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Who buys India’s diamonds? Export destinations 2024

In 2024, India exported $17.3 billion of diamonds (26 tonnes), 23.4% of the world total. Its main destinations were the United States (39%), Hong Kong (19%) and the United Arab Emirates (11%). India was the world’s largest exporter of diamonds.

Summary

Value
$17.3billion
Tonnes
26tonnes
Share of world total
23.4%
World rank
1st
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 States6.7Tonnes: 1USD per tonne: $6,004,447,24839.1%Air
Hong Kong re-exports3.3Tonnes: 1USD per tonne: $3,182,484,87919.4%Air
United Arab Emirates1.9Tonnes: 1USD per tonne: $1,279,633,67311.1%Air
Belgium re-exports1.5Tonnes: 1USD per tonne: $1,484,033,4268.9%Air
Israel0.58Tonnes: 1USD per tonne: $994,813,2713.4%Air
China0.48Tonnes: 0USD per tonne: $1,820,147,4852.8%Land
Thailand0.41Tonnes: 0USD per tonne: $2,796,232,7662.4%Air
Japan0.33Tonnes: 0USD per tonne: $1,616,756,9951.9%Air
United Kingdom0.23Tonnes: 0USD per tonne: $471,372,8741.3%Air
Switzerland0.21Tonnes: 0USD per tonne: $8,539,812,0421.2%Air
France0.19Tonnes: 4USD per tonne: $47,806,9421.1%Air
Turkey0.16Tonnes: 1USD per tonne: $214,443,7070.93%Air
Australia0.13Tonnes: 0USD per tonne: $7,684,015,1180.76%Air
Italy0.12Tonnes: 2USD per tonne: $74,091,9750.69%Air
Botswana0.12Tonnes: 0USD per tonne: $23,471,679,6000.68%Air
Canada0.1Tonnes: 0USD per tonne: $5,458,368,0000.6%Air
Armenia0.09Tonnes: 0USD per tonne: $854,992,2760.52%Air
Singapore re-exports0.09Tonnes: 0USD per tonne: $1,915,876,8480.51%Air
Mexico0.07Tonnes: 1USD per tonne: $127,545,6970.39%Air
Germany0.06Tonnes: 0USD per tonne: $2,115,420,5770.32%Air

Trend

Who it sells to

The United States has been its main destination since 2018

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

  • United States 6.7
  • Hong Kong 3.3
  • United Arab Emirates 1.9
  • Belgium 1.5
  • Israel 0.58

Source: CEPII BACI

Show the numbers
Partner19952024
United States1.46.7
Hong Kong1.23.3
United Arab Emirates0.011.9
Belgium0.761.5
Israel0.110.58

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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