U.S. Exports And Reexports Of Diamond (Exclusive Of Industrial Diamond), By Country Or Locality

This table presents detailed data on the quantity and value of U.S. exports and reexports of non-industrial diamonds, broken down by country or locality for the years 2020 and 2021. This information is crucial for understanding the dynamics of the diamond trade, which plays a significant role in the U.S. economy and the global supply chain for luxury goods and industrial applications. Tracking these flows helps identify key trading partners, market trends, and shifts in demand or supply, which can influence pricing, trade policies, and industry strategies.

Analysis of the data reveals a substantial increase in the total quantity of diamonds exported by the U.S., rising from 1.18 million carats in 2020 to 2.27 million carats in 2021, while the total export value decreased from $1.05 billion to $698 million. Notably, exports to Australia surged dramatically from 1,380 carats valued at $5.93 million in 2020 to 358,000 carats worth $12.6 million in 2021. Hong Kong remained a dominant destination, with exports increasing from 233,000 carats valued at $114 million to 488,000 carats valued at $140 million. Reexports also grew significantly, with total quantities rising from 5.01 million carats to 10.6 million carats and values increasing from $9.35 billion to $14.1 billion. India led reexports in both years, with quantities climbing from 1.99 million carats to 3.11 million carats and values soaring from $2.7 billion to $5.17 billion. Belgium and Israel also maintained prominent roles in reexports, reflecting their importance as global diamond trading hubs. These trends highlight the expanding scale and shifting patterns in the U.S. diamond trade network.