Diamonds trade by country: top importers, exporters and prices
World trade in diamonds was worth $73.52 billion in 2024, about 8.4 thousand tonnes. That is a fall of 33% since 2017, and down 27% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $73.52B | 8.4K t |
| 2023 | $100.09B | 154 t |
| 2022 | $130.10B | 208 t |
| 2021 | $120.09B | 376 t |
| 2020 | $77.39B | 415 t |
| 2019 | $106.53B | 2.1K t |
| 2018 | $123.69B | 4.6K t |
| 2017 | $110.43B | 4.3K t |
Top diamonds exporting countries
Exports are led by India (23%), Belgium (11%) and the United Arab Emirates (11%). 120 countries reported exports, and the top three account for 44%.
| Exporter | Value | Share |
|---|---|---|
| India | $16.62B | 23% |
| Belgium | $8.23B | 11% |
| United Arab Emirates | $7.78B | 11% |
| United States | $6.62B | 9% |
| Israel | $6.06B | 8.3% |
| Hong Kong | $4.94B | 6.7% |
| South Africa | $3.76B | 5.1% |
| Angola | $3.37B | 4.6% |
| Botswana | $2.74B | 3.7% |
| Canada | $2.10B | 2.9% |
| Russia | $1.74B | 2.4% |
| Switzerland | $1.28B | 1.7% |
Top importing countries and buyer markets
India is the biggest buyer with 19% of world imports, ahead of the United States and Hong Kong. Demand is concentrated: the top three take 54% across 140 importing countries.
| Importer | Value | Share |
|---|---|---|
| India | $14.25B | 19% |
| United States | $13.12B | 18% |
| Hong Kong | $12.33B | 17% |
| United Arab Emirates | $10.16B | 14% |
| Belgium | $6.70B | 9.1% |
| Israel | $3.20B | 4.4% |
| China | $2.95B | 4% |
| Switzerland | $1.71B | 2.3% |
| Botswana | $1.37B | 1.9% |
| United Kingdom | $1.15B | 1.6% |
| France | $1.03B | 1.4% |
| Thailand | $856.1M | 1.2% |
Average price per kg
The world average declared value was about $8,800.22 per kg in 2024.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7102: Diamonds, whether or not worked, but not mounted or set. HS 7102 codes.
Common questions
Which countries export the most diamonds?
India exported $16.62 billion in 2024, 23% of the world total, followed by Belgium (11%) and the United Arab Emirates (11%). In all, 120 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most diamonds?
India imported $14.25 billion in 2024, 19% of world imports, ahead of the United States (18%) and Hong Kong (17%). The top three importers together take 54%. Each country with its own page is linked from the table.
How big is the world trade in diamonds?
It was worth $73.52 billion in 2024, about 8.4 thousand tonnes. That is a fall of 33% since 2017. The peak year was 2022 at $130.10 billion. 120 countries reported exports and 140 reported imports.
What is the average price of diamonds per kg?
The world average declared value was about $8,800.22 per kg in 2024. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for diamonds?
The HS code for diamonds is heading 7102, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 7102 page.
How can I find diamonds buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
See what your buyers are buying.Then decide.
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