2022
Exports
$257kWorld Rnk 50 / 139
Flag Rnk 1082 / 1211
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$2.9MWorld Rnk 54 / 208
Flag Rnk 1010 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $257k in Nutmeg, mace and cardamons, making it the 50th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 1082nd most exported product in Thailand. The main destination of Nutmeg, mace and cardamons exports from Thailand are: Chinese Taipei ($134k), Japan ($45.2k), Norway ($30.9k), Malaysia ($21.4k), and Hong Kong ($15k).

The fastest growing export markets for Nutmeg, mace and cardamons of Thailand between 2021 and 2022 were Japan ($45.2k), Malaysia ($21.4k), and Norway ($19.8k).

Imports In 2022, Thailand imported $2.9M in Nutmeg, mace and cardamons, becoming the 54th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 1010th most imported product in Thailand. Thailand imports Nutmeg, mace and cardamons primarily from: Indonesia ($2.19M), Malaysia ($364k), India ($161k), Laos ($82.9k), and Vietnam ($73.7k).

The fastest growing import markets in Nutmeg, mace and cardamons for Thailand between 2021 and 2022 were Vietnam ($25.5k), Netherlands ($2.67k), and Australia ($577).

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)$257k
IMPORTS (2022)$2.9M
NET TRADE (2022)-$2.65M

In 2022, Thailand exported $257k in Nutmeg, mace and cardamons. The main destinations of Thailand exports on Nutmeg, mace and cardamons were Chinese Taipei ($134k), Japan ($45.2k), Norway ($30.9k), Malaysia ($21.4k), and Hong Kong ($15k).

In 2022, Thailand imported $2.9M in Nutmeg, mace and cardamons, mainly from Indonesia ($2.19M), Malaysia ($364k), India ($161k), Laos ($82.9k), and Vietnam ($73.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$45.2k (646k%)
Malaysia$21.4k (1%)
Norway$19.8k (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Thailand WERE (2021 - 2022):
United Arab Emirates-$203k (-100%)
Vietnam-$198k (-100%)
Burma-$32.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Thailand'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 POTENTIALJapan+ $16k
TOP IMPORT POTENTIALIndonesia+ $272k

Nutmeg, mace and cardamons’s highest export potential is Japan. With an export gap of $16k.   Nutmeg, mace and cardamons’s highest import potential is Indonesia with an import gap of $272k.

See methodology.

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