2022
Exports
$194MWorld Rnk 3 / 139
Flag Rnk 315 / 1212
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$104MWorld Rnk 4 / 208
Flag Rnk 453 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $194M in Nutmeg, mace and cardamons, making it the 3rd largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 315th most exported product in India. The main destination of Nutmeg, mace and cardamons exports from India are: United Arab Emirates ($65.1M), Saudi Arabia ($22.5M), Kuwait ($18.6M), United States ($15.3M), and Bangladesh ($10.5M).

The fastest growing export markets for Nutmeg, mace and cardamons of India between 2021 and 2022 were Kuwait ($7.27M), Iraq ($1.7M), and Afghanistan ($1.03M).

Imports In 2022, India imported $104M in Nutmeg, mace and cardamons, becoming the 4th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 453rd most imported product in India. India imports Nutmeg, mace and cardamons primarily from: Nepal ($46.6M), Indonesia ($34.1M), United Arab Emirates ($7.45M), Sri Lanka ($6.82M), and Guatemala ($3.76M).

The fastest growing import markets in Nutmeg, mace and cardamons for India between 2021 and 2022 were United Arab Emirates ($5.6M), Sri Lanka ($601k), and Egypt ($558k).

COMPANIES In 2023, leading companies such as Cinmar (8) and Givaudan Fragrances (3) were at the forefront of shipping Nutmeg, mace and cardamons from India to the United States.

Latest Trends

Sep 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)$194M
IMPORTS (2022)$104M
NET TRADE (2022)$89.9M

In 2022, India exported $194M in Nutmeg, mace and cardamons. The main destinations of India exports on Nutmeg, mace and cardamons were United Arab Emirates ($65.1M), Saudi Arabia ($22.5M), Kuwait ($18.6M), United States ($15.3M), and Bangladesh ($10.5M).

In 2022, India imported $104M in Nutmeg, mace and cardamons, mainly from Nepal ($46.6M), Indonesia ($34.1M), United Arab Emirates ($7.45M), Sri Lanka ($6.82M), and Guatemala ($3.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR India WERE (2021 - 2022):
Kuwait$7.27M (63.9%)
Iraq$1.7M (51.5%)
Afghanistan$1.03M (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY India WERE (2021 - 2022):
United Arab Emirates-$16M (-19.8%)
Saudi Arabia-$7.77M (-25.6%)
Egypt-$3.53M (-64.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, India'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 POTENTIALBangladesh+ $4.92M
TOP IMPORT POTENTIALIndonesia+ $2.91M

Nutmeg, mace and cardamons’s highest export potential is Bangladesh. With an export gap of $4.92M.   Nutmeg, mace and cardamons’s highest import potential is Indonesia with an import gap of $2.91M.

See methodology.

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