2022
Exports
$1.39BWorld Rnk 15 / 136
Flag Rnk 39 / 1198
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$1.92BWorld Rnk 11 / 159
Flag Rnk 28 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.39B in Diamonds, making it the 15th largest exporter of Diamonds in the world. At the same year, Diamonds was the 39th most exported product in Singapore. The main destination of Diamonds exports from Singapore are: India ($354M), Israel ($209M), United Arab Emirates ($187M), Hong Kong ($179M), and Belgium ($171M).

The fastest growing export markets for Diamonds of Singapore between 2021 and 2022 were India ($213M), United States ($96.1M), and South Africa ($51.8M).

Imports In 2022, Singapore imported $1.92B in Diamonds, becoming the 11th largest importer of Diamonds in the world. At the same year, Diamonds was the 28th most imported product in Singapore. Singapore imports Diamonds primarily from: India ($385M), Botswana ($380M), Belgium ($290M), Vietnam ($261M), and Israel ($189M).

The fastest growing import markets in Diamonds for Singapore between 2021 and 2022 were Vietnam ($261M), India ($234M), and Belgium ($161M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.39B
IMPORTS (2022)$1.92B
NET TRADE (2022)-$535M

In 2022, Singapore exported $1.39B in Diamonds. The main destinations of Singapore exports on Diamonds were India ($354M), Israel ($209M), United Arab Emirates ($187M), Hong Kong ($179M), and Belgium ($171M).

In 2022, Singapore imported $1.92B in Diamonds, mainly from India ($385M), Botswana ($380M), Belgium ($290M), Vietnam ($261M), and Israel ($189M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$213M (152%)
United States$96.1M (2.18k%)
South Africa$51.8M (67.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Singapore WERE (2021 - 2022):
Belgium-$61.3M (-26.4%)
United Arab Emirates-$7.74M (-3.97%)
China-$496k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Diamonds were:
In 2022, Singapore's main importing competitors in Diamonds were:

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $102M
TOP IMPORT POTENTIALIndia+ $126M

Diamonds’s highest export potential is India. With an export gap of $102M.   Diamonds’s highest import potential is India with an import gap of $126M.

See methodology.

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