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Spices nes

091099 (Harmonized System 1992 for 6-digit)

2022
World Trade $940MRnk 2271 / 4648
2022
Top Exporter | Top Importer $148M | $113MIndia | United States
2022
Product Complexity -1.69Rnk 4392 / 4653
2021 - 2022
Export Growth (CAGR) -2.73%Rnk 3342 / 4648
2022
Share of World Trade 0.004%Rnk 2271 / 4648

About

Overview This page contains the latest trade data of Assorted Spices. In 2022, Assorted Spices were the world's 2271st most traded product, with a total trade of $940M. Between 2021 and 2022 the exports of Assorted Spices decreased by -2.73%, from $966M to $940M. Trade in Assorted Spices represent 0.004% of total world trade.

Assorted Spices are a part of Spices.

Exports In 2022 the top exporters of Assorted Spices  were India ($148M), Turkey ($119M), China ($56M), South Africa ($55.5M), and United States ($43.3M).

Imports In 2022 the top importers of Assorted Spices were United States ($113M), Germany ($63.8M), China ($53.9M), United Kingdom ($42M), and Netherlands ($33.2M).

Ranking Assorted Spices ranks 4392nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Assorted Spices. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)India$148M
Top Destination (2022)United States$113M

In 2022 Assorted Spices were the world's 2271st most traded product (out of 4,648).

In 2022, the top exporters of Assorted Spices were India ($148M), Turkey ($119M), China ($56M), South Africa ($55.5M), and United States ($43.3M).

In 2022, the top importers of Assorted Spices were United States ($113M), Germany ($63.8M), China ($53.9M), United Kingdom ($42M), and Netherlands ($33.2M).

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Exporters of Assorted Spices (2022)
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Importers of Assorted Spices (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$17.5M
Top Destination Growth (2021 -  2022)China$19.2M

Between 2021 and 2022, the exports of Assorted Spices grew the fastest in China ($17.5M), Georgia ($8.44M), United Kingdom ($7.02M), South Korea ($6.44M), and Burma ($6.09M).

Between 2021 and 2022, the fastest growing importers of Assorted Spices were China ($19.2M), Malaysia ($18.7M), Nigeria ($11.3M), Kuwait ($7.61M), and Japan ($5.22M).

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Exporters of Assorted Spices (2021 - 2022)

Importers of Assorted Spices (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Assorted Spices.

In 2022, market concentration measured using Shannon Entropy, was 5.05. This means that most of the exports of Assorted Spices are explained by 33 countries.

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Value of Exports in Assorted Spices

Net Trade

TOP NET EXPORTER (2022)India$134M
TOP NET IMPORTER (2022)United States$69.9M

This map shows which countries export or import more of Assorted Spices. Each country is colored based on the difference in exports and imports of Assorted Spices during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Assorted Spices were India ($134M), Turkey ($105M), South Africa ($45M), Spain ($27.1M), and Egypt ($19M).

In 2022, the countries that had a largest trade value in imports than in exports of Assorted Spices were United States ($69.9M), Germany ($32.6M), Saudi Arabia ($26.4M), Canada ($25.9M), and Japan ($23M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Assorted Spices.
It is possible to select the main countries that export or import Assorted Spices in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Assorted Spices by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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