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2023
Exports $6.29MWorld Rnk 23 / 156
Flag Rnk 1094 / 1217
2023
Destination $461k Canada
2022 - 2023
FASTEST GROWING MARKET $461kIndia
2023
PRODUCT COMPLEXITY IN Spice Seeds-1.19Rnk 875 / 1025
2023
Imports $116MWorld Rnk 3 / 215
Flag Rnk 843 / 1215
2023
Origin $13.4M India
2022 - 2023
FASTEST GROWING ORIGIN $13.4MIndia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $6.29M in Spice Seeds, making it the 23rd largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 1094th most exported product in United States. The main destination of Spice Seeds exports from United States are: Canada ($974k), Thailand ($581k), India ($552k), Brazil ($483k), and Mexico ($418k).

The fastest growing export markets for Spice Seeds of United States between 2022 and 2023 were India ($461k), Brazil ($357k), and Mexico ($279k).

Imports In 2023, United States imported $116M in Spice Seeds, becoming the 3rd largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 843rd most imported product in United States. United States imports Spice Seeds primarily from: India ($67.4M), Egypt ($14.1M), Canada ($7.78M), Turkey ($6.23M), and Vietnam ($5.44M).

The fastest growing import markets in Spice Seeds for United States between 2022 and 2023 were India ($13.4M), Syria ($2.05M), and Canada ($1.47M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (12), Sutong (5), and Jo-Ann Stores (2) were at the forefront of shipping Spice Seeds to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Spice Seeds exports accounted up to $1.05M and imports accounted up to $11.1M, resulting in a negative trade balance of $10.1M. Between November 2023 and November 2024 the exports of United States'   Spice Seeds have increased by $486k (86.9%) from $560k to $1.05M, while imports increased by $762k (7.35%) from $10.4M to $11.1M.

Destinations In November 2024, Spice Seeds were exported mostly to Canada ($317k), Dominican Republic ($203k), India ($110k), Costa Rica ($107k), and Mexico ($85.2k), and were imported mostly from India ($7.23M), Egypt ($730k), Turkey ($692k), Canada ($520k), and Finland ($465k).

Growth In November 2024, the increase in Spice Seeds's year-by-year exports was explained primarily by an increase in exports to Mexico ($124k or 374%). In November 2024, the increase in Spice Seeds's year-by-year imports was explained primarily by an increase in imports from Egypt ($1.1M or 167%), India ($722k or 18.9%), and Germany ($118k or 151%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$486k(86.9%)
IMPORT GROWTH (November 2023 - November 2024)$762k(7.35%)
MAIN EXPORTER (November 2024)Tennessee$486k
MAIN DESTINATION (November 2024)Canada$317k

This section shows Spice Seeds'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 Spice Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.29M
IMPORTS (2023)$116M
NET TRADE (2023)-$110M

In 2023, United States exported $6.29M in Spice Seeds. The main destinations of United States exports on Spice Seeds were Canada ($974k), Thailand ($581k), India ($552k), Brazil ($483k), and Mexico ($418k).

In 2023, United States imported $116M in Spice Seeds, mainly from India ($67.4M), Egypt ($14.1M), Canada ($7.78M), Turkey ($6.23M), and Vietnam ($5.44M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR United States WERE (2022 - 2023):
India$461k (506%)
Brazil$357k (283%)
Mexico$279k (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY United States WERE (2022 - 2023):
Netherlands-$623k (-94.6%)
Thailand-$560k (-49.1%)
Saudi Arabia-$367k (-97.9%)
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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 Spice Seeds were:
India $786M
China $181M
Egypt $104M
In 2023, United States's main importing competitors in Spice Seeds were:
China $211M
India $181M

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $262k
TOP IMPORT POTENTIALIndia+ $7.76M

Spice Seeds’s highest export potential is India. With an export gap of $262k.   Spice Seeds’s highest import potential is India with an import gap of $7.76M.

See methodology.

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