Diamonds in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $2.27B in Diamonds, making it the 12th largest exporter of Diamonds in the world. At the same year, Diamonds was the 276th most exported product in China. The main destination of Diamonds exports from China are: Hong Kong ($1.9B), Belgium ($124M), France ($56.5M), China ($41.2M), and Israel ($34M).

The fastest growing export markets for Diamonds of China between 2021 and 2022 were France ($38.6M), China ($34.7M), and Hong Kong ($24.5M).

Imports In 2022, China imported $4.44B in Diamonds, becoming the 7th largest importer of Diamonds in the world. At the same year, Diamonds was the 79th most imported product in China. China imports Diamonds primarily from: South Africa ($3.36B), Hong Kong ($463M), United States ($132M), Belgium ($131M), and Israel ($103M).

The fastest growing import markets in Diamonds for China between 2021 and 2022 were United States ($45.5M), China ($34.7M), and Thailand ($22.8M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (6) were at the forefront of shipping Diamonds from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Diamonds exports accounted up to $101M and imports accounted up to $243M, resulting in a negative trade balance of $142M. Between February 2023 and February 2024 the exports of China's Diamonds have decreased by $-48.1M (-32.3%) from $149M to $101M, while imports decreased by $-404M (-62.4%) from $647M to $243M.

Destinations In February 2024, Diamonds were exported mostly to Hong Kong ($86.3M), United Arab Emirates ($6.15M), Belgium ($3.33M), Japan ($2.05M), and Israel ($1.94M), and were imported mostly from South Africa ($93.1M), Belgium ($76.8M), India ($41.1M), Unknown ($28.6M), and Hong Kong ($1.78M).

Growth In February 2024, the decrease in Diamonds's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-98.5M or -71%), United States ($-6.2M or -94.9%), and Belgium ($-4.78M or -23.6%). In February 2024, the decrease in Diamonds's year-by-year imports was explained primarily by a decrease in imports from Belgium ($-107M or -65%), India ($-91.4M or -67.3%), and South Africa ($-3.33M or -2.58%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-48.1M(-32.3%)

IMPORT GROWTH (February 2023 - February 2024)$-404M(-62.4%)

MAIN EXPORTER (February 2024)Shanghai Province$70M

MAIN DESTINATION (February 2024)Hong Kong$86.3M

This section shows Diamonds's exports and imports data at subnational level for China. 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.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.27B

IMPORTS (2022)$4.44B

NET TRADE (2022)-$2.17B

In 2022, China exported $2.27B in Diamonds. The main destinations of China exports on Diamonds were Hong Kong ($1.9B), Belgium ($124M), France ($56.5M), China ($41.2M), and Israel ($34M).

In 2022, China imported $4.44B in Diamonds, mainly from South Africa ($3.36B), Hong Kong ($463M), United States ($132M), Belgium ($131M), and Israel ($103M).

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