2022
Exports
$24.9kWorld Rnk 84 / 139
Flag Rnk 605 / 931
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$59.6MWorld Rnk 5 / 208
Flag Rnk 207 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $24.9k in Nutmeg, mace and cardamons, making it the 84th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 605th most exported product in Bangladesh. The main destination of Nutmeg, mace and cardamons exports from Bangladesh are: Australia ($6.46k), United Kingdom ($4.86k), Jordan ($4.68k), South Korea ($3.69k), and Japan ($2.14k).

The fastest growing export markets for Nutmeg, mace and cardamons of Bangladesh between 2021 and 2022 were Jordan ($4.68k), Malaysia ($1.43k), and Japan ($134).

Imports In 2022, Bangladesh imported $59.6M in Nutmeg, mace and cardamons, becoming the 5th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 207th most imported product in Bangladesh. Bangladesh imports Nutmeg, mace and cardamons primarily from: Guatemala ($27.1M), United Arab Emirates ($10.7M), India ($10.5M), Singapore ($7.21M), and Indonesia ($2.52M).

The fastest growing import markets in Nutmeg, mace and cardamons for Bangladesh between 2021 and 2022 were United Arab Emirates ($1.38M), Sri Lanka ($106k), and Brazil ($133).

Latest Trends

Aug 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)$24.9k
IMPORTS (2022)$59.6M
NET TRADE (2022)-$59.6M

In 2022, Bangladesh exported $24.9k in Nutmeg, mace and cardamons. The main destinations of Bangladesh exports on Nutmeg, mace and cardamons were Australia ($6.46k), United Kingdom ($4.86k), Jordan ($4.68k), South Korea ($3.69k), and Japan ($2.14k).

In 2022, Bangladesh imported $59.6M in Nutmeg, mace and cardamons, mainly from Guatemala ($27.1M), United Arab Emirates ($10.7M), India ($10.5M), Singapore ($7.21M), and Indonesia ($2.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Jordan$4.68k (1%)
Malaysia$1.43k (1%)
Japan$134 (6.69%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Bangladesh WERE (2021 - 2022):
Italy-$19.9k (-100%)
South Korea-$15.1k (-80.3%)
Australia-$13.5k (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Bangladesh'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
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.68k
TOP IMPORT POTENTIALIndia+ $4.92M

Nutmeg, mace and cardamons’s highest export potential is United Kingdom. With an export gap of $4.68k.   Nutmeg, mace and cardamons’s highest import potential is India with an import gap of $4.92M.

See methodology.

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