NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

680421 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.05BRnk 1407 / 4644
2023
Top Exporter | Top Importer $486M | $225MChina | United States
2023
Product Complexity 1.19Rnk 494 / 4656
2022 - 2023
Export Growth (CAGR) -4.07%Rnk 1987 / 4644
2023
Share of World Trade 0.0091%Rnk 1407 / 4644

About

Overview This page contains the latest trade data of Grindstones etc of synthetic or natural diamond. In 2023, Grindstones etc of synthetic or natural diamond were the world's 1407th most traded product, with a total trade of $2.05B. Between 2022 and 2023 the exports of Grindstones etc of synthetic or natural diamond decreased by -4.07%, from $2.14B to $2.05B. Trade in Grindstones etc of synthetic or natural diamond represent 0.0091% of total world trade.

Grindstones etc of synthetic or natural diamond are a part of Milling Stones.

Exports In 2023 the top exporters of Grindstones etc of synthetic or natural diamond  were China ($486M), Japan ($245M), Italy ($205M), South Korea ($204M), and Germany ($172M).

Imports In 2023 the top importers of Grindstones etc of synthetic or natural diamond were United States ($225M), China ($199M), Germany ($196M), Brazil ($125M), and Chinese Taipei ($109M).

Ranking Grindstones etc of synthetic or natural diamond ranks 494th in the Product Complexity Index (PCI).

Description A stone's hardness is measured on the Mohs scale. The Mohs scale is numbered from 1-10, with 1 being the softest and 10 being the hardest. Diamond falls in the 10 category, which is the hardest. Diamond is used for grinding and polishing, as it can be used to grind down the hardest materials.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Grindstones etc of synthetic or natural diamond. 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$486M
Top Destination (2023)United States$225M

In 2023 Grindstones etc of synthetic or natural diamond were the world's 1407th most traded product (out of 4,644).

In 2023, the top exporters of Grindstones etc of synthetic or natural diamond were China ($486M), Japan ($245M), Italy ($205M), South Korea ($204M), and Germany ($172M).

In 2023, the top importers of Grindstones etc of synthetic or natural diamond were United States ($225M), China ($199M), Germany ($196M), Brazil ($125M), and Chinese Taipei ($109M).

Explore Visualizations

Exporters of Grindstones etc of synthetic or natural diamond (2023)
[Click to Select a Country]

Importers of Grindstones etc of synthetic or natural diamond (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$9.46M
Top Destination Growth (2022 -  2023)Brazil$51.8M

Between 2022 and 2023, the exports of Grindstones etc of synthetic or natural diamond grew the fastest in Austria ($9.46M), Germany ($8.06M), Switzerland ($4.78M), China ($4.41M), and Sweden ($3.99M).

Between 2022 and 2023, the fastest growing importers of Grindstones etc of synthetic or natural diamond were Brazil ($51.8M), Portugal ($5.76M), Algeria ($4.77M), Ireland ($4.76M), and Czechia ($4.57M).

Explore Visualizations

Exporters of Grindstones etc of synthetic or natural diamond (2022 - 2023)

Importers of Grindstones etc of synthetic or natural diamond (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Grindstones etc of synthetic or natural diamond.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Grindstones etc of synthetic or natural diamond are explained by 15 countries.

Explore Visualizations

Value of Exports in Grindstones etc of synthetic or natural diamond

Net Trade

TOP NET EXPORTER (2023)China$288M
TOP NET IMPORTER (2023)United States$134M

This map shows which countries export or import more of Grindstones etc of synthetic or natural diamond. Each country is colored based on the difference in exports and imports of Grindstones etc of synthetic or natural diamond during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Grindstones etc of synthetic or natural diamond were China ($288M), Japan ($211M), South Korea ($185M), Italy ($141M), and Austria ($44.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Grindstones etc of synthetic or natural diamond were United States ($134M), Brazil ($121M), Chinese Taipei ($75.7M), France ($50.4M), and Mexico ($39.9M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Grindstones etc of synthetic or natural diamond.
It is possible to select the main countries that export or import Grindstones etc of synthetic or natural diamond in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Grindstones etc of synthetic or natural diamond 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms