Diamonds in India | The Observatory of Economic Complexity

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Exports In 2022, India exported $25.9B in Diamonds, making it the 1st largest exporter of Diamonds in the world. At the same year, Diamonds was the 2nd most exported product in India. The main destination of Diamonds exports from India are: United States ($9.75B), Hong Kong ($5.2B), Belgium ($2.91B), United Arab Emirates ($2.51B), and Thailand ($1.35B).

The fastest growing export markets for Diamonds of India between 2021 and 2022 were Belgium ($531M), Thailand ($316M), and United Arab Emirates ($292M).

Imports In 2022, India imported $26.1B in Diamonds, becoming the 1st largest importer of Diamonds in the world. At the same year, Diamonds was the 5th most imported product in India. India imports Diamonds primarily from: United Arab Emirates ($9.94B), United States ($5.07B), Belgium ($4.96B), Hong Kong ($1.34B), and Botswana ($1.27B).

The fastest growing import markets in Diamonds for India between 2021 and 2022 were United Arab Emirates ($1.2B), Thailand ($273M), and Singapore ($213M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Diamonds from India to the United States.

Feb 2024

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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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EXPORTS (2022)$25.9B

IMPORTS (2022)$26.1B

NET TRADE (2022)-$217M

In 2022, India exported $25.9B in Diamonds. The main destinations of India exports on Diamonds were United States ($9.75B), Hong Kong ($5.2B), Belgium ($2.91B), United Arab Emirates ($2.51B), and Thailand ($1.35B).

In 2022, India imported $26.1B in Diamonds, mainly from United Arab Emirates ($9.94B), United States ($5.07B), Belgium ($4.96B), Hong Kong ($1.34B), and Botswana ($1.27B).