2023
Exports
$350kWorld Rnk 41 / 141
Flag Rnk 992 / 1189
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.89Rnk 990 / 1025
2023
Imports
$876kWorld Rnk 70 / 211
Flag Rnk 1099 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $350k in Nutmeg, mace and cardamons, making it the 41st largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 992nd most exported product in Mexico. The main destination of Nutmeg, mace and cardamons exports from Mexico are: Dominican Republic ($307k), Honduras ($20.9k), Czechia ($7.48k), United Kingdom ($7.39k), and United States ($6.54k).

The fastest growing export markets for Nutmeg, mace and cardamons of Mexico between 2022 and 2023 were Honduras ($20.9k), Czechia ($7.48k), and United Kingdom ($7.39k).

Imports In 2023, Mexico imported $876k in Nutmeg, mace and cardamons, becoming the 70th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 1099th most imported product in Mexico. Mexico imports Nutmeg, mace and cardamons primarily from: United States ($461k), India ($248k), Indonesia ($68.7k), Guatemala ($50.7k), and Spain ($37.4k).

The fastest growing import markets in Nutmeg, mace and cardamons for Mexico between 2022 and 2023 were United States ($153k), India ($98.5k), and Sri Lanka ($10.1k).

Latest Trends

Dec 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 (2023)$350k
IMPORTS (2023)$876k
NET TRADE (2023)-$526k

In 2023, Mexico exported $350k in Nutmeg, mace and cardamons. The main destinations of Mexico exports on Nutmeg, mace and cardamons were Dominican Republic ($307k), Honduras ($20.9k), Czechia ($7.48k), United Kingdom ($7.39k), and United States ($6.54k).

In 2023, Mexico imported $876k in Nutmeg, mace and cardamons, mainly from United States ($461k), India ($248k), Indonesia ($68.7k), Guatemala ($50.7k), and Spain ($37.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Honduras$20.9k (1%)
Czechia$7.48k (1%)
United Kingdom$7.39k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Mexico WERE (2022 - 2023):
Dominican Republic-$92.3k (-23.1%)
Jordan-$60.5k (-100%)
United States-$53.2k (-89%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Nutmeg, mace and cardamons were:
In 2023, Mexico'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 POTENTIALUnited States+ $62k
TOP IMPORT POTENTIALGuatemala+ $311k

Nutmeg, mace and cardamons’s highest export potential is United States. With an export gap of $62k.   Nutmeg, mace and cardamons’s highest import potential is Guatemala with an import gap of $311k.

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