The vulnerable availability of diamonds in the mining area is one of the factors that promote the nation's overall export growth rate to a huge extent. The proactive contribution of the mining sector towards its exports has boosted the hike from 2019 onwards with a staggering export trade rate of approximately 500 million US dollars worth a value of 1.9 million carats of diamonds, representing an upward growth of around 80 million from the previous year's. The different initiatives and government corporations set up by the authorities like Diamond Corporation - a joint venture between De Beers and the government of Namibia is driving up the production amount by modernization of the advanced mining techniques.
The growing diamond export trade rate of Namibia due to the increase in global demands from the trade management authorities has made the country record a staggering export trade value of 1.5 billion US dollars in 2023. The innovative pricing strategies adopted by the major players and the investment made towards the modernization of the infrastructure has been promoting the export trade rate which is expected to reach severe heights in the upcoming times.
According to the Namibia Export Data, the top 10 leading diamond exports of Namibia in 2023 are,
1. Gem Quality Diamonds - The total value of Gem Quality Diamonds export from Namibia in 2023 - 341 million US dollars.
2. Industrial Diamonds - The total value of Industrial Diamonds export from Namibia in 2023 - 227 million US dollars.
3. Polished Diamonds - The total value of Polished Diamonds export from Namibia in 2023 - 212 million US dollars.
4. Rough Diamonds - The total value of Rough Diamonds export from Namibia in 2023 - 154 million US dollars.
5. Uncut Diamonds - The total value of Uncut Diamonds export from Namibia in 2023 - 142 million US dollars.
6. Fancy Colored Diamonds - The total value of Fancy Colored Diamonds export from Namibia in 2023 - 128 million US dollars.
7. Small Diamonds - The total value of Small Diamonds export from Namibia in 2023 - 126 million US dollars.
8. Medium-sized Diamonds - The total value of Medium-sized Diamonds export from Namibia in 2023 - 121 million US dollars.
9. Large Diamonds - The total value of Large Diamonds export from Namibia in 2023 - 108 million US dollars.
10. Investment Diamonds - The total value of Investment Diamonds export from Namibia in 2023 - 102 million US dollars.
The favorable business climate and the rich diamond reserves present in the land area of Namibia have been promoting the overall export revenue via valuable productions. According to the Namibia Trade Data, the top 10 export trade partners of Namibia in 2023 are,
1. United States - According to USA Import Data, the valuation of the diamonds export from Namibia in 2023 - 476 million US dollars.
Leading diamond export variants from Namibia
• Lightest Rough Diamond
• Pink Princess Cut Diamond
• Blue Heart Diamond
• Namibian Belle
• Flawless Fancy Yellow
2. India - According to India Import Data, the valuation of the diamonds export from Namibia in 2023 - 364 million US dollars.
Leading diamond export variants from Namibia
• Rough Diamonds
• Polished Diamonds
• Industrial Diamonds
• Special Cut Diamonds
• Fancy Shaped Diamonds
3. China - According to China Import Data, the valuation of the diamonds export from Namibia in 2023 - 287 million US dollars.
Leading diamond export variants from Namibia
• Pink Diamonds
• White Diamonds
• Fancy Yellow Diamonds
• Cushion Cut Diamonds
• Diamond Jewelry Pieces
4. United Arab Emirates - According to United Arab Emirates Import Data, the valuation of the diamonds export from Namibia in 2023 - 224 million US dollars.
Leading diamond export variants from Namibia
• The "Namibian Blue" Diamond
• The "Desert Rose" Diamond
• The "Orion" Diamond
• The "Sossusvlei Sunset" Diamond
• The "Namibian Sunrise" Diamond
5. Belgium - According to Belgium Import Data, the valuation of the diamonds export from Namibia in 2023 - 218 million US dollars.
Leading diamond export variants from Namibia
• Rough Diamonds
• Polished Diamonds
• Industrial Diamonds
• Semi-Polished Diamonds
• Gold and Diamond Jewelry
6. Israel - According to Israel Import Data, the valuation of the diamonds export from Namibia in 2023 - 187 million US dollars.
Leading diamond export variants from Namibia
• The Oranjemund Diamond
• The Hope Star Diamond
• The Drukkersteen Diamond
• The Helam Mine Diamonds
• The Elizabeth Bay Diamond
7. Hong Kong - According to Hong Kong Import Data, the valuation of the diamonds export from Namibia in 2023 - 142 million US dollars.
Leading diamond export variants from Namibia
• The Jubilee Diamond
• The Blue Moon of Josephine
• The Moussaieff Red Diamond
• The Pink Star Diamond
• The Oppenheimer Blue Diamond
8. Thailand - According to Thailand Import Data, the valuation of the diamonds export from Namibia in 2023 - 124 million US dollars.
Leading diamond export variants from Namibia
• Rough Diamonds
• Cut and Polished Diamonds
• Industrial Diamonds
• Fancy Colored Diamonds
• Synthetic Diamonds
9. Switzerland - According to Switzerland Import Data, the valuation of the diamonds export from Namibia in 2023 - 107 million US dollars.
Leading diamond export variants from Namibia
• High-quality Rough Diamonds
• Large-sized Diamonds
• Ethical Mining Practices
• Diamond Cutting and Polishing Industry
• Strategic Trade Relations
10. South Africa - According to South Africa Import Data, the valuation of the diamonds export from Namibia in 2023 - 105 million US dollars.
Leading diamond export variants from Namibia
• The Pink Star Diamond
• The Lesedi La Rona Diamond
• The Ooh! LaLa Rough White Diamond
• The Graff Venus Diamond
• The Oppenheimer Blue Diamond
Que. What is the total export trade value of diamonds exported from Namibia in 2023?
Ans. The total export trade value of diamonds exported from Namibia in 2023 is 1.5 billion US dollars.
Que. What is the top diamond export of Namibia in 2023?
Ans. Gem Quality Diamonds are the top diamond export of Namibia in 2023.
Que. Name the top diamond export trade partner of Namibia in 2023.
Ans. The United States is the top diamond export trade partner of Namibia in 2023.
Que. Where can you get a detailed trade analysis of Namibia's diamond export in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Namibia's diamond export in 2023.