Mexico Diamonds HS7102 Export Data 2025 Q2 Overview

Mexico Diamonds (HS 7102) 2025 Q2 Export: Key Takeaways

Mexico’s diamond exports under HS Code 7102 in 2025 Q2 are heavily concentrated in the U.S., which accounts for 85.21% of export value, signaling a premium market for polished or high-grade diamonds. The U.S. dominance highlights both opportunity and risk, with minimal diversification across other regions like Canada or Asia. This analysis, covering 2025 Q2, is based on verified Customs data from the yTrade database.

Mexico Diamonds (HS 7102) 2025 Q2 Export Background

Mexico Diamonds (HS Code 7102), defined as "whether or not worked, but not mounted or set," are critical for jewelry and industrial cutting tools, with steady global demand driven by luxury and manufacturing sectors. While Mexico's 2025 Q2 export reforms introduced mandatory automatic notices for select goods, diamonds remain unaffected, keeping existing trade procedures intact [HK Law]. Mexico's role in diamond exports is strategic, benefiting from tariff-free access under trade agreements and serving key markets like the U.S. and Asia.

Mexico Diamonds (HS 7102) 2025 Q2 Export: Trend Summary

Key Observations

Mexico Diamonds HS Code 7102 Export in 2025 Q2 experienced a notable unit price surge in June, reaching 832.57 USD/kg, which represents a sharp rebound from the subdued levels seen in April and May.

Price and Volume Dynamics

The Q2 average unit price of 632.62 USD/kg was down 10% quarter-over-quarter from Q1's 704.91 USD/kg, primarily due to softer pricing in April and May. However, June's spike to 832.57 USD/kg drove a 40% month-over-month increase, aligning with typical diamond industry cycles where mid-year inventory replenishment and luxury demand fluctuations often cause volatility. Export volume rose 28% QoQ to 22.75K kg, supporting a 17% increase in total value to 14.69M USD, indicating robust underlying trade activity despite price swings.

External Context and Outlook

While Mexico's broader trade reforms in 2025, such as the automatic export notice for select goods [HK Law], did not directly impact diamond exports (HK Law), the price volatility likely stemmed from global factors like currency shifts or seasonal luxury market demand. Looking ahead, sustained export momentum for Mexico Diamonds HS Code 7102 will depend on these external economic conditions rather than policy changes.

Mexico Diamonds (HS 7102) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

Mexico's diamond exports under HS Code 7102 in 2025 Q2 are highly concentrated in non-industrial diamonds, specifically the sub-code 71023999 for diamonds not mounted or set but beyond raw form. This product dominates with a 50% share of export value and weight, supported by a high unit price of 647 US dollars per kilogram. An extreme price anomaly exists for industrial diamonds, with a unit price of only 0.53 US dollars per kilogram, which is isolated from the main analysis due to its minimal impact.

Value-Chain Structure and Grade Analysis

The non-anomalous exports are categorized into high-value non-industrial diamonds, which are processed but not finished, indicating a trade in differentiated goods rather than fungible bulk commodities. This structure highlights a focus on quality grades that avoid commoditization, with all significant activity centered on premium, non-industrial variants.

Strategic Implication and Pricing Power

This specialization grants Mexican exporters strong pricing power for non-industrial diamonds, emphasizing the need to prioritize quality control and potential value-added processing. According to recent updates, no specific policy changes target diamond exports, so standard trade procedures continue under existing agreements [HK Law].

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Mexico Diamonds (HS 7102) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

In 2025 Q2, Mexico's diamond exports under HS Code 7102 are overwhelmingly dominated by the United States, which accounts for 85.21% of the total export value but only 61.81% of the weight, indicating a high unit price and likely polished or high-grade diamonds. This disparity suggests that the US market prefers finished, valuable diamonds, while other countries show lower value-to-weight ratios, pointing to potentially rough or lower-grade shipments. The analysis for Mexico Diamonds HS Code 7102 Export 2025 Q2 reveals a clear focus on premium products for the primary market.

Partner Countries Clusters and Underlying Causes

The export partners form three clusters based on trade patterns. The first cluster is the United States, serving as the main destination for high-value diamonds, likely due to its strong consumer demand for jewelry. The second cluster includes Canada, Thailand, and China Hong Kong, with moderate value shares but lower unit prices, possibly acting as hubs for diamond processing or re-export to other regions. The third cluster consists of India and the Dominican Republic, with minimal contributions, perhaps involving small quantities of rough diamonds or niche trade flows, reflecting their limited role in the diamond supply chain.

Forward Strategy and Supply Chain Implications

For Mexican diamond exporters, the strategy should prioritize maintaining high-quality standards and certifications to cater to the US market, where value concentration is highest. Given the stability in export policies for HS Code 7102, as no specific changes were noted in recent updates, supply chains can focus on efficiency and reliability without major regulatory shifts. Diversifying into secondary markets like Canada or Asia could involve offering lower-grade diamonds, but the core opportunity remains in leveraging the US dominance for premium exports.

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Mexico Diamonds (HS 7102) 2025 Q2 Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Mexico Diamonds Export 2025 Q2 for HS Code 7102, the buyer market is highly concentrated, with one segment of buyers responsible for 88.43% of the total export value. This dominant group consists of companies that place both high-value and frequent orders, driving the majority of trade. The market is defined by a strong focus on a few key players, with the median buyer activity skewed towards high volume and value transactions across the four segments of buyers.

Strategic Buyer Clusters and Trade Role

The remaining buyer segments have distinct roles. Buyers with high-value but infrequent orders contribute 10.23% of the value, likely representing bulk or specialty purchases from larger clients. Those with low-value and frequent orders account for only 0.03% of value but are active in transaction count, suggesting small-scale, regular buyers such as local retailers. The segment with low-value and infrequent orders makes up 1.31% of value, indicating sporadic or new market entrants with minimal impact.

Sales Strategy and Vulnerability

Exporters in Mexico should prioritize maintaining strong relationships with the dominant high-value, frequent buyers to ensure stable revenue, while cautiously exploring the high-value, infrequent segment for potential growth. The heavy reliance on a small number of buyers increases vulnerability to demand shifts. Sales efforts should focus on efficient order processing for frequent purchasers. Current export regulations, as noted in news sources like HK Law, do not specifically target diamonds, allowing exporters to operate under standard procedures without immediate regulatory risks.

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Mexico Diamonds (HS 7102) 2025 Q2 Export: Action Plan for Diamonds Market Expansion

Strategic Supply Chain Overview

The Mexico Diamonds Export 2025 Q2 for HS Code 7102 reveals a high-value, quality-driven market. Price is driven by product specification (non-industrial, polished diamonds) and strong OEM/Tier-1 contract volumes from dominant US buyers. Supply chain implications center on Mexico’s role as an assembly hub for premium goods, with heavy reliance on a few key partners creating vulnerability to demand shifts. This specialization demands strict quality control and efficient logistics to maintain pricing power.

Action Plan: Data-Driven Steps for Diamonds Market Execution

• Deepen relationships with top-tier US buyers using order frequency data to anticipate demand cycles and secure long-term contracts. This prevents revenue instability from over-reliance on a few clients.
• Diversify into secondary markets like Canada or Hong Kong by analyzing their lower unit price patterns to offer tailored, cost-adjusted product grades. This reduces geographic concentration risk.
• Implement real-time certification tracking for all non-industrial diamond shipments to the US to justify premium pricing and avoid customs delays. This protects the high-value margin structure.
• Monitor buyer transaction clusters monthly to quickly identify new high-value, infrequent clients and prioritize their conversion to regular partners. This unlocks growth beyond the core segment.

Keywords

Mexico Diamonds Export 2025 Q2, HS Code 7102

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Frequently Asked Questions

Q1. What is driving the recent changes in Mexico Diamonds Export 2025 Q2?

The Q2 surge in unit price (832.57 USD/kg in June) reflects seasonal luxury demand, offsetting softer April-May pricing. Export volume rose 28% QoQ, indicating strong trade activity despite volatility tied to global market cycles.

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

The U.S. dominates with 85.21% of export value, followed by Canada, Thailand, and China Hong Kong as secondary hubs. India and the Dominican Republic play minimal roles.

Q3. Why does the unit price differ across Mexico Diamonds Export 2025 Q2 partner countries?

The U.S. commands higher prices (647 USD/kg) for premium non-industrial diamonds (HS 71023999), while other markets receive lower-grade or rough diamonds with sub-1 USD/kg unit prices.

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

Prioritize high-value U.S. buyers (88.43% of trade) and maintain quality standards for non-industrial diamonds, while cautiously exploring niche opportunities in Canada or Asia.

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

U.S. buyers secure high-grade polished diamonds, whereas secondary markets like Thailand may access lower-cost rough diamonds for processing or re-export.

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

Mexico primarily exports processed but unfinished non-industrial diamonds (HS 71023999), indicating trade in differentiated goods for jewelry or luxury manufacturing rather than bulk commodities.

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.

Detailed Monthly Report

Mexico HS7102 Export Snapshot 2025 APR

Mexico HS7102 Export Snapshot 2025 MAY

Mexico HS7102 Export Snapshot 2025 JUN