India Diamonds HS7102 Import Data 2025 August Overview

India Diamonds (HS 7102) 2025 August Import: Key Takeaways

India’s HS Code 7102 diamond imports in August 2025 reveal a market dominated by the UAE, supplying 47.87% of volume but at lower unit prices, indicating rough or lower-grade diamonds. The U.S. and Belgium contribute higher-value shipments, while buyer concentration remains a risk. This analysis, covering 2025 August, is based on processed Customs data from the yTrade database.

India Diamonds (HS 7102) 2025 August Import Background

What is HS Code 7102?

HS Code 7102 covers diamonds, whether or not worked, but not mounted or set, including industrial and gem-grade variants. These diamonds are critical inputs for jewelry manufacturing, precision cutting tools, and high-tech industries, driving consistent global demand due to their durability and versatility. India, a major hub for diamond processing and trade, relies heavily on imports under this code to feed its export-oriented gem and jewelry sector.

Current Context and Strategic Position

In August 2025, external trade conditions shifted as the U.S. imposed reciprocal tariffs of up to 50% on Indian gems and jewelry, including HS Code 7102, citing India’s energy trade with Russia [Intoglo]. While India’s import policy for diamonds remains stable with a 10% basic customs duty [SEAIR], the U.S. tariffs threaten India’s export competitiveness. As the world’s largest diamond processor, India’s imports under HS Code 7102 in 2025 are pivotal for sustaining its export pipeline, necessitating close monitoring of trade policy impacts.

India Diamonds (HS 7102) 2025 August Import: Trend Summary

Key Observations

In August 2025, India's import of diamonds under HS Code 7102 was valued at $1.41 billion, marking a significant decrease from the previous month's performance. This figure highlights a notable shift in trade activity for this period.

Price and Volume Dynamics

The import value for August dropped by approximately 31% compared to July's $2.05 billion, indicating a sharp month-over-month decline. This reduction aligns with typical diamond industry cycles, where import fluctuations often stem from seasonal demand variations in jewelry manufacturing and export preparation. For instance, the spike in March to $2.92 billion likely reflected stock replenishment ahead of peak seasons, but the August slump suggests a disruption in this pattern, possibly due to external trade pressures rather than inherent seasonal trends.

External Context and Outlook

The August downturn coincides with the imposition of U.S. tariffs on Indian imports, including gems and jewelry under HS Code 7102, as detailed in [Trump's Tariff Hike on India Explained]. These tariffs, implemented in August 2025, eroded export competitiveness, reducing demand for raw diamond imports into India. Moving forward, the trade landscape remains volatile, with potential continued impacts on India Diamonds HS Code 7102 Import 2025 August flows due to ongoing geopolitical tensions and policy responses.

India Diamonds (HS 7102) 2025 August Import: HS Code Breakdown

Product Specialization and Concentration

In August 2025, India's diamond imports under HS Code 7102 show strong concentration in non-industrial unworked diamonds. According to yTrade data, the sub-code 71023100 for "Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set" dominates with a 60% value share, despite a lower unit price of $146 per unit, indicating high volume trade in raw materials.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two main groups: worked non-industrial diamonds with higher unit prices around $2,039 per unit, and industrial diamonds with much lower unit prices under $17 per unit. This structure points to a differentiated goods market where value escalates significantly with cutting and processing, rather than fungible bulk trading.

Strategic Implication and Pricing Power

For India Diamonds HS Code 7102 Import in 2025 August, the high unit price disparity underscores pricing power in value-added stages, suggesting import strategies should prioritize sourcing raw diamonds for domestic processing to capture margins. External factors like stable import policies support a focus on efficient supply chain management for cost control.

Check Detailed HS 7102 Breakdown

India Diamonds (HS 7102) 2025 August Import: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, India's diamond imports under HS Code 7102 are highly concentrated, with the United Arab Emirates dominating as the top supplier, accounting for 47.87% of the import value. The value ratio of 47.87% is lower than the quantity ratio of 72.65%, indicating a lower unit price and suggesting that imports from UAE consist mainly of rough or lower-grade diamonds. Other key suppliers include the United States and Belgium, with value ratios of 11.61% and 11.53% respectively, pointing to higher-value diamond imports.

Partner Countries Clusters and Underlying Causes

The supplier countries form three clusters based on trade patterns. First, the UAE stands out with high volume but lower value, likely due to its role as a global hub for rough diamond trade. Second, the United States and Belgium show high value with moderate quantity, reflecting their positions as centers for polished and high-end diamonds. Third, countries like Botswana and Russia contribute with steady supplies, often linked to diamond mining origins, though with varying value ratios.

Forward Strategy and Supply Chain Implications

For importers, focusing on UAE offers cost-effective rough diamonds, but quality checks are essential. Diversifying sources to mining countries like Botswana can secure raw materials. India's import duty remains stable at around 10%, as per [EximGuru], ensuring predictable costs. However, external challenges such as US tariffs on Indian diamond exports may affect overall trade dynamics, requiring adaptive sourcing strategies for India Diamonds HS Code 7102 Import in 2025 August.

Table: India Diamonds (HS 7102) Top Partner Countries (Source: yTrade)

Get Complete Partner Countries Profile

India Diamonds (HS 7102) 2025 August Import: Action Plan for Diamonds Market Expansion

Strategic Supply Chain Overview

India's diamond imports under HS Code 7102 in August 2025 reveal a market driven by two key price factors. First, the quality and grade of diamonds determine unit price, with unworked diamonds averaging $146 and worked diamonds over $2,039. Second, geopolitical and policy risks, like U.S. tariffs, impact overall trade stability. The supply chain implication is clear: India acts as a global processing hub, importing rough diamonds for value-added cutting and polishing. This reliance on raw material imports, especially from the UAE, requires strong supply security and cost control.

Action Plan: Data-Driven Steps for Diamonds Market Execution

• Use HS code sub-category data to prioritize sourcing of unworked diamonds (71023100). This ensures lower import costs and higher margin capture through domestic processing.
• Analyze buyer frequency and value data to lock in contracts with high-value, high-frequency buyers. This secures stable revenue and reduces market volatility.
• Diversify import sources using geographic trade data, adding mining countries like Botswana. This mitigates over-reliance on UAE and ensures raw material quality.
• Monitor real-time policy updates, such as U.S. tariff changes, to adjust pricing strategies. This avoids unexpected cost spikes and maintains competitive advantage.

Take Action Now —— Explore India Diamonds Import Data

Frequently Asked Questions

Q1. What is driving the recent changes in India Diamonds Import 2025 August?

India's diamond imports dropped 31% month-over-month to $1.41 billion in August 2025, likely due to U.S. tariffs reducing export demand and disrupting typical seasonal trade cycles.

Q2. Who are the main partner countries in this India Diamonds Import 2025 August?

The UAE dominates with 47.87% of import value, followed by the U.S. (11.61%) and Belgium (11.53%), reflecting a mix of rough and high-grade diamond suppliers.

Q3. Why does the unit price differ across India Diamonds Import 2025 August partner countries?

Unit prices vary because the UAE primarily supplies unworked diamonds at $146/unit, while the U.S. and Belgium export processed diamonds averaging $2,039/unit.

Q4. What should importers in India focus on when buying Diamonds?

Importers should prioritize sourcing raw diamonds from the UAE for cost efficiency while diversifying to mining countries like Botswana to secure stable supply chains.

Q5. What does this India Diamonds import pattern mean for overseas suppliers?

Suppliers like the UAE benefit from high-volume demand for rough diamonds, while high-value exporters (U.S./Belgium) cater to niche markets for processed stones.

Q6. How is Diamonds typically used in this trade flow?

India imports mostly unworked diamonds (60% share) for domestic cutting and polishing, leveraging its processing industry to add value before re-export.