Overview This page contains the latest trade data of Diamonds. In 2020, Diamonds were the world's 33rd most traded product, with a total trade of $72.4B. Between 2019 and 2020 the exports of Diamonds decreased by -31.7%, from $106B to $72.4B. Trade in Diamonds represent 0.43% of total world trade.
Diamonds are a part of Precious stones, metals, & pearls. They include Diamonds (jewellery) worked but not mounted or set, Diamonds (jewellery) unworked or simply sawn, cleaved, Unsorted diamonds, Diamonds, industrial, unworked or simply sawn, cleave, and Diamonds industrial, worked.
Exports In 2020 the top exporters of Diamonds were India ($16B), Belgium ($8.86B), United Arab Emirates ($7.69B), United States ($6.65B), and Israel ($5.77B).
Imports In 2020 the top importers of Diamonds were India ($15.8B), United States ($11.8B), Hong Kong ($10.8B), Belgium ($8.58B), and United Arab Emirates ($8.11B).
Tariffs In 2018 the average tariff for Diamonds was 6.74%, making it the 637th lowest tariff using the HS4 product classification.
Ranking Diamonds ranks 833rd in the Product Complexity Index (PCI).
Description Diamonds are used in the production of other goods. They can be made from a variety of materials, including carbon, silicon, and boron.