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710231 (Harmonized System 1992 for 6-digit)

2023
World Trade $31.7BRnk 95 / 4644
2023
Top Exporter | Top Importer $8.01B | $13.2BUnited Arab Emirates | India
2023
Product Complexity -1.46Rnk 4244 / 4656
2022 - 2023
Export Growth (CAGR) -26.8%Rnk 4100 / 4644
2023
Share of World Trade 0.14%Rnk 95 / 4644

About

Overview This page contains the latest trade data of Diamonds (jewellery) unworked or simply sawn, cleaved. In 2023, Diamonds (jewellery) unworked or simply sawn, cleaved were the world's 95th most traded product, with a total trade of $31.7B. Between 2022 and 2023 the exports of Diamonds (jewellery) unworked or simply sawn, cleaved decreased by -26.8%, from $43.3B to $31.7B. Trade in Diamonds (jewellery) unworked or simply sawn, cleaved represent 0.14% of total world trade.

Diamonds (jewellery) unworked or simply sawn, cleaved are a part of Diamonds.

Exports In 2023 the top exporters of Diamonds (jewellery) unworked or simply sawn, cleaved  were United Arab Emirates ($8.01B), Botswana ($3.86B), Belgium ($3.71B), Russia ($3.48B), and Angola ($3.27B).

Imports In 2023 the top importers of Diamonds (jewellery) unworked or simply sawn, cleaved were India ($13.2B), United Arab Emirates ($9.02B), Belgium ($5.29B), Hong Kong ($917M), and Israel ($598M).

Ranking Diamonds (jewellery) unworked or simply sawn, cleaved ranks 4244th in the Product Complexity Index (PCI).

Description Diamonds are used for jewellery and are the hardest natural material on earth. A diamond is cleaved or sawed to produce a gem-quality diamond.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Diamonds (jewellery) unworked or simply sawn, cleaved. Countries are shown based on data availability.

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United Arab Emirates$8.01B
Top Destination (2023)India$13.2B

In 2023 Diamonds (jewellery) unworked or simply sawn, cleaved were the world's 95th most traded product (out of 4,644).

In 2023, the top exporters of Diamonds (jewellery) unworked or simply sawn, cleaved were United Arab Emirates ($8.01B), Botswana ($3.86B), Belgium ($3.71B), Russia ($3.48B), and Angola ($3.27B).

In 2023, the top importers of Diamonds (jewellery) unworked or simply sawn, cleaved were India ($13.2B), United Arab Emirates ($9.02B), Belgium ($5.29B), Hong Kong ($917M), and Israel ($598M).

Explore Visualizations

Exporters of Diamonds (jewellery) unworked or simply sawn, cleaved (2023)
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Importers of Diamonds (jewellery) unworked or simply sawn, cleaved (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$426M
Top Destination Growth (2022 -  2023)Armenia$244M

Between 2022 and 2023, the exports of Diamonds (jewellery) unworked or simply sawn, cleaved grew the fastest in Canada ($426M), Angola ($368M), Zimbabwe ($223M), China ($111M), and Lesotho ($104M).

Between 2022 and 2023, the fastest growing importers of Diamonds (jewellery) unworked or simply sawn, cleaved were Armenia ($244M), Sri Lanka ($66M), Cambodia ($62.7M), Macau ($15.6M), and Laos ($4.81M).

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Exporters of Diamonds (jewellery) unworked or simply sawn, cleaved (2022 - 2023)

Importers of Diamonds (jewellery) unworked or simply sawn, cleaved (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Diamonds (jewellery) unworked or simply sawn, cleaved.

In 2023, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Diamonds (jewellery) unworked or simply sawn, cleaved are explained by 10 countries.

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Value of Exports in Diamonds (jewellery) unworked or simply sawn, cleaved

Net Trade

TOP NET EXPORTER (2023)Russia$3.47B
TOP NET IMPORTER (2023)India$12.5B

This map shows which countries export or import more of Diamonds (jewellery) unworked or simply sawn, cleaved. Each country is colored based on the difference in exports and imports of Diamonds (jewellery) unworked or simply sawn, cleaved during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Diamonds (jewellery) unworked or simply sawn, cleaved were Russia ($3.47B), Botswana ($3.33B), Angola ($3.27B), Canada ($2.93B), and South Africa ($1.43B).

In 2023, the countries that had a largest trade value in imports than in exports of Diamonds (jewellery) unworked or simply sawn, cleaved were India ($12.5B), Belgium ($1.58B), United Arab Emirates ($1.02B), Armenia ($305M), and Israel ($300M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Diamonds (jewellery) unworked or simply sawn, cleaved by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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