2022
Exports
$201MWorld Rnk 26 / 136
Flag Rnk 18 / 1074
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$202MWorld Rnk 25 / 159
Flag Rnk 14 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $201M in Diamonds, making it the 26th largest exporter of Diamonds in the world. At the same year, Diamonds was the 18th most exported product in Sri Lanka. The main destination of Diamonds exports from Sri Lanka are: Israel ($141M), Switzerland ($19.3M), India ($14.7M), Hong Kong ($13.4M), and Belgium ($8.75M).

The fastest growing export markets for Diamonds of Sri Lanka between 2021 and 2022 were Israel ($31.9M), Switzerland ($8.14M), and India ($7.35M).

Imports In 2022, Sri Lanka imported $202M in Diamonds, becoming the 25th largest importer of Diamonds in the world. At the same year, Diamonds was the 14th most imported product in Sri Lanka. Sri Lanka imports Diamonds primarily from: Israel ($101M), India ($46.5M), United Arab Emirates ($24.8M), Switzerland ($13.3M), and Belgium ($6.61M).

The fastest growing import markets in Diamonds for Sri Lanka between 2021 and 2022 were India ($30.9M), Israel ($19.5M), and Switzerland ($2.46M).

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)$201M
IMPORTS (2022)$202M
NET TRADE (2022)-$1.35M

In 2022, Sri Lanka exported $201M in Diamonds. The main destinations of Sri Lanka exports on Diamonds were Israel ($141M), Switzerland ($19.3M), India ($14.7M), Hong Kong ($13.4M), and Belgium ($8.75M).

In 2022, Sri Lanka imported $202M in Diamonds, mainly from Israel ($101M), India ($46.5M), United Arab Emirates ($24.8M), Switzerland ($13.3M), and Belgium ($6.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Israel$31.9M (29.3%)
Switzerland$8.14M (73.1%)
India$7.35M (99.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Sri Lanka WERE (2021 - 2022):
Germany-$201k (-99.4%)
Thailand-$67.5k (-5.48%)
France-$57.8k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Diamonds were:
In 2022, Sri Lanka'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 POTENTIALIndia+ $26.4M
TOP IMPORT POTENTIALIndia+ $34.2M

Diamonds’s highest export potential is India. With an export gap of $26.4M.   Diamonds’s highest import potential is India with an import gap of $34.2M.

See methodology.

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