HS Icon Diamonds, industrial, unworked or simply sawn, cleave

710221 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Diamonds, industrial, unworked or simply sawn, cleave. In 2020, Diamonds, industrial, unworked or simply sawn, cleave were the world's 3200th most traded product, with a total trade of $298M. Between 2019 and 2020 the exports of Diamonds, industrial, unworked or simply sawn, cleave decreased by -80.6%, from $1.54B to $298M. Trade in Diamonds, industrial, unworked or simply sawn, cleave represent 0.0018% of total world trade.

Diamonds, industrial, unworked or simply sawn, cleave are a part of Diamonds.

Exports In 2020 the top exporters of Diamonds, industrial, unworked or simply sawn, cleave  were Zimbabwe ($80.7M), United Arab Emirates ($63.2M), Russia ($61.6M), Democratic Republic of the Congo ($30M), and Hong Kong ($10.5M).

Imports In 2020 the top importers of Diamonds, industrial, unworked or simply sawn, cleave were Belgium ($151M), United Arab Emirates ($55.1M), India ($53M), Japan ($6.95M), and United States ($6.39M).

Tariffs In 2018 the average tariff for Diamonds, industrial, unworked or simply sawn, cleave was 5.9%, making it the 3723rd lowest tariff using the HS6 product classification.

Ranking Diamonds, industrial, unworked or simply sawn, cleave ranks 4685th in the Product Complexity Index (PCI).

Description Diamonds are used both in industrial and consumer products. Industrial uses include making synthetic graphite, drilling for oil, cutting and shaping glass, and in the plastic industry. Consumer uses include jewelry and watches.

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The following visualization shows the latest trends on Diamonds, industrial, unworked or simply sawn, cleave. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Zimbabwe, $80.7M

Top Destination (2020): Belgium, $151M

Diamonds, industrial, unworked or simply sawn, cleave are the world's 3200th most traded product.

In 2020, the top exporters of Diamonds, industrial, unworked or simply sawn, cleave were Zimbabwe ($80.7M), United Arab Emirates ($63.2M), Russia ($61.6M), Democratic Republic of the Congo ($30M), and Hong Kong ($10.5M).

In 2020, the top importers of Diamonds, industrial, unworked or simply sawn, cleave were Belgium ($151M), United Arab Emirates ($55.1M), India ($53M), Japan ($6.95M), and United States ($6.39M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Zimbabwe, $4.99M

Top Destination Growth (2019 - 2020): Belgium, $916k

Between 2019 and 2020, the exports of Diamonds, industrial, unworked or simply sawn, cleave grew the fastest in Zimbabwe ($4.99M), Hong Kong ($1.28M), Israel ($985k), Republic of the Congo ($677k), and Liberia ($267k).

Between 2019 and 2020, the fastest growing importers of Diamonds, industrial, unworked or simply sawn, cleave were Belgium ($916k), Indonesia ($110k), Vietnam ($108k), Philippines ($62.2k), and Jamaica ($56.7k).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Diamonds, industrial, unworked or simply sawn, cleave.

In 2020,  market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Diamonds, industrial, unworked or simply sawn, cleave are explained by 8 countries.

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TOP NET EXPORTER (2020): Zimbabwe, $80.7M

TOP NET IMPORTER (2020): Belgium, $141M

This map shows which countries export or import more of Diamonds, industrial, unworked or simply sawn, cleave. Each country is colored based on the difference in exports and imports of Diamonds, industrial, unworked or simply sawn, cleave during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Diamonds, industrial, unworked or simply sawn, cleave were Zimbabwe ($80.7M), Russia ($61.3M), Democratic Republic of the Congo ($30M), Botswana ($8.08M), and United Arab Emirates ($8.07M).

In 2020, the countries that had a largest trade value in imports than in exports of Diamonds, industrial, unworked or simply sawn, cleave were Belgium ($141M), India ($48.7M), Japan ($6.78M), China ($2.65M), and South Korea ($1.9M).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Diamonds, industrial, unworked or simply sawn, cleave.
It is possible to select the main countries that export or import Diamonds, industrial, unworked or simply sawn, cleave in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.