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090810 (Harmonized System 1992 for 6-digit)

2022
World Trade $276MRnk 3492 / 4648
2022
Top Exporter | Top Importer $137M | $33.1MIndonesia | China
2022
Product Complexity -1.21Rnk 4027 / 4653
2021 - 2022
Export Growth (CAGR) 4.54%Rnk 2293 / 4648
2022
Share of World Trade 0.0012%Rnk 3492 / 4648

About

Overview This page contains the latest trade data of Nutmeg. In 2022, Nutmeg were the world's 3492nd most traded product, with a total trade of $276M. Between 2021 and 2022 the exports of Nutmeg grew by 4.54%, from $264M to $276M. Trade in Nutmeg represent 0.0012% of total world trade.

Nutmeg are a part of Nutmeg, mace and cardamons.

Exports In 2022 the top exporters of Nutmeg  were Indonesia ($137M), India ($26.8M), Vietnam ($22.4M), Netherlands ($18.8M), and Sri Lanka ($14M).

Imports In 2022 the top importers of Nutmeg were China ($33.1M), Germany ($23.5M), United States ($22.8M), Netherlands ($21.9M), and Vietnam ($20.6M).

Ranking Nutmeg ranks 4027th 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 Nutmeg. 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)Indonesia$137M
Top Destination (2022)China$33.1M

In 2022 Nutmeg were the world's 3492nd most traded product (out of 4,648).

In 2022, the top exporters of Nutmeg were Indonesia ($137M), India ($26.8M), Vietnam ($22.4M), Netherlands ($18.8M), and Sri Lanka ($14M).

In 2022, the top importers of Nutmeg were China ($33.1M), Germany ($23.5M), United States ($22.8M), Netherlands ($21.9M), and Vietnam ($20.6M).

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Exporters of Nutmeg (2022)
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Importers of Nutmeg (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$5.62M
Top Destination Growth (2021 -  2022)Germany$4.15M

Between 2021 and 2022, the exports of Nutmeg grew the fastest in Netherlands ($5.62M), Vietnam ($4.9M), United Arab Emirates ($1.12M), Indonesia ($920k), and Italy ($739k).

Between 2021 and 2022, the fastest growing importers of Nutmeg were Germany ($4.15M), Indonesia ($2.83M), Vietnam ($2.83M), United Arab Emirates ($2.72M), and Belgium ($2.58M).

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Exporters of Nutmeg (2021 - 2022)

Importers of Nutmeg (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nutmeg.

In 2022, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Nutmeg are explained by 7 countries.

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Value of Exports in Nutmeg

Net Trade

TOP NET EXPORTER (2022)Indonesia$133M
TOP NET IMPORTER (2022)China$32M

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

In 2022, the countries that had a largest trade value in exports than in imports of Nutmeg were Indonesia ($133M), India ($18.1M), Sri Lanka ($13.9M), Grenada ($5.58M), and Vietnam ($1.82M).

In 2022, the countries that had a largest trade value in imports than in exports of Nutmeg were China ($32M), United States ($19.9M), Germany ($15.5M), Japan ($7.78M), and France ($6.42M).

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 Nutmeg.
It is possible to select the main countries that export or import Nutmeg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nutmeg 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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