India Diamonds HS7102 Import Data 2025 June Overview

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

India’s Diamonds HS Code 7102 Import in 2025 June reveals a market dominated by high-value polished stones, with INDIA sourcing 36.99% of imports by value but just 3.75% by quantity, signaling premium-grade demand. Rough diamonds flow heavily from UAE, Botswana, and Angola, offering cost-efficient bulk supply, while Canada and Russia provide mixed-grade options. This analysis, covering 2025 June, is based on cleanly processed Customs data from the yTrade database.

India Diamonds (HS 7102) 2025 June Import Background

What is HS Code 7102?

HS Code 7102 covers diamonds, whether or not worked, but not mounted or set, including both industrial and natural diamonds. These are critical inputs for India’s gem and jewelry sector, which relies on imported rough diamonds for cutting and polishing before re-export. Global demand remains stable due to their use in luxury goods, industrial tools, and high-precision manufacturing.

Current Context and Strategic Position

In June 2025, India’s diamond imports under HS Code 7102 continued under existing tariffs, with a basic customs duty of ~10% [Eximguru]. The U.S. imposed reciprocal tariffs of up to 50% on Indian gems and jewelry exports in August 2025, though this did not alter India’s import policy [Intoglo]. India’s role as a global diamond processing hub makes HS Code 7102 imports vital for sustaining its export-driven jewelry industry, necessitating close monitoring of trade policy shifts in 2025.

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

Key Observations

India Diamonds HS Code 7102 Import value for 2025 June settled at $1.80 billion, marking a continued moderation from the elevated levels seen earlier in the year. This figure reflects a typical recalibration following the first quarter’s atypical surge.

Price and Volume Dynamics

The June import value represents a sequential decline from May’s $1.85 billion, extending a downward trend from the March peak of $2.92 billion. This pattern aligns with the industry’s seasonal cycle, where Q1 often sees accelerated purchasing ahead of the fiscal year-end and festival manufacturing, followed by a mid-year consolidation phase. The 38% drop from March to June indicates a return to more normalized import rhythms after an inventory build-up, rather than a demand collapse.

External Context and Outlook

Broader trade tensions, including the U.S. imposition of reciprocal tariffs on Indian goods such as gems and jewelry [blog.intoglo.com], may be fostering caution among importers and affecting overall trade sentiment. While Indian import policy for diamonds under HS Code 7102 remains stable with duties around 10% [eximguru.com], the global tariff environment adds a layer of uncertainty. Looking ahead, India Diamonds Import flows for the remainder of 2025 will likely hinge on both holiday demand preparation and the evolution of these cross-border trade policies.

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

Product Specialization and Concentration

According to yTrade data, India's diamond imports under HS Code 7102 in June 2025 are dominated by unworked non-industrial diamonds, specifically sub-code 71023100, which holds over half of the import value. This product, described as diamonds not mounted or set, has a unit price of about 135 USD per unit, much lower than worked diamonds, highlighting a focus on raw material imports. An anomaly is present for industrial diamonds with very low unit prices, which are excluded from further analysis.

Value-Chain Structure and Grade Analysis

The imports are grouped into unworked non-industrial diamonds and worked non-industrial diamonds, with the latter having a unit price near 1327 USD per unit, indicating a clear value-add stage. Industrial diamonds form a separate, lower-value category. This setup shows that the trade involves differentiated goods based on cut and quality, not fungible bulk commodities.

Strategic Implication and Pricing Power

For importers, the heavy reliance on raw diamonds limits pricing power, while worked diamonds offer potential for higher margins. Import duties, such as the standard 10% rate for worked diamonds noted by [eximguru.com], affect cost strategies, urging a shift towards value-added products in India's diamond import market for 2025.

Check Detailed HS 7102 Breakdown

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

Geographic Concentration and Dominant Role

For India's Diamonds HS Code 7102 Import in 2025 June, the geographic spread is heavily concentrated, with INDIA as the top source by value at 36.99% share but only 3.75% by quantity. This large gap between value and quantity ratios points to high-unit-price diamonds, likely polished or high-grade stones, being imported, possibly through domestic processing or re-export channels.

Partner Countries Clusters and Underlying Causes

The supplier countries form clear groups: first, UAE, Botswana, and Angola show high quantity shares (31.39%, 17.38%, 13.03%) but lower value shares, indicating they supply rough diamonds in bulk. Second, countries like Canada and Russia have moderate shares with closer value-quantity ratios, suggesting mixed-grade diamonds. Third, others like Belgium and China Hongkong have low, balanced shares, often linked to trading hubs for specialized stones.

Forward Strategy and Supply Chain Implications

Market players should prioritize sourcing rough diamonds from Africa and UAE for cost efficiency, while high-value imports may require quality checks. Import duties for worked diamonds remain around 10%, as per existing policies [Eximguru], ensuring stable costs. Diversifying sources can mitigate risks from geopolitical or trade shifts affecting key suppliers.

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

Get Complete Partner Countries Profile

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

Strategic Supply Chain Overview

India Diamonds Import 2025 June under HS Code 7102 relies heavily on raw material sourcing. Price is driven by diamond quality and geopolitical stability in key supply regions. The market shows a clear split between low-cost rough diamonds and high-value polished stones. This creates a supply chain focused on processing raw imports into finished goods for export or domestic sale. India acts as a global diamond processing hub, but depends on consistent rough diamond flows from Africa and the UAE.

Action Plan: Data-Driven Steps for Diamonds Market Execution

• Segment buyers by transaction frequency and value using trade data. This helps prioritize high-value regular clients and secure stable revenue streams.
• Diversify sourcing to include more suppliers from Canada and Russia. This reduces over-reliance on African sources and mitigates geopolitical supply risks.
• Shift import focus toward higher-value worked diamonds under HS Code 7102. This improves profit margins and reduces vulnerability to raw material price swings.
• Monitor U.S. tariff policies and EU regulations monthly. This allows quick adjustment of sales routes and avoids sudden cost increases from trade changes.

Take Action Now —— Explore India Diamonds Import Data

Frequently Asked Questions

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

The June 2025 import value of $1.80 billion reflects a seasonal moderation after Q1’s atypical surge, with a 38% drop from March’s peak. This aligns with post-festival demand consolidation and potential caution due to global trade tensions.

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

India sources diamonds primarily from the UAE (31.39% quantity share), Botswana (17.38%), and Angola (13.03%) for rough stones, while INDIA itself leads in value share (36.99%) for high-unit-price polished diamonds.

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

Price gaps stem from product specialization: unworked diamonds (HS 71023100) average $135/unit, while worked diamonds command $1,327/unit. African suppliers dominate bulk rough imports, whereas India’s high-value share suggests polished/re-export activity.

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

Importers should prioritize nurturing relationships with high-value, frequent buyers (78.6% of value) while diversifying into bulk purchasers (17.62% value) to mitigate reliance on a concentrated buyer base.

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

Suppliers from Africa and the UAE have stable demand for rough diamonds, but India’s high-value polished imports suggest opportunities for suppliers of graded/cut stones to tap into premium segments.

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

India imports raw diamonds (unworked, non-industrial) for domestic cutting/polishing, with worked diamonds likely re-exported or sold domestically as jewelry-grade products, reflecting a value-add supply chain.