Diamonds in Nepal | The Observatory of Economic Complexity

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Pricing

2022
Exports $113kWorld Rnk 0 / 0
Flag

Rnk 0 / 0

falsefalseN/A

2023
PRODUCT COMPLEXITY IN Diamonds-1.54Rnk 950 / 1025

2022
Imports $24.1MWorld Rnk 42 / 158
Flag

Rnk 80 / 1139

Image 1

Image by Jeffrey Beall
Link: https://flic.kr/p/dVa8hm

Image 2

Image by Jana Reifegerste
Link: https://flic.kr/p/neTpDu

Historical Data
Potential Exports

About

Imports In 2023, Nepal imported $24.1M in Diamonds, becoming the 42nd largest importer of Diamonds in the world. At the same year, Diamonds was the 80th most imported product in Nepal. Nepal imports Diamonds primarily from: India ($23.1M) and United Arab Emirates ($953k).

The fastest growing import markets in Diamonds for Nepal between 2022 and 2023 were India ($10.8M) and United Arab Emirates ($506k).

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$113k

IMPORTS (2023)$24.1M

NET TRADE (2023)-$24.1M

In 2023, Nepal imported $24.1M in Diamonds, mainly from India ($23.1M) and United Arab Emirates ($953k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Nepal WERE (N/A - 2022):

Australia-$93.5k (-100%)

Hong Kong-$19.6k (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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LinePlot

StackedArea

Flow

Export

Import

Type

Value

In 2023, Nepal's main exporting competitors in Diamonds were:

India $21B

Belgium $11.6B

United Arab Emirates $11.4B

In 2023, Nepal's main importing competitors in Diamonds were:

United States $18.4B

United Arab Emirates $16.7B

India $15.8B

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Trade Value of Diamonds by Exporters

Potential Exports

Flow

Exports

Imports

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TOP EXPORT POTENTIALHong Kong+ $57.6k

TOP IMPORT POTENTIALIndia+ $14M

Diamonds’s highest export potential is Hong Kong. With an export gap of $57.6k. Diamonds’s highest import potential is India with an import gap of $14M.

See methodology.

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