2022
Exports
$31.4MWorld Rnk 7 / 139
Flag Rnk 475 / 1176
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$25.8MWorld Rnk 13 / 208
Flag Rnk 686 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $31.4M in Nutmeg, mace and cardamons, making it the 7th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 475th most exported product in Vietnam. The main destination of Nutmeg, mace and cardamons exports from Vietnam are: Netherlands ($9.89M), United States ($6.19M), China ($4.27M), United Kingdom ($1.92M), and South Africa ($1.62M).

The fastest growing export markets for Nutmeg, mace and cardamons of Vietnam between 2021 and 2022 were China ($4.19M), Indonesia ($961k), and South Africa ($847k).

Imports In 2022, Vietnam imported $25.8M in Nutmeg, mace and cardamons, becoming the 13th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 686th most imported product in Vietnam. Vietnam imports Nutmeg, mace and cardamons primarily from: Indonesia ($23.3M), Laos ($1.16M), India ($946k), Germany ($246k), and Burma ($34.7k).

The fastest growing import markets in Nutmeg, mace and cardamons for Vietnam between 2021 and 2022 were Indonesia ($2.89M), Germany ($126k), and Burma ($34.7k).

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)$31.4M
IMPORTS (2022)$25.8M
NET TRADE (2022)$5.6M

In 2022, Vietnam exported $31.4M in Nutmeg, mace and cardamons. The main destinations of Vietnam exports on Nutmeg, mace and cardamons were Netherlands ($9.89M), United States ($6.19M), China ($4.27M), United Kingdom ($1.92M), and South Africa ($1.62M).

In 2022, Vietnam imported $25.8M in Nutmeg, mace and cardamons, mainly from Indonesia ($23.3M), Laos ($1.16M), India ($946k), Germany ($246k), and Burma ($34.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
China$4.19M (5.15k%)
Indonesia$961k (350%)
South Africa$847k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Vietnam WERE (2021 - 2022):
Laos-$1.84M (-98.3%)
Germany-$427k (-28.5%)
France-$230k (-41.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Vietnam'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
View
TOP EXPORT POTENTIALChina+ $2.98M
TOP IMPORT POTENTIALIndia+ $948k

Nutmeg, mace and cardamons’s highest export potential is China. With an export gap of $2.98M.   Nutmeg, mace and cardamons’s highest import potential is India with an import gap of $948k.

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