Mexico Diamonds HS7102 Export Data 2025 February Overview

Mexico Diamonds (HS 7102) 2025 February Export: Key Takeaways

Mexico’s diamonds (HS Code 7102) export in February 2025 is dominated by high-grade stones, with the U.S. absorbing 95.09% of the value, reflecting its luxury market demand and Mexico’s extreme geographic reliance. While the U.S. trade shows a high unit price disparity (95.09% value vs. 75.67% weight), Canada’s negligible role underscores the lack of market diversification. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.

Mexico Diamonds (HS 7102) 2025 February Export Background

Mexico Diamonds (HS Code 7102), covering unset or worked diamonds, are critical for jewelry and industrial cutting tools, with steady global demand driven by luxury and manufacturing sectors. While Mexico's 2025 export policies focus on automatic notices for goods like tequila and electronics [HK Law], diamonds remain unaffected, positioning Mexico as a stable supplier amid global trade shifts. The country's role in HS Code 7102 exports highlights its niche in high-value gemstone trade, even as broader tariff reforms unfold [White & Case].

Mexico Diamonds (HS 7102) 2025 February Export: Trend Summary

Key Observations

Mexico Diamonds HS Code 7102 Export in February 2025 saw a sharp 35.5% month-over-month surge in unit prices to 789.07 USD/kg, marking a significant shift from January's levels despite a slight dip in total export value.

Price and Volume Dynamics

The QoQ price increase to 789.07 USD/kg in February aligns with typical seasonal demand peaks for diamonds, often driven by events like Valentine's Day, which boost premium pricing. However, export volume fell 28.3% to 4.07K kg, indicating that higher prices may have constrained quantity movements, while the total value held relatively stable at 3.21M USD, reflecting resilient market interest amid price adjustments.

External Context and Outlook

External regulatory changes, such as Mexico's new automatic export notice [HK Law], do not cover diamonds under HS Code 7102 (HK Law), so the observed volatility stems more from global diamond market dynamics, including currency fluctuations and demand cycles. Looking forward, these factors will likely continue to influence Mexico's export performance through 2025.

Mexico Diamonds (HS 7102) 2025 February Export: HS Code Breakdown

Product Specialization and Concentration

In February 2025, Mexico's export of diamonds under HS Code 7102 is entirely dominated by non-industrial diamonds not mounted or set, specifically under sub-code 71023999. This product accounts for the full export value, with a high unit price of 789 US dollars per kilogram, indicating a specialized, high-value focus without any extreme price anomalies to isolate.

Value-Chain Structure and Grade Analysis

The export structure for Mexico Diamonds HS Code 7102 in February 2025 consists solely of non-industrial diamonds in a semi-finished state, not mounted or set. This uniformity suggests a trade in differentiated, high-grade goods rather than fungible bulk commodities, as all exports fall into this single category with consistent high value.

Strategic Implication and Pricing Power

For Mexico Diamonds HS Code 7102 Export in 2025 February, the high unit price underscores strong pricing power for exporters, driven by product specialization. Strategic focus should remain on quality control and certification to maintain market position, with no direct regulatory changes from recent news impacting this segment.

Check Detailed HS 7102 Breakdown

Mexico Diamonds (HS 7102) 2025 February Export: Market Concentration

Geographic Concentration and Dominant Role

Mexico's diamonds (HS Code 7102) export profile for February 2025 is overwhelmingly concentrated, with the United States accounting for 95.09% of the total export value. The significant disparity between its high value share (95.09%) and its lower weight share (75.67%) points directly to shipments of high-grade, high-value stones, as the unit price for exports to the U.S. is substantially higher.

Partner Countries Clusters and Underlying Causes

The trade forms two clear clusters. The first is the single dominant U.S. market, which acts as the primary destination for finished, high-value gem-quality diamonds, consistent with its role as a major luxury consumer market. The second cluster consists solely of Canada, which shows a minimal presence; its higher value-to-weight ratio compared to its small overall share suggests it may receive a limited number of higher-value stones, but its role is negligible in the overall trade flow.

Forward Strategy and Supply Chain Implications

For Mexican exporters, the extreme reliance on the U.S. market requires a strategy focused on maintaining strong relationships with American luxury retailers and jewelers. While Mexico has introduced new mandatory automatic export notices for specific goods starting in 2025 [C.H. Robinson], these rules do not currently apply to diamonds (HS 7102), simplifying compliance. The main implication is the need to diversify clients within the U.S. to mitigate risk, rather than seeking new country markets.

Get Complete Partner Countries Profile

Mexico Diamonds (HS 7102) 2025 February Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Mexico Diamonds Export for 2025 February under HS Code 7102, the buyer market is heavily concentrated among four segments of buyers. A small group of buyers who make frequent and high-value purchases dominates, accounting for 98.72% of the total export value. This indicates that the market is controlled by a few key players who regularly engage in large transactions, with 70.37% of all orders coming from this segment.

Strategic Buyer Clusters and Trade Role

The other buyer segments have minimal impact. Buyers with high value but low frequency likely represent infrequent, large orders, such as for special events or bulk acquisitions. Those with low value but high frequency are probably small businesses or retailers making regular, small purchases. The segment with low value and low frequency consists of occasional buyers, possibly new market entrants or one-time deals, contributing little to overall trade.

Sales Strategy and Vulnerability

For exporters in Mexico, the focus should be on nurturing relationships with the dominant high-value buyers to ensure steady revenue. The main risk is over-reliance on a small number of clients, so exploring opportunities to attract more diverse buyers could reduce vulnerability. The sales approach should emphasize direct account management. On regulations, the news confirms that HS Code 7102 is not subject to Mexico's new automatic export notices [HK Law], providing a stable environment for exports.

Check Full Diamonds Buyer lists

Mexico Diamonds (HS 7102) 2025 February Export: Action Plan for Diamonds Market Expansion

Strategic Supply Chain Overview

Mexico Diamonds Export 2025 February under HS Code 7102 shows a highly specialized trade in non-industrial diamonds. Price is driven by product quality and grade, as seen in the high unit value. Buyer concentration among a few high-value, frequent purchasers also influences pricing power. Supply chain implications include significant reliance on the U.S. market and key buyers, creating vulnerability. Mexico acts as a processing and distribution hub for high-grade stones, with no current regulatory hurdles.

Action Plan: Data-Driven Steps for Diamonds Market Execution

• Use buyer frequency data to prioritize relationship management with top clients, ensuring steady revenue from dominant high-value buyers.
• Analyze geographic trade data to identify and target new high-value buyers within the U.S., reducing over-reliance on a single market.
• Monitor HS Code 7102 sub-component details for any shifts in product specialization, allowing quick adaptation to market changes.
• Implement inventory planning based on buyer purchase cycles from trade data, preventing stockouts or overstock and optimizing cash flow.
• Leverage trade data to scout for emerging buyer segments with high potential, diversifying the client base and mitigating risk.

Take Action Now —— Explore Mexico Diamonds Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Mexico Diamonds Export 2025 February?

The sharp 35.5% month-over-month surge in unit prices to 789 USD/kg reflects seasonal demand peaks like Valentine's Day, while export volume fell 28.3%, indicating price-sensitive trade dynamics.

Q2. Who are the main partner countries in this Mexico Diamonds Export 2025 February?

The U.S. dominates with 95.09% of export value, followed distantly by Canada, which plays a negligible role in trade volume.

Q3. Why does the unit price differ across Mexico Diamonds Export 2025 February partner countries?

The high unit price (789 USD/kg) is uniform, driven by Mexico’s exclusive export of non-industrial, high-grade diamonds under HS sub-code 71023999.

Q4. What should exporters in Mexico focus on in the current Diamonds export market?

Exporters must prioritize relationships with dominant high-value U.S. buyers (98.72% of trade) while mitigating over-reliance by diversifying within the U.S. luxury market.

Q5. What does this Mexico Diamonds export pattern mean for buyers in partner countries?

U.S. buyers benefit from stable, high-quality supply but face limited supplier options due to Mexico’s extreme market concentration.

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

Exported diamonds are non-industrial, unmounted stones (HS 71023999), indicating use in jewelry or luxury goods rather than industrial applications.

Q7. What is yTrade?

yTrade is a global trade data platform that provides SaaS and API access to provide accurate, structured, and searchable import-export trade data for international business decisions. It enables users to access verified shipment records, analyse buyer and supplier activity, review company trade overviews, assess compliance risks, and monitor real market demand — all from a single, scalable system.

Q8. How can yTrade benefit my business?

yTrade helps businesses:

• Identify active and verified buyers through global import data
• Discover reliable suppliers with real shipment history
• Monitor competitor previous trade activity
• Reduce sourcing and compliance risk with worldwide export data
• Support data-driven sales, procurement, and market expansion decisions
• Save time by replacing manual research with structured trade data analysis

Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

• Global shipment search by HS code, product, company name, port, or country
• Detailed company trade profiles with ownership and relationship mapping
• Buyer and supplier discovery with real transaction trade records
• Basic compliance with background checks and sanctions risk screening
• Competitor's shipment tracking and selling/buying behaviour analysis
• Trade Trends to identify market demand and trade flow monitoring
• Big-Data Search engine with percised filters to generate accurate data reports
• Global Trade Data API access for Internal Softwares like CRM, ERP, and SaaS integration All data is structured, verified, and cleaned to ensure consistency and reliability.