2023
Exports
$25.7MWorld Rnk 43 / 135
Flag Rnk 525 / 1211
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$26.5MWorld Rnk 40 / 158
Flag Rnk 649 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $25.7M in Diamonds, making it the 43rd largest exporter of Diamonds in the world. At the same year, Diamonds was the 525th most exported product in Austria. The main destination of Diamonds exports from Austria are: United States ($21.8M), Switzerland ($1.24M), Belgium ($946k), Israel ($722k), and Germany ($364k).

The fastest growing export markets for Diamonds of Austria between 2022 and 2023 were United States ($20.5M), Switzerland ($470k), and Belgium ($186k).

Imports In 2023, Austria imported $26.5M in Diamonds, becoming the 40th largest importer of Diamonds in the world. At the same year, Diamonds was the 649th most imported product in Austria. Austria imports Diamonds primarily from: Belgium ($8.81M), Germany ($6.41M), Switzerland ($3.67M), India ($2.71M), and Israel ($1.59M).

The fastest growing import markets in Diamonds for Austria between 2022 and 2023 were Belgium ($2.88M), Switzerland ($2.52M), and United Kingdom ($1.01M).

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)$25.7M
IMPORTS (2023)$26.5M
NET TRADE (2023)-$800k

In 2023, Austria exported $25.7M in Diamonds. The main destinations of Austria exports on Diamonds were United States ($21.8M), Switzerland ($1.24M), Belgium ($946k), Israel ($722k), and Germany ($364k).

In 2023, Austria imported $26.5M in Diamonds, mainly from Belgium ($8.81M), Germany ($6.41M), Switzerland ($3.67M), India ($2.71M), and Israel ($1.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Austria WERE (2022 - 2023):
United States$20.5M (1.55k%)
Switzerland$470k (60.8%)
Belgium$186k (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Austria WERE (2022 - 2023):
Malta-$11.9M (-100%)
Germany-$440k (-54.7%)
Hong Kong-$395k (-83.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Diamonds were:
In 2023, Austria' 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+ $1.93M
TOP IMPORT POTENTIALBelgium+ $4.74M

Diamonds’s highest export potential is United States. With an export gap of $1.93M.   Diamonds’s highest import potential is Belgium with an import gap of $4.74M.

See methodology.

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