Mexico Diamonds HS7102 Export Data 2025 Q3 Overview

Mexico Diamonds (HS 7102) 2025 Q3 Export: Key Takeaways

Mexico’s Diamonds (HS Code 7102) Export in 2025 Q3 reveals a high-value product structure, with the US dominating as the premium market, absorbing 85.08% of export value but just 59.10% of weight—highlighting demand for processed, high-grade diamonds. Buyer concentration is extreme, with the US alone driving most revenue, while secondary markets like India serve as processing hubs. The market remains stable, with no major volatility, but exporters must prioritize quality and secure logistics to sustain US dominance. This analysis is based on cleanly processed Customs data from the yTrade database, covering 2025 Q3.

Mexico Diamonds (HS 7102) 2025 Q3 Export Background

Mexico’s Diamonds (HS Code 7102: Diamonds, whether or not worked, but not mounted or set) are vital for jewelry and industrial sectors, with steady global demand driven by luxury and precision manufacturing. While recent data shows Mexico imported 1,499 shipments under this code [Volza], its 2025 Q3 export potential remains untapped, positioning it as a key player in the Americas’ diamond trade. Mexico’s strategic location and trade agreements could boost its role in global supply chains.

Mexico Diamonds (HS 7102) 2025 Q3 Export: Trend Summary

Key Observations

Mexico's diamond exports under HS Code 7102 in 2025 Q3 demonstrated pronounced price instability, with unit prices hitting a low of 250.53 USD/kg in August before surging to 724.13 USD/kg in September, indicating significant market adjustments during the period.

Price and Volume Dynamics

Quarter-over-quarter, export volume for Mexico Diamonds HS Code 7102 rose sharply from 22.75 thousand kg in Q2 to 42.3 thousand kg in Q3, while the average unit price declined from approximately 646 USD/kg to 428 USD/kg. This volatility likely stems from industry shifts, such as changes in the mix between natural and lab-grown diamonds due to new HS code separations implemented in 2025 [CaratX], affecting valuation and trade flows.

External Context and Outlook

The recent reclassification of diamond types under HS codes (CaratX) has introduced reporting complexities, contributing to the price swings seen in Q3. As the market adapts to these regulatory changes, Mexico's diamond export trends may stabilize, but ongoing global demand fluctuations and certification requirements like the Kimberley Process will continue to influence outcomes.

Mexico Diamonds (HS 7102) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

Mexico's Diamonds HS Code 7102 Export for 2025 Q3 is highly concentrated on a single product type. The dominating sub-code is 71023999, which covers non-industrial diamonds that are worked but not mounted or set, with a consistent unit price of 428 US dollars per kilogram. This product accounts for half of the export value and weight, indicating a focused market without extreme price anomalies.

Value-Chain Structure and Grade Analysis

The export consists entirely of worked diamonds that are not mounted, representing a semi-finished stage in the value chain. This structure points to trade in differentiated goods, where diamond quality, cut, and grade drive value, rather than fungible bulk commodities linked to indices. The uniform unit price across shipments suggests a standardized but graded product offering.

Strategic Implication and Pricing Power

For Mexico Diamonds HS Code 7102 Export in 2025 Q3, the focus on worked diamonds allows exporters to leverage pricing power based on diamond characteristics and craftsmanship. Strategic efforts should prioritize maintaining quality standards and exploring niche markets for higher-value cuts, as this product stage avoids the volatility of raw commodity trade.

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Mexico Diamonds (HS 7102) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

Mexico's Diamonds HS Code 7102 Export in 2025 Q3 is highly concentrated, with the UNITED STATES accounting for 85.08% of export value but only 59.10% of weight, indicating a significantly higher unit price (USD per kg) for shipments to the US, which points to exports of premium or fully processed diamonds rather than raw materials. This disparity suggests that the US market demands higher-grade diamonds, likely for direct retail or luxury use, reinforcing its role as the dominant high-value destination.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, the US stands alone as the primary high-value market. Second, Canada, India, and Thailand form a moderate cluster with balanced value and weight ratios, where India's role as a global diamond processing hub may explain its imports for cutting and polishing. Third, smaller markets like the United Arab Emirates and Belgium show low ratios, possibly serving as transit points or niche markets for specific diamond types.

Forward Strategy and Supply Chain Implications

For Mexican exporters, the focus should be on maintaining quality and certification standards, especially for the US market, while exploring opportunities in processing hubs like India to capture more value. Supply chains must prioritize secure logistics for high-value goods and adapt to potential shifts in demand for lab-grown diamonds, as noted in industry trends [CaratX], though no direct policy changes affect 2025 Q3 exports.

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Mexico Diamonds (HS 7102) 2025 Q3 Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Mexico Diamonds Export 2025 Q3 under HS Code 7102, the buyer market shows extreme concentration across four segments of buyers. The analysis reveals that buyers who engage in frequent, high-value transactions dominate, representing 95.83% of the total export value. This group also accounts for 85.58% of purchase frequency, indicating a market driven by a core set of reliable, volume-focused customers. The median export characteristics are skewed towards high-value, repeated dealings, with the dominant segment handling over 99% of the quantity and weight.

Strategic Buyer Clusters and Trade Role

The other buyer segments play niche roles. Buyers making infrequent but high-value purchases contribute 2.66% of value, likely involving specialized or bulk orders for unique diamond cuts. Those with frequent but low-value transactions account for 1.21% of value, suggesting regular small buyers such as local jewelers or testing facilities. The segment with infrequent, low-value purchases adds only 0.29% of value, possibly representing one-time or experimental clients in the diamond trade.

Sales Strategy and Vulnerability

For exporters in Mexico, the strategic focus must prioritize nurturing relationships with the dominant high-value, frequent buyers to ensure stable revenue. The high concentration poses a risk if any key buyer reduces orders, highlighting the need to diversify into smaller segments for growth. A sales model emphasizing reliability and tailored service for high-volume clients is essential, while exploring opportunities in niche markets can mitigate vulnerability.

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Mexico Diamonds (HS 7102) 2025 Q3 Export: Action Plan for Diamonds Market Expansion

Strategic Supply Chain Overview

The Mexico Diamonds Export 2025 Q3 under HS Code 7102 centers on semi-finished, worked diamonds. Price is driven by diamond quality, cut craftsmanship, and buyer relationships—not commodity indices. The US market demands premium goods, paying higher unit prices. Supply chains must prioritize secure logistics for high-value items and adapt to niche processing hubs like India. Mexico’s role is as a quality-focused exporter, not a bulk supplier.

Action Plan: Data-Driven Steps for Diamonds Market Execution

• Use shipment frequency data to forecast demand from key US buyers. This prevents overstock and aligns production with order cycles.
• Analyze buyer purchase histories to identify opportunities for customized diamond cuts. This builds loyalty and increases per-unit value.
• Monitor trade flows to India and Thailand for potential processing partnerships. This diversifies revenue and captures more value-added stages.
• Track emerging buyers in low-frequency segments with tailored outreach. This reduces dependency on a few major clients and spreads risk.
• Implement real-time logistics tracking for all high-value diamond shipments. This ensures security and minimizes loss or delay risks.

Take Action Now —— Explore Mexico Diamonds Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Mexico Diamonds Export 2025 Q3?

The volatility stems from regulatory changes in diamond classifications, causing price swings (250.53–724.13 USD/kg) and a shift in export volume (42.3K kg in Q3). The market is adapting to new HS code separations for natural vs. lab-grown diamonds.

Q2. Who are the main partner countries in this Mexico Diamonds Export 2025 Q3?

The UNITED STATES dominates with 85.08% of export value, followed by Canada, India, and Thailand as secondary markets. The US also commands higher unit prices, indicating premium demand.

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

Price differences reflect product specialization: the US receives high-value worked diamonds (71023999 at 428 USD/kg), while other markets like India import for processing, balancing value and weight.

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

Prioritize relationships with dominant high-volume buyers (95.83% of value) and maintain quality for the US market, while exploring niche opportunities in processing hubs like India to reduce concentration risks.

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

US buyers secure premium worked diamonds, while India and others benefit from consistent semi-finished imports for further processing. Smaller markets like the UAE may act as transit points.

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

Exported diamonds are semi-finished (worked but not mounted), primarily for jewelry or luxury retail in the US or further cutting/polishing in hubs like India.

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

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