2023
Exports
$1.67MWorld Rnk 64 / 135
Flag Rnk 875 / 1189
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$46.9MWorld Rnk 36 / 158
Flag Rnk 615 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $1.67M in Diamonds, making it the 64th largest exporter of Diamonds in the world. At the same year, Diamonds was the 875th most exported product in Mexico. The main destination of Diamonds exports from Mexico are: United States ($1.32M), United Kingdom ($167k), Singapore ($66.7k), Colombia ($35.9k), and Hong Kong ($26.5k).

The fastest growing export markets for Diamonds of Mexico between 2022 and 2023 were United Kingdom ($100k), Colombia ($35.9k), and Hong Kong ($26.5k).

Imports In 2023, Mexico imported $46.9M in Diamonds, becoming the 36th largest importer of Diamonds in the world. At the same year, Diamonds was the 615th most imported product in Mexico. Mexico imports Diamonds primarily from: United States ($21.2M), Canada ($13.5M), India ($7.9M), Israel ($3.22M), and Belgium ($587k).

The fastest growing import markets in Diamonds for Mexico between 2022 and 2023 were India ($6.87M), Israel ($1.29M), and Belgium ($15.3k).

Latest Trends

Jan 2025

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)$1.67M
IMPORTS (2023)$46.9M
NET TRADE (2023)-$45.3M

In 2023, Mexico exported $1.67M in Diamonds. The main destinations of Mexico exports on Diamonds were United States ($1.32M), United Kingdom ($167k), Singapore ($66.7k), Colombia ($35.9k), and Hong Kong ($26.5k).

In 2023, Mexico imported $46.9M in Diamonds, mainly from United States ($21.2M), Canada ($13.5M), India ($7.9M), Israel ($3.22M), and Belgium ($587k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United Kingdom$100k (150%)
Colombia$35.9k (1%)
Hong Kong$26.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Mexico WERE (2022 - 2023):
United States-$2.12M (-61.6%)
Singapore-$20.6k (-23.6%)
Ireland-$16.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Diamonds were:
In 2023, Mexico'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+ $5.6M
TOP IMPORT POTENTIALUnited States+ $32.8M

Diamonds’s highest export potential is United States. With an export gap of $5.6M.   Diamonds’s highest import potential is United States with an import gap of $32.8M.

See methodology.

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