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2022
Exports $20.3MWorld Rnk 25 / 194
Flag Rnk 462 / 1194
2022
Destination $1.15M India
2021 - 2022
FASTEST GROWING MARKET $1.15MBangladesh
2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025
2022
Imports $9.08MWorld Rnk 57 / 223
Flag Rnk 818 / 1206
2022
Origin $330k India
2021 - 2022
FASTEST GROWING ORIGIN $330kIndonesia
2022
ECONOMIC COMPLEXITY of Indonesia-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $20.3M in Spices, making it the 25th largest exporter of Spices in the world. At the same year, Spices was the 462nd most exported product in Indonesia. The main destination of Spices exports from Indonesia are: India ($8.92M), Malaysia ($2.26M), Bangladesh ($1.16M), Japan ($822k), and Singapore ($746k).

The fastest growing export markets for Spices of Indonesia between 2021 and 2022 were Bangladesh ($1.15M), India ($1.14M), and China ($365k).

Imports In 2022, Indonesia imported $9.08M in Spices, becoming the 57th largest importer of Spices in the world. At the same year, Spices was the 818th most imported product in Indonesia. Indonesia imports Spices primarily from: India ($5.29M), Malaysia ($932k), China ($353k), Indonesia ($330k), and Pakistan ($278k).

The fastest growing import markets in Spices for Indonesia between 2021 and 2022 were Indonesia ($330k), Malaysia ($289k), and Sri Lanka ($119k).

COMPANIES In 2023, leading companies such as Old Navy (7), Giti Tire (5), and Gap (2) were at the forefront of shipping Spices from Indonesia 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 Spices. 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)$20.3M
IMPORTS (2022)$9.08M
NET TRADE (2022)$11.3M

In 2022, Indonesia exported $20.3M in Spices. The main destinations of Indonesia exports on Spices were India ($8.92M), Malaysia ($2.26M), Bangladesh ($1.16M), Japan ($822k), and Singapore ($746k).

In 2022, Indonesia imported $9.08M in Spices, mainly from India ($5.29M), Malaysia ($932k), China ($353k), Indonesia ($330k), and Pakistan ($278k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Bangladesh$1.15M (10.1k%)
India$1.14M (14.7%)
China$365k (426%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Indonesia WERE (2021 - 2022):
Australia-$9.69M (-97.8%)
Saudi Arabia-$2.99M (-93.5%)
Ethiopia-$827k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Spices were:
India $538M
China $518M
Netherlands $203M
In 2022, Indonesia's main importing competitors in Spices were:
United States $364M
Germany $211M
Netherlands $167M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.1M
TOP IMPORT POTENTIALIndia+ $1.76M

Spices’s highest export potential is Malaysia. With an export gap of $1.1M.   Spices’s highest import potential is India with an import gap of $1.76M.

See methodology.

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