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2022
Exports $24.2MWorld Rnk 44 / 136
Flag Rnk 631 / 1213
2022
Destination $149k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $149kIsrael
2022
PRODUCT COMPLEXITY IN Diamonds-1.32Rnk 916 / 1025
2022
Imports $149MWorld Rnk 27 / 159
Flag Rnk 295 / 1211
2022
Origin $34.3M India
2021 - 2022
FASTEST GROWING ORIGIN $34.3MIndia
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $24.2M in Diamonds, making it the 44th largest exporter of Diamonds in the world. At the same year, Diamonds was the 631st most exported product in Turkey. The main destination of Diamonds exports from Turkey are: United Arab Emirates ($19.2M), United States ($1.51M), Belgium ($1.41M), Hong Kong ($590k), and India ($464k).

The fastest growing export markets for Diamonds of Turkey between 2021 and 2022 were Israel ($149k), Australia ($127k), and Libya ($105k).

Imports In 2022, Turkey imported $149M in Diamonds, becoming the 27th largest importer of Diamonds in the world. At the same year, Diamonds was the 295th most imported product in Turkey. Turkey imports Diamonds primarily from: India ($107M), Belgium ($22.9M), United Arab Emirates ($9.71M), United States ($3.97M), and Hong Kong ($1.85M).

The fastest growing import markets in Diamonds for Turkey between 2021 and 2022 were India ($34.3M), Belgium ($4.58M), and United States ($1.61M).

Latest Trends

Oct 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)$24.2M
IMPORTS (2022)$149M
NET TRADE (2022)-$125M

In 2022, Turkey exported $24.2M in Diamonds. The main destinations of Turkey exports on Diamonds were United Arab Emirates ($19.2M), United States ($1.51M), Belgium ($1.41M), Hong Kong ($590k), and India ($464k).

In 2022, Turkey imported $149M in Diamonds, mainly from India ($107M), Belgium ($22.9M), United Arab Emirates ($9.71M), United States ($3.97M), and Hong Kong ($1.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Israel$149k (316%)
Australia$127k (307%)
Libya$105k (455%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Turkey WERE (2021 - 2022):
United Arab Emirates-$4.43M (-18.7%)
Singapore-$441k (-99.9%)
United States-$364k (-19.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Diamonds were:
India $25.9B
United Arab Emirates $15.5B
Belgium $14.7B
In 2022, Turkey's main importing competitors in Diamonds were:
India $26.1B
United States $20.3B
United Arab Emirates $17.5B

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $3.77M
TOP IMPORT POTENTIALIndia+ $47.2M

Diamonds’s highest export potential is United Arab Emirates. With an export gap of $3.77M.   Diamonds’s highest import potential is India with an import gap of $47.2M.

See methodology.

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