2023
Exports
$11.4BWorld Rnk 3 / 135
Flag Rnk 6 / 1209
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$16.7BWorld Rnk 2 / 158
Flag Rnk 5 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $11.4B in Diamonds, making it the 3rd largest exporter of Diamonds in the world. At the same year, Diamonds was the 6th most exported product in United Arab Emirates. The main destination of Diamonds exports from United Arab Emirates are: India ($6.72B), Hong Kong ($1.7B), Belgium ($1.24B), Qatar ($407M), and Israel ($283M).

The fastest growing export markets for Diamonds of United Arab Emirates between 2022 and 2023 were Qatar ($388M), Hong Kong ($325M), and Zambia ($146M).

Imports In 2023, United Arab Emirates imported $16.7B in Diamonds, becoming the 2nd largest importer of Diamonds in the world. At the same year, Diamonds was the 5th most imported product in United Arab Emirates. United Arab Emirates imports Diamonds primarily from: Angola ($2.7B), Belgium ($2.24B), India ($2.12B), South Africa ($1.97B), and Botswana ($1.81B).

The fastest growing import markets in Diamonds for United Arab Emirates between 2022 and 2023 were United States ($406M), South Africa ($351M), and Hong Kong ($278M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Diamonds. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$11.4B
IMPORTS (2023)$16.7B
NET TRADE (2023)-$5.36B

In 2023, United Arab Emirates exported $11.4B in Diamonds. The main destinations of United Arab Emirates exports on Diamonds were India ($6.72B), Hong Kong ($1.7B), Belgium ($1.24B), Qatar ($407M), and Israel ($283M).

In 2023, United Arab Emirates imported $16.7B in Diamonds, mainly from Angola ($2.7B), Belgium ($2.24B), India ($2.12B), South Africa ($1.97B), and Botswana ($1.81B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
Qatar$388M (2.05k%)
Hong Kong$325M (23.7%)
Zambia$146M (705%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY United Arab Emirates WERE (2022 - 2023):
India-$3.22B (-32.4%)
Belgium-$600M (-32.7%)
Israel-$235M (-45.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, United Arab Emirates's main exporting competitors in Diamonds were:
In 2023, United Arab Emirates's main importing competitors in Diamonds were:

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $201M
TOP IMPORT POTENTIALIndia+ $206M

Diamonds’s highest export potential is United States. With an export gap of $201M.   Diamonds’s highest import potential is India with an import gap of $206M.

See methodology.

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