2022
Exports
$618MWorld Rnk 1 / 145
Flag Rnk 136 / 1212
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$119MWorld Rnk 2 / 216
Flag Rnk 416 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $618M in Spice Seeds, making it the 1st largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 136th most exported product in India. The main destination of Spice Seeds exports from India are: China ($119M), Bangladesh ($69.9M), United States ($50.7M), Malaysia ($36.5M), and United Arab Emirates ($33.6M).

The fastest growing export markets for Spice Seeds of India between 2021 and 2022 were Malaysia ($8.45M), Pakistan ($7.97M), and United Arab Emirates ($7.73M).

Imports In 2022, India imported $119M in Spice Seeds, becoming the 2nd largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 416th most imported product in India. India imports Spice Seeds primarily from: Vietnam ($47.4M), Russia ($22.6M), Afghanistan ($18.9M), Italy ($12.7M), and Lithuania ($3.73M).

The fastest growing import markets in Spice Seeds for India between 2021 and 2022 were Russia ($18.3M), Lithuania ($3.16M), and Finland ($1.34M).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (1) were at the forefront of shipping Spice Seeds from India to the United States.

Latest Trends

Oct 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 Spice Seeds. 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)$618M
IMPORTS (2022)$119M
NET TRADE (2022)$500M

In 2022, India exported $618M in Spice Seeds. The main destinations of India exports on Spice Seeds were China ($119M), Bangladesh ($69.9M), United States ($50.7M), Malaysia ($36.5M), and United Arab Emirates ($33.6M).

In 2022, India imported $119M in Spice Seeds, mainly from Vietnam ($47.4M), Russia ($22.6M), Afghanistan ($18.9M), Italy ($12.7M), and Lithuania ($3.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR India WERE (2021 - 2022):
Malaysia$8.45M (30.1%)
Pakistan$7.97M (114%)
United Arab Emirates$7.73M (29.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY India WERE (2021 - 2022):
China-$33.6M (-22%)
Egypt-$11.6M (-61.7%)
Nepal-$8.19M (-29.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Spice Seeds were:
Vietnam $89.5M
China $84.7M
In 2022, India's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $32.1M
TOP IMPORT POTENTIALChina+ $3.09M

Spice Seeds’s highest export potential is China. With an export gap of $32.1M.   Spice Seeds’s highest import potential is China with an import gap of $3.09M.

See methodology.

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