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Who buys Hong Kong’s diamonds? Export destinations 2024

In 2024, Hong Kong exported $4.8 billion of diamonds (5 tonnes), 6.5% of the world total. Its main destinations were the United Arab Emirates (43%), India (19%) and Israel (10%). Hong Kong was the world’s 6th-largest exporter of diamonds.

Summary

Value
$4.8billion
Tonnes
5tonnes
Share of world total
6.5%
World rank
6th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United Arab Emirates2.1Tonnes: 3USD per tonne: $729,808,69943.1%Air
India0.94Tonnes: 1USD per tonne: $1,782,433,52319.5%Air
Israel0.47Tonnes: 0USD per tonne: $4,264,886,0009.8%Air
Switzerland0.47Tonnes: 0USD per tonne: $77,853,058,6679.7%Air
United States0.21Tonnes: 0USD per tonne: $7,883,925,4624.3%Air
Vietnam0.12Tonnes: 0USD per tonne: $4,806,766,2802.5%Air
China0.11Tonnes: 0USD per tonne: $3,075,168,5432.2%Land
Thailand0.1Tonnes: 0USD per tonne: $1,598,930,8852%Air
Belgium re-exports0.09Tonnes: 0USD per tonne: $697,828,6721.9%Air
Macao0.06Tonnes: 0USD per tonne: $378,926,9481.2%Air
United Kingdom0.04Tonnes: 0USD per tonne: $857,588,2570.74%Air
Malaysia0.03Tonnes: 0USD per tonne: $6,803,899,0000.58%Air
Japan0.02Tonnes: 0USD per tonne: $1,158,596,3330.37%Air
Indonesia0.02Tonnes: 1USD per tonne: $28,302,3200.32%Air
Armenia0.01Tonnes: 0USD per tonne: $419,270,6670.26%Air
Netherlands re-exports0.01Tonnes: 0USD per tonne: $37,681,0500.2%Air
Taiwan0.01Tonnes: 0USD per tonne: $983,252,2220.19%Air
Australia0.01Tonnes: 0USD per tonne: $8,929,646,0000.19%Air
South Korea0.01Tonnes: 0USD per tonne: $30,986,8740.18%Air
Singapore re-exports0.01Tonnes: 0USD per tonne: $5,469,342,0000.16%Air

Trend

Who it sells to

The United Arab Emirates has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • United Arab Emirates 2.1
  • India 0.94
  • Israel 0.47
  • Switzerland 0.47
  • United States 0.21

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates0.032.1
India0.260.94
Israel0.040.47
Switzerland0.020.47
United States0.110.21

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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