2022
Exports
$353kWorld Rnk 46 / 139
Flag Rnk 1024 / 1208
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$6.1MWorld Rnk 36 / 208
Flag Rnk 887 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $353k in Nutmeg, mace and cardamons, making it the 46th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 1024th most exported product in Australia. The main destination of Nutmeg, mace and cardamons exports from Australia are: New Zealand ($162k), India ($93.8k), Papua New Guinea ($25.9k), Malaysia ($21.2k), and Singapore ($9.93k).

The fastest growing export markets for Nutmeg, mace and cardamons of Australia between 2021 and 2022 were India ($57.3k), Papua New Guinea ($18.9k), and Norway ($6.09k).

Imports In 2022, Australia imported $6.1M in Nutmeg, mace and cardamons, becoming the 36th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 887th most imported product in Australia. Australia imports Nutmeg, mace and cardamons primarily from: India ($3.59M), Indonesia ($743k), Vietnam ($566k), Guatemala ($494k), and Honduras ($281k).

The fastest growing import markets in Nutmeg, mace and cardamons for Australia between 2021 and 2022 were Honduras ($281k), Vietnam ($116k), and China ($37.1k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nutmeg, mace and cardamons. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$353k
IMPORTS (2022)$6.1M
NET TRADE (2022)-$5.74M

In 2022, Australia exported $353k in Nutmeg, mace and cardamons. The main destinations of Australia exports on Nutmeg, mace and cardamons were New Zealand ($162k), India ($93.8k), Papua New Guinea ($25.9k), Malaysia ($21.2k), and Singapore ($9.93k).

In 2022, Australia imported $6.1M in Nutmeg, mace and cardamons, mainly from India ($3.59M), Indonesia ($743k), Vietnam ($566k), Guatemala ($494k), and Honduras ($281k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Australia WERE (2021 - 2022):
India$57.3k (157%)
Papua New Guinea$18.9k (272%)
Norway$6.09k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Australia WERE (2021 - 2022):
New Zealand-$61.8k (-27.6%)
Malaysia-$32.5k (-60.5%)
Brunei-$30.2k (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Australia's main importing competitors in Nutmeg, mace and cardamons were:

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $75.1k
TOP IMPORT POTENTIALIndonesia+ $409k

Nutmeg, mace and cardamons’s highest export potential is India. With an export gap of $75.1k.   Nutmeg, mace and cardamons’s highest import potential is Indonesia with an import gap of $409k.

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