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710229 (Harmonized System 1992 for 6-digit)

2022
World Trade $326MRnk 3336 / 4648
2022
Top Exporter | Top Importer $59.9M | $125MBotswana | Cambodia
2022
Product Complexity -0.85Rnk 3649 / 4653
2021 - 2022
Export Growth (CAGR) 80.3%Rnk 77 / 4648
2022
Share of World Trade 0.0014%Rnk 3336 / 4648

About

Overview This page contains the latest trade data of Diamonds industrial, worked. In 2022, Diamonds industrial, worked were the world's 3336th most traded product, with a total trade of $326M. Between 2021 and 2022 the exports of Diamonds industrial, worked grew by 80.3%, from $181M to $326M. Trade in Diamonds industrial, worked represent 0.0014% of total world trade.

Diamonds industrial, worked are a part of Diamonds.

Exports In 2022 the top exporters of Diamonds industrial, worked  were Botswana ($59.9M), India ($55.9M), Belgium ($28.2M), United States ($23.4M), and Cambodia ($22.1M).

Imports In 2022 the top importers of Diamonds industrial, worked were Cambodia ($125M), United States ($30.4M), Russia ($21.6M), Indonesia ($20.5M), and Hong Kong ($19.3M).

Ranking Diamonds industrial, worked ranks 3649th in the Product Complexity Index (PCI).

Description Diamonds are used in many industrial processes, such as cutting, grinding, and drilling. The hardness of diamonds make them perfect for these tasks. They are also able to withstand high temperatures.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Diamonds industrial, worked. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Botswana$59.9M
Top Destination (2022)Cambodia$125M

In 2022 Diamonds industrial, worked were the world's 3336th most traded product (out of 4,648).

In 2022, the top exporters of Diamonds industrial, worked were Botswana ($59.9M), India ($55.9M), Belgium ($28.2M), United States ($23.4M), and Cambodia ($22.1M).

In 2022, the top importers of Diamonds industrial, worked were Cambodia ($125M), United States ($30.4M), Russia ($21.6M), Indonesia ($20.5M), and Hong Kong ($19.3M).

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Exporters of Diamonds industrial, worked (2022)
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Importers of Diamonds industrial, worked (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Botswana$46.7M
Top Destination Growth (2021 -  2022)Cambodia$93.1M

Between 2021 and 2022, the exports of Diamonds industrial, worked grew the fastest in Botswana ($46.7M), India ($29M), Armenia ($21.6M), Cambodia ($16.5M), and Belgium ($16M).

Between 2021 and 2022, the fastest growing importers of Diamonds industrial, worked were Cambodia ($93.1M), Russia ($21.5M), United States ($15M), United Arab Emirates ($14.4M), and Lebanon ($9.5M).

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Exporters of Diamonds industrial, worked (2021 - 2022)

Importers of Diamonds industrial, worked (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Diamonds industrial, worked.

In 2022, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Diamonds industrial, worked are explained by 15 countries.

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Value of Exports in Diamonds industrial, worked

Net Trade

TOP NET EXPORTER (2022)Botswana$59.9M
TOP NET IMPORTER (2022)Cambodia$103M

This map shows which countries export or import more of Diamonds industrial, worked. Each country is colored based on the difference in exports and imports of Diamonds industrial, worked during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Diamonds industrial, worked were Botswana ($59.9M), India ($53.9M), Armenia ($21.3M), Belgium ($20.4M), and Zimbabwe ($14.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Diamonds industrial, worked were Cambodia ($103M), Russia ($21.2M), Indonesia ($20.1M), United Arab Emirates ($16.2M), and Hong Kong ($16.2M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Diamonds industrial, worked.
It is possible to select the main countries that export or import Diamonds industrial, worked in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Diamonds industrial, worked by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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