Sign inHS 710231
| Year | Direction | Value | Quantity | Net weight | How it was measured |
|---|---|---|---|---|---|
| 2024 | Exports | $657.1M | 6,627,511 carats | 1 t | Aggregated by UNSD |
| 2024 | Imports | $11.2B | 90,240,478 carats | 18 t | Aggregated by UNSD |
| 2023 | Imports | $13.9B | 102,765,027 carats | 20 t | Aggregated by UNSD |
| 2023 | Exports | $796.8M | 7,046,009 carats | 1 t | Aggregated by UNSD |
| 2022 | Imports | $18.1B | 114,143,182 carats | 22 t | Aggregated by UNSD · weight estimated |
| 2022 | Exports | $948.7M | 6,285,538 carats | 1 t | Aggregated by UNSD · weight estimated |
| 2021 | Exports | $882.9M | 11,020,169 carats | 2 t | Aggregated by UNSD |
| 2021 | Imports | $17.3B | 150,048,055 carats | 30 t | Aggregated by UNSD |
| 2020 | Imports | $9.3B | 103,110,679 carats | 20 t | Aggregated by UNSD |
| 2020 | Exports | $538.5M | 6,974,648 carats | 1 t | Aggregated by UNSD · weight estimated |
| 2019 | Exports | $1.2B | 13,050,467 carats | 2 t | Aggregated by UNSD |
| 2019 | Imports | $13.4B | 143,777,925 carats | 28 t | Aggregated by UNSD |
Source: UN Comtrade · https://comtradeapi.un.org. Figures are for all trading partners combined.
Nobody has published a domestic substitute for this commodity yet. Substitutes are curated, so an empty list means nothing has been recorded — not that no substitute exists.
Written by a language model over the score above. Advisory — it decides nothing and moves no figure.
A practical pathway for establishing domestic diamond manufacturing in India, evaluated at a feasibility score of 53 out of 100 based on high import dependence and existing export capability, against zero known domestic substitutes and suppliers. Establish Sourcing and Import Channels for Raw Materials: Since annual imports stand at USD 11,271,743,519 and domestic substitutes are none recorded, secure raw diamond supply chains to feed the initial commercial line. Set Up Processing and Manufacturing Infrastructure: Establish the physical facility, install cutting and polishing machinery, and hire skilled labor to leverage India's existing export capability of USD 657,194,636. Establish Supplier and Lead-Time Protocols: Develop internal tracking for production cycles since median domestic supplier lead time is not recorded and zero suppliers with a matching capability currently exist. Risks: Complete absence of known domestic substitutes and zero domestic suppliers with a matching capability. Median domestic supplier lead time is not recorded, introducing severe supply chain uncertainty. High capital expenditure risks and regulatory hurdles associated with high-value gemstone processing.
gemini-3.5-flash-lite (gemini-3.5-flash-lite) · prompt localization-narrative-v3 · 65% confidence