2022
Exports
$1.09BWorld Rnk 16 / 136
Flag Rnk 1 / 1081
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$68.3MWorld Rnk 37 / 159
Flag Rnk 18 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $1.09B in Diamonds, making it the 16th largest exporter of Diamonds in the world. At the same year, Diamonds was the 1st most exported product in Namibia. The main destination of Diamonds exports from Namibia are: Botswana ($376M), United Arab Emirates ($217M), Belgium ($124M), United States ($96M), and Hong Kong ($92.6M).

The fastest growing export markets for Diamonds of Namibia between 2021 and 2022 were Botswana ($88.3M), Hong Kong ($62.6M), and Israel ($33.5M).

Imports In 2022, Namibia imported $68.3M in Diamonds, becoming the 37th largest importer of Diamonds in the world. At the same year, Diamonds was the 18th most imported product in Namibia. Namibia imports Diamonds primarily from: Botswana ($59.1M), Belgium ($4.46M), South Africa ($2.12M), India ($994k), and United States ($926k).

The fastest growing import markets in Diamonds for Namibia between 2021 and 2022 were Belgium ($3.07M), India ($457k), and Hong Kong ($353k).

Latest Trends

Aug 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)$1.09B
IMPORTS (2022)$68.3M
NET TRADE (2022)$1.03B

In 2022, Namibia exported $1.09B in Diamonds. The main destinations of Namibia exports on Diamonds were Botswana ($376M), United Arab Emirates ($217M), Belgium ($124M), United States ($96M), and Hong Kong ($92.6M).

In 2022, Namibia imported $68.3M in Diamonds, mainly from Botswana ($59.1M), Belgium ($4.46M), South Africa ($2.12M), India ($994k), and United States ($926k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Botswana$88.3M (30.7%)
Hong Kong$62.6M (209%)
Israel$33.5M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Namibia WERE (2021 - 2022):
Japan-$98.9k (-71.2%)
Ireland-$1.72k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Diamonds were:
In 2022, Namibia'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+ $61.4M
TOP IMPORT POTENTIALIndia+ $2.28M

Diamonds’s highest export potential is United States. With an export gap of $61.4M.   Diamonds’s highest import potential is India with an import gap of $2.28M.

See methodology.

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