HS4 subsector intelligence

Diamonds
HS4 7102 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 71021995-2024 coverageRapid decline
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$76.2BGlobal subsector value
02

Annual change

-16%Latest year on year
03

Exporters

152Active reporting countries
04

Importers

150Active reporting countries
05

HS6 products

5Classifications inside HS4

The subsector read

$76.2B in trade, with -12.5% annualized growth over three years.

Diamonds is recorded across 2,154 active corridors, with 152 exporters and 150 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $16.6B1996: $18.9B1997: $19.3B1998: $19.2B1999: $46.5B2000: $60.9B2001: $51.4B2002: $59.5B2003: $62.7B2004: $75.9B2005: $92.6B2006: $86.4B2007: $97.2B2008: $109.0B2009: $84.3B2010: $122.7B2011: $166.1B2012: $131.0B2013: $143.6B2014: $142.8B2015: $122.1B2016: $126.4B2017: $128.2B2018: $129.0B2019: $108.4B2020: $72.9B2021: $114.0B2022: $125.3B2023: $100.6B2024: $76.2B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1United Arab EmiratesAREIndiaIND$6.4B-8.9%42,204 kmNo
2IndiaINDUSA, Puerto Rico and US Virgin IslandsUSA$4.8B-22.2%511,771 kmNo
3IsraelISRUSA, Puerto Rico and US Virgin IslandsUSA$3.8B-8.2%39,135 kmYes
4IndiaINDIndiaIND$2.9B+0%4682 kmNo
5IndiaINDUnited Arab EmiratesARE$2.9B+8.5%32,204 kmNo
6USA, Puerto Rico and US Virgin IslandsUSAChina, Hong Kong Special Administrative RegionHKG$2.2B+17.1%412,979 kmNo
7IndiaINDBelgiumBEL$1.6B-11.6%36,422 kmNo
8China, Hong Kong Special Administrative RegionHKGUnited Arab EmiratesARE$1.5B+19.9%35,962 kmNo
9USA, Puerto Rico and US Virgin IslandsUSAIsraelISR$1.5B-9.9%39,135 kmYes
10United Arab EmiratesAREChina, Hong Kong Special Administrative RegionHKG$1.4B+3.5%45,962 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndiaIND$16.8B1005
2United Arab EmiratesARE$11.1B695
3USA, Puerto Rico and US Virgin IslandsUSA$7.1B1045
4BelgiumBEL$6.6B805
5China, Hong Kong Special Administrative RegionHKG$6.0B775
6IsraelISR$5.6B685
7South AfricaZAF$4.0B465
8BotswanaBWA$3.7B435
9RussiaRUS$2.1B165
10CanadaCAN$2.0B435
Top importers2024 ranking
RankCountryImportsPartnersHS6
1IndiaIND$16.5B575
2USA, Puerto Rico and US Virgin IslandsUSA$12.9B865
3United Arab EmiratesARE$10.9B605
4China, Hong Kong Special Administrative RegionHKG$7.8B585
5BelgiumBEL$7.5B625
6IsraelISR$4.3B435
7ChinaCHN$3.0B305
8Switzerland, LiechtensteinCHE$1.8B495
9BotswanaBWA$1.5B225
10ThailandTHA$1.3B575

HS6 product coverage

The products inside HS4 7102

Six-digit classifications make the subsector specific. Browse the product workspace ↗

5 classifications shownDiamonds
01
Diamonds: whether or not worked, but not mounted or set, unsortedHS6 710210
02
Diamonds: industrial, unworked or simply sawn, cleaved or bruted, but not mounted or setHS6 710221
03
Diamonds: industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setHS6 710229
04
Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or setHS6 710231
05
Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setHS6 710239

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.