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2022
Exports $3.3MWorld Rnk 22 / 139
Flag Rnk 912 / 1210
2022
Destination $47.3k United States
2021 - 2022
FASTEST GROWING MARKET $47.3kTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons-1.93Rnk 992 / 1025
2022
Imports $15MWorld Rnk 19 / 208
Flag Rnk 898 / 1213
2022
Origin $1.14M India
2021 - 2022
FASTEST GROWING ORIGIN $1.14MIndonesia
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $3.3M in Nutmeg, mace and cardamons, making it the 22nd largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 912th most exported product in Canada. The main destination of Nutmeg, mace and cardamons exports from Canada are: United States ($3.21M), Trinidad and Tobago ($47.3k), Sri Lanka ($25.1k), Jamaica ($6.13k), and Dominican Republic ($1.87k).

The fastest growing export markets for Nutmeg, mace and cardamons of Canada between 2021 and 2022 were Trinidad and Tobago ($47.3k), Sri Lanka ($25k), and El Salvador ($1.75k).

Imports In 2022, Canada imported $15M in Nutmeg, mace and cardamons, becoming the 19th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 898th most imported product in Canada. Canada imports Nutmeg, mace and cardamons primarily from: India ($4.08M), Guatemala ($3.12M), United States ($2.73M), Indonesia ($2.54M), and Vietnam ($593k).

The fastest growing import markets in Nutmeg, mace and cardamons for Canada between 2021 and 2022 were Indonesia ($1.14M), United States ($432k), and Honduras ($284k).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Nutmeg, mace and cardamons exports accounted up to C$3.5k and imports accounted up to C$1.48M, resulting in a negative trade balance of C$1.48M. Between February 2021 and July 2024 the exports of Canada's   Nutmeg, mace and cardamons have decreased by C$-156k (-97.8%) from C$159k to C$3.5k, while imports increased by C$795k (115%) from C$690k to C$1.48M.

Destinations In July 2024, Nutmeg, mace and cardamons were exported mostly to United States (C$3.5k), and were imported mostly from India (C$785k), Indonesia (C$370k), Guatemala (C$238k), China (C$30.1k), and Sri Lanka (C$23.9k).

Growth In July 2024, the decrease in Nutmeg, mace and cardamons's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Nutmeg, mace and cardamons's year-by-year imports was explained primarily by an increase in imports from India (C$111k or 23.8%), Guatemala (C$68k or 18.7%), and Pakistan (C$28.9k or 453%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2021 - July 2024)C$-156k(-97.8%)
IMPORT GROWTH (July 2023 - July 2024)C$795k(115%)
MAIN EXPORTER (July 2024)OntarioC$3.5k
MAIN DESTINATION (July 2024)United StatesC$3.5k

This section shows Nutmeg, mace and cardamons's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nutmeg, mace and cardamons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.3M
IMPORTS (2022)$15M
NET TRADE (2022)-$11.7M

In 2022, Canada exported $3.3M in Nutmeg, mace and cardamons. The main destinations of Canada exports on Nutmeg, mace and cardamons were United States ($3.21M), Trinidad and Tobago ($47.3k), Sri Lanka ($25.1k), Jamaica ($6.13k), and Dominican Republic ($1.87k).

In 2022, Canada imported $15M in Nutmeg, mace and cardamons, mainly from India ($4.08M), Guatemala ($3.12M), United States ($2.73M), Indonesia ($2.54M), and Vietnam ($593k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Trinidad and Tobago$47.3k (1%)
Sri Lanka$25k (104k%)
El Salvador$1.75k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Canada WERE (2021 - 2022):
United States-$248k (-7.17%)
India-$127k (-100%)
Jamaica-$13.1k (-68.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Nutmeg, mace and cardamons were:
Guatemala $430M
Indonesia $272M
India $194M
In 2022, Canada's main importing competitors in Nutmeg, mace and cardamons were:
United Arab Emirates $145M
Saudi Arabia $137M
China $110M

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $522k
TOP IMPORT POTENTIALGuatemala+ $861k

Nutmeg, mace and cardamons’s highest export potential is United States. With an export gap of $522k.   Nutmeg, mace and cardamons’s highest import potential is Guatemala with an import gap of $861k.

See methodology.

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