Nutmeg in India | The Observatory of Economic Complexity

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Exports In 2022, India exported $26.8M in Nutmeg, making it the 2nd largest exporter of Nutmeg in the world. At the same year, Nutmeg was the 1413th most exported product in India. The main destination of Nutmeg exports from India are: United Arab Emirates ($9.65M), United States ($2.43M), Nigeria ($2.25M), Togo ($1.01M), and Vietnam ($796k).

The fastest growing export markets for Nutmeg of India between 2021 and 2022 were United Arab Emirates ($330k), Iran ($281k), and Nigeria ($263k).

Imports In 2022, India imported $8.71M in Nutmeg, becoming the 7th largest importer of Nutmeg in the world. At the same year, Nutmeg was the 2347th most imported product in India. India imports Nutmeg primarily from: Sri Lanka ($3.59M), Indonesia ($3.42M), United Arab Emirates ($849k), Grenada ($844k), and Australia ($4.49k).

The fastest growing import markets in Nutmeg for India between 2021 and 2022 were Sri Lanka ($655k), Indonesia ($457k), and Grenada ($181k).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Nutmeg from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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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. 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

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Trade Value

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Year

EXPORTS (2022)$26.8M

IMPORTS (2022)$8.71M

NET TRADE (2022)$18.1M

In 2022, India exported $26.8M in Nutmeg. The main destinations of India exports on Nutmeg were United Arab Emirates ($9.65M), United States ($2.43M), Nigeria ($2.25M), Togo ($1.01M), and Vietnam ($796k).

In 2022, India imported $8.71M in Nutmeg, mainly from Sri Lanka ($3.59M), Indonesia ($3.42M), United Arab Emirates ($849k), Grenada ($844k), and Australia ($4.49k).

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