2022
Exports
$4.04BWorld Rnk 10 / 136
Flag Rnk 6 / 1177
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$14.3BWorld Rnk 4 / 159
Flag Rnk 8 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $4.04B in Diamonds, making it the 10th largest exporter of Diamonds in the world. At the same year, Diamonds was the 6th most exported product in Hong Kong. The main destination of Diamonds exports from Hong Kong are: India ($1.34B), Thailand ($502M), Israel ($495M), China ($463M), and United Arab Emirates ($330M).

The fastest growing export markets for Diamonds of Hong Kong between 2021 and 2022 were Thailand ($432M), United Arab Emirates ($169M), and United States ($112M).

Imports In 2022, Hong Kong imported $14.3B in Diamonds, becoming the 4th largest importer of Diamonds in the world. At the same year, Diamonds was the 8th most imported product in Hong Kong. Hong Kong imports Diamonds primarily from: India ($5.2B), China ($1.9B), United States ($1.88B), United Arab Emirates ($1.39B), and Israel ($882M).

The fastest growing import markets in Diamonds for Hong Kong between 2021 and 2022 were United States ($432M), Angola ($247M), and Botswana ($189M).

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)$4.04B
IMPORTS (2022)$14.3B
NET TRADE (2022)-$10.2B

In 2022, Hong Kong exported $4.04B in Diamonds. The main destinations of Hong Kong exports on Diamonds were India ($1.34B), Thailand ($502M), Israel ($495M), China ($463M), and United Arab Emirates ($330M).

In 2022, Hong Kong imported $14.3B in Diamonds, mainly from India ($5.2B), China ($1.9B), United States ($1.88B), United Arab Emirates ($1.39B), and Israel ($882M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Thailand$432M (613%)
United States$112M (94.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Hong Kong WERE (2021 - 2022):
India-$854M (-39%)
United Kingdom-$123M (-55.9%)
Belgium-$76.9M (-36.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Diamonds were:
In 2022, Hong Kong'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 POTENTIALChina+ $225M
TOP IMPORT POTENTIALSouth Africa+ $74.8M

Diamonds’s highest export potential is China. With an export gap of $225M.   Diamonds’s highest import potential is South Africa with an import gap of $74.8M.

See methodology.

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