2023
Exports
$948MWorld Rnk 15 / 135
Flag Rnk 65 / 1212
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$1.1BWorld Rnk 10 / 158
Flag Rnk 48 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $948M in Diamonds, making it the 15th largest exporter of Diamonds in the world. At the same year, Diamonds was the 65th most exported product in Thailand. The main destination of Diamonds exports from Thailand are: Hong Kong ($529M), Belgium ($177M), United States ($53.1M), Japan ($31.2M), and United Arab Emirates ($27.2M).

The fastest growing export markets for Diamonds of Thailand between 2022 and 2023 were Hong Kong ($141M), Belgium ($92.9M), and Japan ($3.9M).

Imports In 2023, Thailand imported $1.1B in Diamonds, becoming the 10th largest importer of Diamonds in the world. At the same year, Diamonds was the 48th most imported product in Thailand. Thailand imports Diamonds primarily from: India ($513M), Israel ($158M), Hong Kong ($105M), Belgium ($89M), and United States ($67.5M).

The fastest growing import markets in Diamonds for Thailand between 2022 and 2023 were Israel ($95M), Hong Kong ($35.1M), and Turkey ($17.4M).

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)$948M
IMPORTS (2023)$1.1B
NET TRADE (2023)-$153M

In 2023, Thailand exported $948M in Diamonds. The main destinations of Thailand exports on Diamonds were Hong Kong ($529M), Belgium ($177M), United States ($53.1M), Japan ($31.2M), and United Arab Emirates ($27.2M).

In 2023, Thailand imported $1.1B in Diamonds, mainly from India ($513M), Israel ($158M), Hong Kong ($105M), Belgium ($89M), and United States ($67.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Hong Kong$141M (36.4%)
Belgium$92.9M (111%)
Japan$3.9M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Thailand WERE (2022 - 2023):
India-$689M (-96.8%)
United States-$62.1M (-53.9%)
Vietnam-$14.2M (-62%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Diamonds were:
In 2023, Thailand'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 POTENTIALIndia+ $133M
TOP IMPORT POTENTIALUnited States+ $39.1M

Diamonds’s highest export potential is India. With an export gap of $133M.   Diamonds’s highest import potential is United States with an import gap of $39.1M.

See methodology.

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