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Stones; diamonds, n.e.c. in heading 7104, worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport

710491 (Harmonized System 2022 for 6-digit)

2023
World Trade $2.61BRnk 1269 / 5606
2023
Top Exporter | Top Importer $1.62B | $1.08BIndia | United States
2023
Product Complexity 0.32Rnk 2405 / 5606
2022 - 2023
Export Growth (CAGR) -1.19%Rnk 2151 / 5606
2023
Share of World Trade 0.012%Rnk 1269 / 5606

About

Overview This page contains the latest trade data of Worked diamonds and ungraded synthetic stones not strung, mounted, or set. In 2023, Worked diamonds and ungraded synthetic stones not strung, mounted, or set were the world's 1269th most traded product, with a total trade of $2.61B. Between 2022 and 2023 the exports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set decreased by -1.19%, from $2.64B to $2.61B. Trade in Worked diamonds and ungraded synthetic stones not strung, mounted, or set represent 0.012% of total world trade.

Worked diamonds and ungraded synthetic stones not strung, mounted, or set are a part of Synthetic Reconstructed Jewellery Stones.

Exports In 2023 the top exporters of Worked diamonds and ungraded synthetic stones not strung, mounted, or set  were India ($1.62B), China ($409M), United States ($241M), United Arab Emirates ($82M), and Belgium ($49.9M).

Imports In 2023 the top importers of Worked diamonds and ungraded synthetic stones not strung, mounted, or set were United States ($1.08B), Hong Kong ($682M), United Arab Emirates ($290M), India ($108M), and Belgium ($48.3M).

Ranking Worked diamonds and ungraded synthetic stones not strung, mounted, or set ranks 2405th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Worked diamonds and ungraded synthetic stones not strung, 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

Year
Top Origin (2023)India$1.62B
Top Destination (2023)United States$1.08B

In 2023 Worked diamonds and ungraded synthetic stones not strung, mounted, or set were the world's 1269th most traded product (out of 5,606).

In 2023, the top exporters of Worked diamonds and ungraded synthetic stones not strung, mounted, or set were India ($1.62B), China ($409M), United States ($241M), United Arab Emirates ($82M), and Belgium ($49.9M).

In 2023, the top importers of Worked diamonds and ungraded synthetic stones not strung, mounted, or set were United States ($1.08B), Hong Kong ($682M), United Arab Emirates ($290M), India ($108M), and Belgium ($48.3M).

Explore Visualizations

Exporters of Worked diamonds and ungraded synthetic stones not strung, mounted, or set (2023)
[Click to Select a Country]

Importers of Worked diamonds and ungraded synthetic stones not strung, mounted, or set (2023)
[Click to Select a Country]

Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)China$86.6M
Top Destination Growth (2022 -  2023)Hong Kong$192M

Between 2022 and 2023, the exports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set grew the fastest in China ($86.6M), Belgium ($31M), United Arab Emirates ($30M), Armenia ($22.2M), and South Africa ($13.3M).

Between 2022 and 2023, the fastest growing importers of Worked diamonds and ungraded synthetic stones not strung, mounted, or set were Hong Kong ($192M), United Arab Emirates ($28M), China ($24.2M), Armenia ($20.5M), and Russia ($19.4M).

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Exporters of Worked diamonds and ungraded synthetic stones not strung, mounted, or set (2022 - 2023)

Importers of Worked diamonds and ungraded synthetic stones not strung, mounted, or set (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set.

In 2023, market concentration measured using Shannon Entropy, was 2.03. This means that most of the exports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set are explained by 4 countries.

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Value of Exports in Worked diamonds and ungraded synthetic stones not strung, mounted, or set

Net Trade

Year
TOP NET EXPORTER (2023)India$1.51B
TOP NET IMPORTER (2023)United States$839M

This map shows which countries export or import more of Worked diamonds and ungraded synthetic stones not strung, mounted, or set. Each country is colored based on the difference in exports and imports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set were India ($1.51B), China ($365M), South Africa ($10.3M), Ireland ($5.16M), and Armenia ($4.77M).

In 2023, the countries that had a largest trade value in imports than in exports of Worked diamonds and ungraded synthetic stones not strung, mounted, or set were United States ($839M), Hong Kong ($644M), United Arab Emirates ($208M), Australia ($34M), and United Kingdom ($31.4M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Worked diamonds and ungraded synthetic stones not strung, mounted, or set.
It is possible to select the main countries that export or import Worked diamonds and ungraded synthetic stones not strung, mounted, or set in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Worked diamonds and ungraded synthetic stones not strung, mounted, or set by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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