Nutmeg, mace and cardamons0908 (Harmonized System 1992 for 4-digit)
2020 World Trade: $1.92B, Rnk 723 / 1217
2020 Top Exporter | Top Importer: $1.14B | $338M, Saudi Arabia | Guatemala
2020 Product Complexity: -1.79, Rnk 988 / 1028
2019 - 2020 Export Growth (CAGR): 57.8%, Rnk 12 / 1217
2018 Mean Tariff: 9.61%, Rnk 443 / 1259
2020 Share of World Trade: 0.011%, Rnk 723 / 1217
Overview This page contains the latest trade data of Nutmeg, mace and cardamons. In 2020, Nutmeg, mace and cardamons were the world's 723rd most traded product, with a total trade of $1.92B. Between 2019 and 2020 the exports of Nutmeg, mace and cardamons grew by 57.8%, from $1.22B to $1.92B. Trade in Nutmeg, mace and cardamons represent 0.011% of total world trade.
Nutmeg, mace and cardamons are a part of Coffee, tea, mate and spices. They include Cardamoms, Nutmeg, and Mace.
Exports In 2020 the top exporters of Nutmeg, mace and cardamons were Guatemala ($1.14B), Indonesia ($233M), India ($144M), United Arab Emirates ($134M), and Nepal ($48.4M).
Imports In 2020 the top importers of Nutmeg, mace and cardamons were Saudi Arabia ($338M), United Arab Emirates ($283M), Egypt ($141M), Bangladesh ($134M), and India ($98.1M).
Tariffs In 2018 the average tariff for Nutmeg, mace and cardamons was 9.61%, making it the 443rd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Nutmeg, mace and cardamons are India (53.8%), Bhutan (48.9%), Cyprus (42%), and Tunisia (36%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Taiwan (0%).
Ranking Nutmeg, mace and cardamons ranks 988th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Nutmeg, mace and cardamons. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Guatemala, $1.14B
Top Destination (2020): Saudi Arabia, $338M
Nutmeg, mace and cardamons are the world's 723rd most traded product.
In 2020, the top exporters of Nutmeg, mace and cardamons were Guatemala ($1.14B), Indonesia ($233M), India ($144M), United Arab Emirates ($134M), and Nepal ($48.4M).
In 2020, the top importers of Nutmeg, mace and cardamons were Saudi Arabia ($338M), United Arab Emirates ($283M), Egypt ($141M), Bangladesh ($134M), and India ($98.1M).
Trade by country
Top Origin Growth (2019 - 2020): Guatemala, $485M
Top Destination Growth (2019 - 2020): Saudi Arabia, $144M
Between 2019 and 2020, the exports of Nutmeg, mace and cardamons grew the fastest in Guatemala ($485M), Indonesia ($66.8M), India ($63.2M), United Arab Emirates ($38.5M), and Saudi Arabia ($12.6M).
Between 2019 and 2020, the fastest growing importers of Nutmeg, mace and cardamons were Saudi Arabia ($144M), Egypt ($112M), United Arab Emirates ($107M), Bangladesh ($67.9M), and China ($63.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Nutmeg, mace and cardamons.
In 2020, market concentration measured using Shannon Entropy, was 2.39. This means that most of the exports of Nutmeg, mace and cardamons are explained by 5 countries.
TOP NET EXPORTER (2020): Guatemala, $1.14B
TOP NET IMPORTER (2020): Saudi Arabia, $325M
This map shows which countries export or import more of Nutmeg, mace and cardamons. Each country is colored based on the difference in exports and imports of Nutmeg, mace and cardamons during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Nutmeg, mace and cardamons were Guatemala ($1.14B), Indonesia ($231M), India ($45.4M), Nepal ($45.1M), and Sri Lanka ($17.1M).
In 2020, the countries that had a largest trade value in imports than in exports of Nutmeg, mace and cardamons were Saudi Arabia ($325M), United Arab Emirates ($149M), Egypt ($141M), Bangladesh ($134M), and China ($89.4M).
In 2019, the world most traded Nutmeg, mace and cardamons, disaggragated by their HS6 level were Cardamoms ($1.62B), Nutmeg ($213M), and Mace ($87.4M)
This visualization shows the countries that have an important ratio of their trade related to Nutmeg, mace and cardamons. It is possible to select the main countries that export or import Nutmeg, mace and cardamons in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Nutmeg, mace and cardamons was 9.61%. The countries with the highest tariffs for importing Nutmeg, mace and cardamons were India (53.8%), Bhutan (48.9%), Cyprus (42%), and Tunisia (36%).
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.
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