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710239 (Harmonized System 1992 for 6-digit)

2023
World Trade $63BRnk 46 / 4644
2023
Top Exporter | Top Importer $20.2B | $18.1BIndia | United States
2023
Product Complexity -0.48Rnk 3187 / 4656
2022 - 2023
Export Growth (CAGR) -23%Rnk 3896 / 4644
2023
Share of World Trade 0.28%Rnk 46 / 4644

About

Overview This page contains the latest trade data of Diamonds (jewellery) worked but not mounted or set. In 2023, Diamonds (jewellery) worked but not mounted or set were the world's 46th most traded product, with a total trade of $63B. Between 2022 and 2023 the exports of Diamonds (jewellery) worked but not mounted or set decreased by -23%, from $81.9B to $63B. Trade in Diamonds (jewellery) worked but not mounted or set represent 0.28% of total world trade.

Diamonds (jewellery) worked but not mounted or set are a part of Diamonds.

Exports In 2023 the top exporters of Diamonds (jewellery) worked but not mounted or set  were India ($20.2B), Israel ($8.82B), Belgium ($7.73B), United States ($5.98B), and South Africa ($4.59B).

Imports In 2023 the top importers of Diamonds (jewellery) worked but not mounted or set were United States ($18.1B), Hong Kong ($14.5B), United Arab Emirates ($6.12B), China ($4.5B), and Belgium ($3.69B).

Ranking Diamonds (jewellery) worked but not mounted or set ranks 3187th in the Product Complexity Index (PCI).

Description Diamonds are often used in jewellery that is not mounted or set, such as diamond stud earrings, or to be set in a ring, set in a necklace, or set in a bracelet.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Diamonds (jewellery) worked but not mounted or set. 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 (2023)India$20.2B
Top Destination (2023)United States$18.1B

In 2023 Diamonds (jewellery) worked but not mounted or set were the world's 46th most traded product (out of 4,644).

In 2023, the top exporters of Diamonds (jewellery) worked but not mounted or set were India ($20.2B), Israel ($8.82B), Belgium ($7.73B), United States ($5.98B), and South Africa ($4.59B).

In 2023, the top importers of Diamonds (jewellery) worked but not mounted or set were United States ($18.1B), Hong Kong ($14.5B), United Arab Emirates ($6.12B), China ($4.5B), and Belgium ($3.69B).

Explore Visualizations

Exporters of Diamonds (jewellery) worked but not mounted or set (2023)
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Importers of Diamonds (jewellery) worked but not mounted or set (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$366M
Top Destination Growth (2022 -  2023)Qatar$317M

Between 2022 and 2023, the exports of Diamonds (jewellery) worked but not mounted or set grew the fastest in Hong Kong ($366M), United Arab Emirates ($281M), Armenia ($184M), Australia ($56.5M), and Cambodia ($29M).

Between 2022 and 2023, the fastest growing importers of Diamonds (jewellery) worked but not mounted or set were Qatar ($317M), Zambia ($146M), Japan ($129M), France ($115M), and South Africa ($86.5M).

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Exporters of Diamonds (jewellery) worked but not mounted or set (2022 - 2023)

Importers of Diamonds (jewellery) worked but not mounted or set (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Diamonds (jewellery) worked but not mounted or set.

In 2023, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Diamonds (jewellery) worked but not mounted or set are explained by 10 countries.

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Value of Exports in Diamonds (jewellery) worked but not mounted or set

Net Trade

TOP NET EXPORTER (2023)India$18B
TOP NET IMPORTER (2023)United States$12.1B

This map shows which countries export or import more of Diamonds (jewellery) worked but not mounted or set. Each country is colored based on the difference in exports and imports of Diamonds (jewellery) worked but not mounted or set during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Diamonds (jewellery) worked but not mounted or set were India ($18B), Israel ($5.78B), South Africa ($4.44B), Belgium ($4.04B), and Botswana ($1.07B).

In 2023, the countries that had a largest trade value in imports than in exports of Diamonds (jewellery) worked but not mounted or set were United States ($12.1B), Hong Kong ($11.6B), China ($2.97B), United Arab Emirates ($2.93B), and Switzerland ($762M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Diamonds (jewellery) worked but not mounted or set.
It is possible to select the main countries that export or import Diamonds (jewellery) worked but not mounted or set in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Diamonds (jewellery) worked but not mounted or set 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 (2023)

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