M).

Imports: In 2019, South Africa imported $431M in Diamonds, becoming the 16th largest importer of Diamonds in the world. At the same year, Diamonds was the 28th most imported product in South Africa. South Africa imports Diamonds primarily from: Botswana ($179M), United States ($75.7M), India ($37.3M), Namibia ($28.5M), and Israel ($26.5M).

The fastest growing import markets in Diamonds for South Africa between 2018 and 2019 were United States ($31.6M), United Kingdom ($14.9M), and Israel ($12.8M).

Overview: In January 2021 South Africa's Diamonds exports accounted up to ZAR2.2B and imports accounted up to ZAR536M, resulting in a positive trade balance of ZAR1.67B. Between January 2020 and January 2021 the exports of South Africa's   Diamonds have increased by ZAR1.33B (154%) from ZAR867M to ZAR2.2B, while imports decreased by ZAR-199M (-27.1%) from ZAR735M to ZAR536M.

Destinations: In January 2021 Diamonds exported mostly to Botswana (ZAR927M), United Arab Emirates (ZAR704M), United States (ZAR162M), Belgium (ZAR148M), and Hong Kong (ZAR137M), and imported mostly from Botswana (ZAR245M), Special Categories (ZAR135M), Unclassified (ZAR61.7M), Namibia (ZAR40.8M), and India (ZAR25.6M).

Growth: In January 2021, the increase in Diamonds's year-by-year exports was explained primarily by an increase in exports to Botswana (ZAR837M or 923%), United Arab Emirates (ZAR218M or 45%), and United States (ZAR128M or 378%). In January 2021, the decrease in Diamonds's year-by-year imports was explained primarily by a decrease in imports from Special Categories (ZAR-142M or -51.2%), India (ZAR-17.5M or -40.5%), and Switzerland (ZAR-9.8M or -68.5%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (January 2020 - January 2021): ZAR1.33B, (154%)

IMPORT GROWTH (January 2020 - January 2021): ZAR-199M, (-27.1%)

MAIN EXPORTER (January 2021): O.r. Tambo Int Airport, ZAR2.2B

MAIN DESTINATION (January 2021): Botswana, ZAR927M

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.

Value

EXPORTS (2019): $2.33B

IMPORTS (2019): $431M

NET TRADE (2019): $1.9B

In 2019, South Africa exported $2.33B in Diamonds. The main destinations of South Africa exports on Diamonds were United Arab Emirates ($554M), China ($402M), Belgium ($353M), Botswana ($252M), and Switzerland ($182M).

In 2019, South Africa imported $431M in Diamonds, mainly from Botswana ($179M), United States ($75.7M), India ($37.3M), Namibia ($28.5M), and Israel ($26.5M).

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IN 2019, South Africa HAD A POSITIVE NET TRADE IN Diamonds WITH:

IN 2019, South Africa HAD A NEGATIVE NET TRADE IN Diamonds WITH:

Flow

THE FASTEST GROWING Diamonds EXPORT MARKETS FOR South Africa WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY South Africa WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, South Africa's main exporting competitors in Diamonds were:

In 2018, South Africa's main importing competitors in Diamonds were:

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Tariffs by Country

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In 2018, the tariffs for Diamonds in the imports of South Africa were of 0% around the world.

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