2022
Exports
$713MWorld Rnk 18 / 136
Flag Rnk 93 / 1176
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$564MWorld Rnk 17 / 159
Flag Rnk 127 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $713M in Diamonds, making it the 18th largest exporter of Diamonds in the world. At the same year, Diamonds was the 93rd most exported product in Vietnam. The main destination of Diamonds exports from Vietnam are: United States ($336M), Singapore ($261M), Italy ($75.1M), Belgium ($21.6M), and Canada ($7.84M).

The fastest growing export markets for Diamonds of Vietnam between 2021 and 2022 were United States ($286M), Singapore ($261M), and Canada ($5.38M).

Imports In 2018, Vietnam imported $564M in Diamonds, becoming the 17th largest importer of Diamonds in the world. At the same year, Diamonds was the 127th most imported product in Vietnam. Vietnam imports Diamonds primarily from: United States ($130M), Belgium ($112M), India ($87.3M), Mauritius ($77.4M), and Israel ($30.1M).

The fastest growing import markets in Diamonds for Vietnam between 2021 and 2022 were India ($73.3M), United States ($32.3M), and Mauritius ($19.3M).

Latest Trends

Jul 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)$713M
IMPORTS (2022)$564M
NET TRADE (2022)$149M

In 2022, Vietnam exported $713M in Diamonds. The main destinations of Vietnam exports on Diamonds were United States ($336M), Singapore ($261M), Italy ($75.1M), Belgium ($21.6M), and Canada ($7.84M).

In 2022, Vietnam imported $564M in Diamonds, mainly from United States ($130M), Belgium ($112M), India ($87.3M), Mauritius ($77.4M), and Israel ($30.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$286M (574%)
Singapore$261M (3.26M%)
Canada$5.38M (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Vietnam WERE (2021 - 2022):
Italy-$3.83M (-4.86%)
Spain-$2.5M (-41.2%)
Japan-$421k (-79.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Diamonds were:
In 2022, Vietnam'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 States+ $45.1M
TOP IMPORT POTENTIALIndia+ $62.5M

Diamonds’s highest export potential is United States. With an export gap of $45.1M.   Diamonds’s highest import potential is India with an import gap of $62.5M.

See methodology.

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