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090420 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.18BRnk 1065 / 4644
2023
Top Exporter | Top Importer $1.32B | $556MIndia | United States
2023
Product Complexity -1.73Rnk 4405 / 4656
2022 - 2023
Export Growth (CAGR) 16.4%Rnk 391 / 4644
2023
Share of World Trade 0.014%Rnk 1065 / 4644

About

Overview This page contains the latest trade data of Capsicum or Pimenta, dried, crushed or ground. In 2023, Capsicum or Pimenta, dried, crushed or ground were the world's 1065th most traded product, with a total trade of $3.18B. Between 2022 and 2023 the exports of Capsicum or Pimenta, dried, crushed or ground grew by 16.4%, from $2.74B to $3.18B. Trade in Capsicum or Pimenta, dried, crushed or ground represent 0.014% of total world trade.

Capsicum or Pimenta, dried, crushed or ground are a part of Pepper.

Exports In 2023 the top exporters of Capsicum or Pimenta, dried, crushed or ground  were India ($1.32B), China ($830M), Spain ($277M), Peru ($176M), and Mexico ($173M).

Imports In 2023 the top importers of Capsicum or Pimenta, dried, crushed or ground were United States ($556M), China ($399M), Thailand ($228M), Mexico ($182M), and Malaysia ($157M).

Ranking Capsicum or Pimenta, dried, crushed or ground ranks 4405th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Capsicum or Pimenta, dried, crushed or ground. 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 (2023)India$1.32B
Top Destination (2023)United States$556M

In 2023 Capsicum or Pimenta, dried, crushed or ground were the world's 1065th most traded product (out of 4,644).

In 2023, the top exporters of Capsicum or Pimenta, dried, crushed or ground were India ($1.32B), China ($830M), Spain ($277M), Peru ($176M), and Mexico ($173M).

In 2023, the top importers of Capsicum or Pimenta, dried, crushed or ground were United States ($556M), China ($399M), Thailand ($228M), Mexico ($182M), and Malaysia ($157M).

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Exporters of Capsicum or Pimenta, dried, crushed or ground (2023)
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Importers of Capsicum or Pimenta, dried, crushed or ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$192M
Top Destination Growth (2022 -  2023)Bangladesh$81.4M

Between 2022 and 2023, the exports of Capsicum or Pimenta, dried, crushed or ground grew the fastest in India ($192M), China ($150M), Mexico ($46M), Peru ($40.6M), and Spain ($9.94M).

Between 2022 and 2023, the fastest growing importers of Capsicum or Pimenta, dried, crushed or ground were Bangladesh ($81.4M), Mexico ($63.3M), China ($58.2M), United States ($55M), and South Korea ($51.3M).

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Exporters of Capsicum or Pimenta, dried, crushed or ground (2022 - 2023)

Importers of Capsicum or Pimenta, dried, crushed or ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Capsicum or Pimenta, dried, crushed or ground.

In 2023, market concentration measured using Shannon Entropy, was 2.89. This means that most of the exports of Capsicum or Pimenta, dried, crushed or ground are explained by 7 countries.

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Value of Exports in Capsicum or Pimenta, dried, crushed or ground

Net Trade

TOP NET EXPORTER (2023)India$1.3B
TOP NET IMPORTER (2023)United States$536M

This map shows which countries export or import more of Capsicum or Pimenta, dried, crushed or ground. Each country is colored based on the difference in exports and imports of Capsicum or Pimenta, dried, crushed or ground during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Capsicum or Pimenta, dried, crushed or ground were India ($1.3B), China ($430M), Peru ($174M), Spain ($122M), and Burma ($22M).

In 2023, the countries that had a largest trade value in imports than in exports of Capsicum or Pimenta, dried, crushed or ground were United States ($536M), Thailand ($214M), Malaysia ($152M), Bangladesh ($150M), and Indonesia ($125M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Capsicum or Pimenta, dried, crushed or ground 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 (2023)

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