Diamond Imports by Country

Diamonds on display

Diamonds on display

Global purchases of imported diamonds cost an estimated total US$126 billion in 2018.

Overall, the value of diamonds bought by all importing countries dropped by an average -8.7% since 2014 when diamond purchases cost $138.1 billion. Year over year, imported diamonds depreciated by a modest -2.2% from 2017 to 2018.

From a continental perspective, Asian countries spent the most on imported diamonds during 2018 with purchases costing $77 billion or 61.1% of the global total. In second place were North American importers at 19.8% while 17% of worldwide diamond imports were delivered to European countries.

Smaller percentages went to Africa (1.5%), Oceania (0.4%) and Latin America (0.1%) excluding Mexico but including the Caribbean.

The 4-digit Harmonized Tariff System code prefix is 7102 for non-mounted and unset diamonds.

Diamond Imports by Country

Top 15

Below are the 15 countries that imported the highest dollar value worth of diamonds during 2018.

  1. India: US$26.7 billion (21.2% of total imported diamonds)
  2. United States: $24.4 billion (19.4%)
  3. Hong Kong: $20.9 billion (16.6%)
  4. Belgium: $13.9 billion (11%)
  5. China: $8.9 billion (7%)
  6. United Arab Emirates: $7.9 billion (6.3%)
  7. Israel: $6.5 billion (5.2%)
  8. United Kingdom: $2.8 billion (2.2%)
  9. Switzerland: $2.5 billion (2%)
  10. Thailand: $2.2 billion (1.7%)
  11. Singapore: $1.5 billion (1.2%)
  12. Botswana: $1.2 billion (0.9%)
  13. France: $1 billion (0.8%)
  14. Japan: $885.2 million (0.7%)
  15. South Africa: $649.1 million (0.5%)

Among the above countries, the fastest-growing markets for diamonds since 2014 were: Thailand (up 123.1%), India (up 23.6%), United Kingdom (up 13.3%) and France (up 8.4%).

Those countries that posted declines in their imported diamonds purchases were led by: Botswana (down -56.4%), United Arab Emirates (down -38.1%), Belgium (down -29.9%) and Israel (down -29.8%).

The listed 15 countries purchased 96.7% of all diamond imports in 2018.

India

Diamond Imports into India

Below are the top 15 suppliers from which India imported the highest dollar value worth of diamonds during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Belgium: US$6.1 billion (down -35.8% from 2014)
  2. United Arab Emirates: $4.9 billion (up 18.1%)
  3. United States: $4.3 billion (up 535.8%)
  4. Hong Kong: $3.4 billion (up 35.5%)
  5. Russia: $1.5 billion (up 92.6%)
  6. Botswana: $1.1 billion (up 13%)
  7. Israel: $952.9 million (down -20.7%)
  8. Canada: $451 million (up 83.7%)
  9. South Africa: $425.5 million (up 306.5%)
  10. Singapore: $302.4 million (up 23.1%)
  11. Angola: $247.7 million (up 134.4%)
  12. United Kingdom: $212.8 million (up 2,666%)
  13. Thailand: $138.9 million (up 581.7%)
  14. Japan: $123.7 million (up 330.7%)
  15. Switzerland: $70 million (down -55.7%)

The listed 15 countries shipped 90.6% of India’s diamonds imported in 2018.

Among the above countries, the fastest-growing suppliers of diamonds to India since 2014 were: United Kingdom (up 2,666%), Thailand (up 581.7%), United States (up 535.8%) and Japan (up 330.7%).

Three countries experienced declines in the value of their diamonds supplied to Indian importers namely: Switzerland (down -55.7%), Belgium (down -35.8%) and Israel (down -20.7%).

Overall, the value of India’s diamonds imports rose by an average 23.6% from all supplying countries since 2014 when diamonds purchases were valued at $21.6 billion.

USA

Diamond Imports into the United States

Below are the top 15 suppliers from which the United States imported the highest dollar value worth of diamonds during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. India: US$9.3 billion (up 20.4% from 2014)
  2. Israel: $7.7 billion (down -18.6%)
  3. Belgium: $3 billion (down -26.6%)
  4. South Africa: $1.2 billion (up 3.5%)
  5. Switzerland: $499.5 million (up 5.9%)
  6. Botswana: $468.4 million (up 50.1%)
  7. Russia: $324.5 million (up 91.8%)
  8. Hong Kong: $265.6 million (down -25.9%)
  9. China: $237.4 million (down -39.7%)
  10. United Kingdom: $203.8 million (up 88.9%)
  11. Angola: $197.9 million (up 3,214%)
  12. Canada: $154 million (down -41.1%)
  13. United Arab Emirates: $140 million (up 94.6%)
  14. Namibia: $99.2 million (down -3.3%)
  15. Lesotho: $98.5 million (up 35.9%)

The listed 15 countries shipped 97.9% of United States’ diamonds imported in 2018.

Among the above countries, the fastest-growing suppliers of diamonds to United States since 2014 were: Angola (up 3,214%), United Arab Emirates (up 94.6%), Russia (up 91.8%) and United Kingdom (up 88.9%).

Countries that experienced declines in the value of their diamonds supplied to American importers included: Canada (down -41.1%), China (down -39.7%), Belgium (down -26.6%) and Hong Kong (down -25.9%).

Overall, the value of America’s imported diamonds fell by an average -3.1% from all supplying countries since 2014 when diamonds purchases were valued at $25.2 billion.

Hong Kong

Diamond Imports into Hong Kong

Below are the top 15 suppliers from which Hong Kong imported the highest dollar value worth of diamonds during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. India: US$8.9 billion (up 3.7% from 2014)
  2. Belgium: $2.3 billion (down -17.5%)
  3. United States: $2 billion (down -5%)
  4. Israel: $1.9 billion (down -33.3%)
  5. United Arab Emirates: $1.5 billion (down -8%)
  6. China: $1.5 billion (up 10.2%)
  7. Switzerland: $489.6 million (up 10.5%)
  8. Thailand: $466.7 million (up 19.5%)
  9. Singapore: $347.6 million (up 32.8%)
  10. Japan: $346.4 million (down -15.8%)
  11. Botswana: $337 million (up 26.1%)
  12. United Kingdom: $211.1 million (up 45.8%)
  13. Russia: $187.6 million (up 6.1%)
  14. France: $187.3 million (down -10.9%)
  15. South Africa: $50.6 million (down -67.8%)

The listed 15 countries shipped 98.8% of Hong Kong’s diamonds imported in 2018.

Among the above countries, the fastest-growing suppliers of diamonds to Hong Kong since 2014 were: United Kingdom (up 45.8%), Singapore (up 32.8%), Botswana (up 26.1%) and Thailand (up 19.5%).

Countries that experienced declines in the value of their diamonds supplied to Hong Kong importers included: South Africa (down -67.8%), Israel (down -33.3%), Belgium (down -17.5%) and Japan (down -15.8%).

Overall, the value of Hong Kong’s diamonds imports dropped by an average -4.8% from all supplying countries since 2014 when diamonds purchases were valued at $21.9 billion.

Belgium

Diamond Imports into Belgium

Below are the top 15 suppliers from which Belgium imported the highest dollar value worth of diamonds during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Russia: US$3.3 billion (down -8.4% from 2014)
  2. United Arab Emirates: $2 billion (down -29.7%)
  3. India: $1.7 billion (down -29.1%)
  4. Botswana: $1.4 billion (down -36.6%)
  5. United Kingdom: $738.9 million (down -10.8%)
  6. Hong Kong: $709.6 million (down -39.1%)
  7. South Africa: $695.9 million (up 14.3%)
  8. Israel: $496.9 million (down -55%)
  9. Angola: $431.8 million (down -32.8%)
  10. Lesotho: $405.4 million (up 24.4%)
  11. Canada: $395.3 million (down -57.9%)
  12. Singapore: $248.4 million (up 25.2%)
  13. Thailand: $215 million (down -33.3%)
  14. United States: $181.6 million (down -39.7%)
  15. Namibia: $133.8 million (up 88.8%)

The listed 15 countries shipped 94.8% of Belgium’s diamonds imported in 2018.

Four among the above countries expanded their supplies of diamonds to Belgium since 2014 namely: Namibia (up 88.8%), Singapore (up 25.2%), Lesotho (up 24.4%) and South Africa (up 14.3%).

Countries that experienced declines in the value of their diamonds supplied to Belgian importers included: Canada (down -57.9%), Israel (down -55%), United States (down -39.7%) and Hong Kong (down -39.1%).

Overall, the value of Belgium’s diamonds imports shrank by an average -29.9% from all supplying countries since 2014 when diamonds purchases were valued at $19.8 billion.



 

Searchable List of Diamonds Importing Countries in 2018

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankImporterDiamond Imports (US$)%World Total
1.India$26.7 billion21.2%
2.United States$24.4 billion19.4%
3.Hong Kong$20.9 billion16.6%
4.Belgium$13.9 billion11%
5.China$8.9 billion7%
6.United Arab Emirates$7.9 billion6.3%
7.Israel$6.5 billion5.2%
8.United Kingdom$2.8 billion2.2%
9.Switzerland$2.5 billion2%
10.Thailand$2.2 billion1.7%
11.Singapore$1.5 billion1.2%
12.Botswana$1.2 billion0.9%
13.France$1 billion0.8%
14.Japan$885.2 million0.7%
15.South Africa$649.1 million0.5%
16.Italy$647.4 million0.5%
17.Australia$430.4 million0.3%
18.Lebanon$401.9 million0.3%
19.Canada$377.7 million0.3%
20.Germany$296.2 million0.2%
21.Vietnam$295 million0.2%
22.Turkey$175.2 million0.1%
23.Armenia$172.3 million0.1%
24.Russia$135.3 million0.1%
25.Mexico$105.7 million0.1%
26.Sri Lanka$92.8 million0.1%
27.Mauritius$89.5 million0.1%
28.Taiwan$82.2 million0.1%
29.Cambodia$67.9 million0.1%
30.South Korea$66.2 million0.1%
31.Malaysia$61.1 million0.05%
32.Curaçao$54.4 million0.04%
33.Spain$46 million0.04%
34.Panama$39.4 million0.03%
35.Austria$38.2 million0.03%
36.Indonesia$32.6 million0.03%
37.Netherlands$32.3 million0.03%
38.New Zealand$28.9 million0.02%
39.Ireland$25.3 million0.02%
40.Laos$24 million0.02%
41.Bahrain$18.4 million0.01%
42.Qatar$17.1 million0.01%
43.Brazil$16.3 million0.01%
44.Denmark$13.7 million0.01%
45.Poland$13.2 million0.01%
46.Namibia$13.2 million0.01%
47.Nepal$12.3 million0.01%
48.British Virgin Islands$12 million0.01%
49.Czech Republic$11.9 million0.01%
50.Aruba$10.8 million0.01%
51.Sweden$9.7 million0.01%
52.Greece$8.2 million0.01%
53.Norway$6.9 million0.01%
54.Dominican Republic$6.6 million0.01%
55.Saudi Arabia$6.1 million0.00%
56.Cyprus$5.2 million0.004%
57.Morocco$4.8 million0.004%
58.Finland$4.2 million0.003%
59.Ukraine$3.3 million0.003%
60.Luxembourg$2.7 million0.002%
61.Myanmar (Burma)$2.6 million0.002%
62.Slovenia$2.6 million0.002%
63.Bahamas$2.3 million0.002%
64.Jamaica$2 million0.002%
65.Peru$1.7 million0.001%
66.Andorra$1.6 million0.001%
67.Jordan$1.6 million0.001%
68.Cayman Islands$1.6 million0.001%
69.Liberia$1.5 million0.001%
70.Sierra Leone$1.4 million0.001%
71.Portugal$1.3 million0.001%
72.Macao$1.3 million0.001%
73.Egypt$1.2 million0.001%
74.Philippines$939,0000.001%
75.Iran$920,0000.001%
76.Serbia$879,0000.001%
77.Slovakia$876,0000.001%
78.Honduras$845,0000.001%
79.St Kitts/Nevis$786,0000.001%
80.Oman$765,0000.001%
81.Croatia$749,0000.001%
82.Romania$731,0000.001%
83.Hungary$730,0000.001%
84.Malta$718,0000.001%
85.Kuwait$612,0000.0005%
86.Colombia$591,0000.0005%
87.Turks/Caicos Islands$579,0000.0005%
88.Gibraltar$564,0000.0004%
89.Eswatini$540,0000.0004%
90.Barbados$538,0000.0004%
91.Tunisia$491,0000.0004%
92.Bermuda$490,0000.0004%
93.Chile$364,0000.0003%
94.New Caledonia$356,0000.0003%
95.Bulgaria$351,0000.0003%
96.Iceland$334,0000.0003%
97.Lithuania$270,0000.0002%
98.Antigua/Barbuda$265,0000.0002%
99.Estonia$252,0000.0002%
100.Bolivia$223,0000.0002%
101.El Salvador$211,0000.0002%
102.Democr. Rep. Congo$146,0000.0001%
103.Saint Lucia$138,0000.0001%
104.Zambia$138,0000.0001%
105.Kazakhstan$125,0000.0001%
106.Bangladesh$114,0000.0001%
107.Costa Rica$94,0000.0001%
108.Trinidad/Tobago$93,0000.0001%
109.Guatemala$74,0000.0001%
110.North Korea$74,0000.0001%
111.Papua New Guinea$59,0000.00005%
112.French Polynesia$57,0000.00005%
113.Timor-Leste$48,0000.00004%
114.Uruguay$47,0000.00004%
115.Georgia$44,0000.00003%
116.Albania$44,0000.00003%
117.Congo$43,0000.00003%
118.Belize$41,0000.00003%
119.Latvia$32,0000.00003%
120.Mali$32,0000.00003%
121.Tanzania$29,0000.00002%
122.North Macedonia$20,0000.00002%
123.Suriname$20,0000.00002%
124.Ivory Coast$19,0000.00002%
125.Seychelles$19,0000.00002%
126.Ecuador$17,0000.00001%
127.Fiji$13,0000.00001%
128.Azerbaijan$12,0000.00001%
129.Vanuatu$9,0000.00001%
130.Moldova$8,0000.00001%
131.Mongolia$7,0000.00001%
132.Benin$4,0000.000003%
133.Algeria$3,0000.000002%
134.Iraq$2,0000.000002%


See also Diamonds Exports by Country, America’s Top Trading Partners and Exported Paintings and Drawings by Country

Research Sources:
Investopedia, Net Exports Definition. Accessed on May 3, 2019

The World Factbook, Field Listing: Imports – Commodities, Central Intelligence Agency. Accessed on May 3, 2019

Trade Map, International Trade Centre. Accessed on May 3, 2019