2022
Exports
$15.5BWorld Rnk 2 / 136
Flag Rnk 6 / 1208
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$17.5BWorld Rnk 3 / 159
Flag Rnk 4 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $15.5B in Diamonds, making it the 2nd 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 ($9.94B), Belgium ($2.07B), Hong Kong ($1.39B), Israel ($535M), and Lebanon ($366M).

The fastest growing export markets for Diamonds of United Arab Emirates between 2021 and 2022 were India ($1.2B), Belgium ($473M), and Zimbabwe ($148M).

Imports In 2022, United Arab Emirates imported $17.5B in Diamonds, becoming the 3rd largest importer of Diamonds in the world. At the same year, Diamonds was the 4th most imported product in United Arab Emirates. United Arab Emirates imports Diamonds primarily from: Angola ($3.4B), Belgium ($2.59B), India ($2.51B), Botswana ($2.31B), and Russia ($1.64B).

The fastest growing import markets in Diamonds for United Arab Emirates between 2021 and 2022 were Angola ($1.76B), South Africa ($509M), and Botswana ($375M).

Latest Trends

Sep 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 (2022)$15.5B
IMPORTS (2022)$17.5B
NET TRADE (2022)-$1.98B

In 2022, United Arab Emirates exported $15.5B in Diamonds. The main destinations of United Arab Emirates exports on Diamonds were India ($9.94B), Belgium ($2.07B), Hong Kong ($1.39B), Israel ($535M), and Lebanon ($366M).

In 2022, United Arab Emirates imported $17.5B in Diamonds, mainly from Angola ($3.4B), Belgium ($2.59B), India ($2.51B), Botswana ($2.31B), and Russia ($1.64B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
India$1.2B (13.7%)
Belgium$473M (29.7%)
Zimbabwe$148M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY United Arab Emirates WERE (2021 - 2022):
Botswana-$269M (-70.8%)
China-$63.6M (-95.9%)
Turkey-$63.5M (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Diamonds were:
India $25.9B
Belgium $14.7B
In 2022, 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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