2023
Exports
$336kWorld Rnk 90 / 135
Flag Rnk 770 / 1199
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$7.03MWorld Rnk 60 / 158
Flag Rnk 687 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $336k in Diamonds, making it the 90th largest exporter of Diamonds in the world. At the same year, Diamonds was the 770th most exported product in Norway. The main destination of Diamonds exports from Norway are: Germany ($142k), United Kingdom ($59.4k), United States ($50k), Belgium ($28.8k), and Sweden ($24.6k).

The fastest growing export markets for Diamonds of Norway between 2022 and 2023 were United Kingdom ($32.9k), United States ($32.8k), and Sweden ($24.3k).

Imports In 2023, Norway imported $7.03M in Diamonds, becoming the 60th largest importer of Diamonds in the world. At the same year, Diamonds was the 687th most imported product in Norway. Norway imports Diamonds primarily from: Belgium ($2.59M), Israel ($1.77M), India ($1.7M), Germany ($432k), and China ($142k).

The fastest growing import markets in Diamonds for Norway between 2022 and 2023 were China ($137k), Turkey ($34.8k), and United Kingdom ($32.1k).

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)$336k
IMPORTS (2023)$7.03M
NET TRADE (2023)-$6.69M

In 2023, Norway exported $336k in Diamonds. The main destinations of Norway exports on Diamonds were Germany ($142k), United Kingdom ($59.4k), United States ($50k), Belgium ($28.8k), and Sweden ($24.6k).

In 2023, Norway imported $7.03M in Diamonds, mainly from Belgium ($2.59M), Israel ($1.77M), India ($1.7M), Germany ($432k), and China ($142k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Norway WERE (2022 - 2023):
United Kingdom$32.9k (124%)
United States$32.8k (190%)
Sweden$24.3k (8.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Norway WERE (2022 - 2023):
Germany-$270k (-65.5%)
Belgium-$94.1k (-76.6%)
Switzerland-$8.24k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Diamonds were:
In 2023, Norway'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 POTENTIALBelgium+ $123k
TOP IMPORT POTENTIALBelgium+ $2.08M

Diamonds’s highest export potential is Belgium. With an export gap of $123k.   Diamonds’s highest import potential is Belgium with an import gap of $2.08M.

See methodology.

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