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2023
Exports $2.34MWorld Rnk 21 / 141
Flag Rnk 1146 / 1217
2023
Destination $286k Mexico
2022 - 2023
FASTEST GROWING MARKET $286kSouth Korea
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons-1.89Rnk 990 / 1025
2023
Imports $38.2MWorld Rnk 6 / 211
Flag Rnk 994 / 1215
2023
Origin $905k Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $905kCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $2.34M in Nutmeg, mace and cardamons, making it the 21st largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 1146th most exported product in United States. The main destination of Nutmeg, mace and cardamons exports from United States are: Mexico ($461k), South Korea ($323k), Jamaica ($247k), Chinese Taipei ($163k), and Canada ($145k).

The fastest growing export markets for Nutmeg, mace and cardamons of United States between 2022 and 2023 were South Korea ($286k), Chinese Taipei ($163k), and Mexico ($153k).

Imports In 2023, United States imported $38.2M in Nutmeg, mace and cardamons, becoming the 6th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 994th most imported product in United States. United States imports Nutmeg, mace and cardamons primarily from: Indonesia ($12.9M), India ($9.52M), Guatemala ($7.82M), Vietnam ($2.32M), and Canada ($1.97M).

The fastest growing import markets in Nutmeg, mace and cardamons for United States between 2022 and 2023 were Canada ($905k), Jordan ($472k), and Nicaragua ($193k).

COMPANIES In 2023, leading companies such as Busa Distribution Center (11), Cinmar (8), and Givaudan Fragrances (5) were at the forefront of shipping Nutmeg, mace and cardamons to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Nutmeg, mace and cardamons exports accounted up to $131k and imports accounted up to $3.27M, resulting in a negative trade balance of $3.14M. Between November 2023 and November 2024 the exports of United States'   Nutmeg, mace and cardamons have decreased by $-71.7k (-35.4%) from $202k to $131k, while imports decreased by $-656k (-16.7%) from $3.93M to $3.27M.

Destinations In November 2024, Nutmeg, mace and cardamons were exported mostly to Canada ($83.9k), Dominican Republic ($23.4k), Mexico ($12.2k), United Kingdom ($7.72k), and Turkey ($3.41k), and were imported mostly from India ($1.35M), Indonesia ($1.3M), Guatemala ($288k), Grenada ($115k), and Vietnam ($56.3k).

Growth In November 2024, the decrease in Nutmeg, mace and cardamons's year-by-year exports was explained primarily by a decrease in exports to Canada ($-88.7k or -34.5%) and Mexico ($-79.2k or -89.7%). In November 2024, the decrease in Nutmeg, mace and cardamons's year-by-year imports was explained primarily by a decrease in imports from India ($-267k or -17%), Guatemala ($-120k or -9.17%), and Indonesia ($-94.6k or -10.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-71.7k(-35.4%)
IMPORT GROWTH (November 2023 - November 2024)$-656k(-16.7%)
MAIN EXPORTER (November 2024)Texas$227k
MAIN DESTINATION (November 2024)Canada$83.9k

This section shows Nutmeg, mace and cardamons's exports and imports data at subnational level for United States. 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 (2023)$2.34M
IMPORTS (2023)$38.2M
NET TRADE (2023)-$35.9M

In 2023, United States exported $2.34M in Nutmeg, mace and cardamons. The main destinations of United States exports on Nutmeg, mace and cardamons were Mexico ($461k), South Korea ($323k), Jamaica ($247k), Chinese Taipei ($163k), and Canada ($145k).

In 2023, United States imported $38.2M in Nutmeg, mace and cardamons, mainly from Indonesia ($12.9M), India ($9.52M), Guatemala ($7.82M), Vietnam ($2.32M), and Canada ($1.97M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$286k (769%)
Chinese Taipei$163k (161k%)
Mexico$153k (49.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY United States WERE (2022 - 2023):
Jamaica-$348k (-58.5%)
Canada-$316k (-68.5%)
Saudi Arabia-$262k (-99.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Nutmeg, mace and cardamons were:
Guatemala $387M
Indonesia $263M
India $127M
In 2023, United States's main importing competitors in Nutmeg, mace and cardamons were:
Saudi Arabia $140M
United Arab Emirates $134M
India $125M

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $133k
TOP IMPORT POTENTIALGuatemala+ $3.59M

Nutmeg, mace and cardamons’s highest export potential is China. With an export gap of $133k.   Nutmeg, mace and cardamons’s highest import potential is Guatemala with an import gap of $3.59M.

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