2022
Exports
$47.2MWorld Rnk 36 / 136
Flag Rnk 127 / 1100
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$33.3MWorld Rnk 42 / 159
Flag Rnk 484 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $47.2M in Diamonds, making it the 36th largest exporter of Diamonds in the world. At the same year, Diamonds was the 127th most exported product in Saudi Arabia. The main destination of Diamonds exports from Saudi Arabia are: Singapore ($31.7M), United Kingdom ($14.1M), Hong Kong ($1.26M), Belgium ($109k), and United States ($80.4k).

The fastest growing export markets for Diamonds of Saudi Arabia between 2021 and 2022 were Singapore ($15M), United Kingdom ($14M), and Hong Kong ($1.25M).

Imports In 2022, Saudi Arabia imported $33.3M in Diamonds, becoming the 42nd largest importer of Diamonds in the world. At the same year, Diamonds was the 484th most imported product in Saudi Arabia. Saudi Arabia imports Diamonds primarily from: United Arab Emirates ($19.3M), India ($7.95M), Bahrain ($3.17M), Belgium ($2.13M), and Hong Kong ($618k).

The fastest growing import markets in Diamonds for Saudi Arabia between 2021 and 2022 were Bahrain ($3.17M), Belgium ($1.67M), and Hong Kong ($166k).

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)$47.2M
IMPORTS (2022)$33.3M
NET TRADE (2022)$14M

In 2022, Saudi Arabia exported $47.2M in Diamonds. The main destinations of Saudi Arabia exports on Diamonds were Singapore ($31.7M), United Kingdom ($14.1M), Hong Kong ($1.26M), Belgium ($109k), and United States ($80.4k).

In 2022, Saudi Arabia imported $33.3M in Diamonds, mainly from United Arab Emirates ($19.3M), India ($7.95M), Bahrain ($3.17M), Belgium ($2.13M), and Hong Kong ($618k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Singapore$15M (89.7%)
United Kingdom$14M (16.7k%)
Hong Kong$1.25M (76.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Saudi Arabia WERE (2021 - 2022):
United States-$5.31M (-98.5%)
France-$3.57M (-100%)
Switzerland-$1.25M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Diamonds were:
In 2022, Saudi Arabia'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 Kingdom+ $2.52M
TOP IMPORT POTENTIALUnited Arab Emirates+ $14.4M

Diamonds’s highest export potential is United Kingdom. With an export gap of $2.52M.   Diamonds’s highest import potential is United Arab Emirates with an import gap of $14.4M.

See methodology.

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