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Diamonds, unsorted

710210 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.34BRnk 1800 / 4644
2023
Top Exporter | Top Importer $752M | $524MCanada | Belgium
2023
Product Complexity -1.3Rnk 4098 / 4656
2022 - 2023
Export Growth (CAGR) 13.3%Rnk 499 / 4644
2023
Share of World Trade 0.0059%Rnk 1800 / 4644

About

Overview This page contains the latest trade data of Unsorted diamonds. In 2023, Unsorted diamonds were the world's 1800th most traded product, with a total trade of $1.34B. Between 2022 and 2023 the exports of Unsorted diamonds grew by 13.3%, from $1.18B to $1.34B. Trade in Unsorted diamonds represent 0.0059% of total world trade.

Unsorted diamonds are a part of Diamonds.

Exports In 2023 the top exporters of Unsorted diamonds  were Canada ($752M), South Africa ($222M), Zimbabwe ($138M), Belgium ($66.8M), and United Arab Emirates ($52.7M).

Imports In 2023 the top importers of Unsorted diamonds were Belgium ($524M), United Arab Emirates ($266M), Botswana ($253M), India ($157M), and Italy ($31.1M).

Ranking Unsorted diamonds ranks 4098th in the Product Complexity Index (PCI).

Description Diamonds are a gemstone that is popular to use in jewelry. They are a symbol of love and commitment, and are the most popular gemstone used in engagement rings. They are also used to make other types of jewelry such as rings and earrings.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Unsorted diamonds. 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)Canada$752M
Top Destination (2023)Belgium$524M

In 2023 Unsorted diamonds were the world's 1800th most traded product (out of 4,644).

In 2023, the top exporters of Unsorted diamonds were Canada ($752M), South Africa ($222M), Zimbabwe ($138M), Belgium ($66.8M), and United Arab Emirates ($52.7M).

In 2023, the top importers of Unsorted diamonds were Belgium ($524M), United Arab Emirates ($266M), Botswana ($253M), India ($157M), and Italy ($31.1M).

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Exporters of Unsorted diamonds (2023)
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Importers of Unsorted diamonds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$294M
Top Destination Growth (2022 -  2023)Belgium$233M

Between 2022 and 2023, the exports of Unsorted diamonds grew the fastest in Canada ($294M), Botswana ($26.6M), Belgium ($9.92M), United Arab Emirates ($9.1M), and Italy ($5.81M).

Between 2022 and 2023, the fastest growing importers of Unsorted diamonds were Belgium ($233M), South Africa ($22.9M), Israel ($22.4M), Botswana ($19M), and France ($6M).

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Exporters of Unsorted diamonds (2022 - 2023)

Importers of Unsorted diamonds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unsorted diamonds.

In 2023, market concentration measured using Shannon Entropy, was 2.21. This means that most of the exports of Unsorted diamonds are explained by 4 countries.

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Value of Exports in Unsorted diamonds

Net Trade

TOP NET EXPORTER (2023)Canada$752M
TOP NET IMPORTER (2023)Belgium$457M

This map shows which countries export or import more of Unsorted diamonds. Each country is colored based on the difference in exports and imports of Unsorted diamonds during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Unsorted diamonds were Canada ($752M), South Africa ($199M), Zimbabwe ($138M), Brazil ($18M), and Central African Republic ($12.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Unsorted diamonds were Belgium ($457M), Botswana ($225M), United Arab Emirates ($213M), India ($152M), and France ($23.9M).

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 Unsorted diamonds.
It is possible to select the main countries that export or import Unsorted diamonds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unsorted diamonds 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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