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090821 (Harmonized System 2012 for 6-digit)

2023
World Trade $62.2MRnk 4673 / 5198
2023
Top Exporter | Top Importer $52.2M | $36.7MIndonesia | India
2023
Product Complexity -1.44Rnk 4720 / 5199
2022 - 2023
Export Growth (CAGR) 2.12%Rnk 1522 / 5198
2023
Share of World Trade 0.00027%Rnk 4673 / 5198

About

Overview This page contains the latest trade data of Spices: mace, neither crushed nor ground. In 2023, Spices: mace, neither crushed nor ground were the world's 4673rd most traded product, with a total trade of $62.2M. Between 2022 and 2023 the exports of Spices: mace, neither crushed nor ground grew by 2.12%, from $60.9M to $62.2M. Trade in Spices: mace, neither crushed nor ground represent 0.00027% of total world trade.

Spices: mace, neither crushed nor ground are a part of Nutmeg, mace and cardamoms.

Exports In 2023 the top exporters of Spices: mace, neither crushed nor ground  were Indonesia ($52.2M), Sri Lanka ($5.99M), India ($1.33M), Germany ($579k), and Netherlands ($428k).

Imports In 2023 the top importers of Spices: mace, neither crushed nor ground were India ($36.7M), Bangladesh ($4.63M), Pakistan ($2.52M), Vietnam ($2.51M), and Germany ($2.22M).

Ranking Spices: mace, neither crushed nor ground ranks 4720th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Spices: mace, neither crushed nor 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)Indonesia$52.2M
Top Destination (2023)India$36.7M

In 2023 Spices: mace, neither crushed nor ground were the world's 4673rd most traded product (out of 5,198).

In 2023, the top exporters of Spices: mace, neither crushed nor ground were Indonesia ($52.2M), Sri Lanka ($5.99M), India ($1.33M), Germany ($579k), and Netherlands ($428k).

In 2023, the top importers of Spices: mace, neither crushed nor ground were India ($36.7M), Bangladesh ($4.63M), Pakistan ($2.52M), Vietnam ($2.51M), and Germany ($2.22M).

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Exporters of Spices: mace, neither crushed nor ground (2023)
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Importers of Spices: mace, neither crushed nor ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$1.15M
Top Destination Growth (2022 -  2023)India$4.79M

Between 2022 and 2023, the exports of Spices: mace, neither crushed nor ground grew the fastest in Indonesia ($1.15M), Sri Lanka ($1.03M), Germany ($194k), United Kingdom ($169k), and Hong Kong ($89.3k).

Between 2022 and 2023, the fastest growing importers of Spices: mace, neither crushed nor ground were India ($4.79M), Bangladesh ($1.45M), Iran ($390k), Netherlands ($339k), and Saudi Arabia ($325k).

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Exporters of Spices: mace, neither crushed nor ground (2022 - 2023)

Importers of Spices: mace, neither crushed nor ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spices: mace, neither crushed nor ground.

In 2023, market concentration measured using Shannon Entropy, was 1. This means that most of the exports of Spices: mace, neither crushed nor ground are explained by 2 countries.

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Value of Exports in Spices: mace, neither crushed nor ground

Net Trade

TOP NET EXPORTER (2023)Indonesia$52.2M
TOP NET IMPORTER (2023)India$35.4M

This map shows which countries export or import more of Spices: mace, neither crushed nor ground. Each country is colored based on the difference in exports and imports of Spices: mace, neither crushed nor ground during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Spices: mace, neither crushed nor ground were Indonesia ($52.2M), Sri Lanka ($5.99M), Grenada ($420k), Estonia ($83.9k), and Hong Kong ($48.2k).

In 2023, the countries that had a largest trade value in imports than in exports of Spices: mace, neither crushed nor ground were India ($35.4M), Vietnam ($2.49M), Pakistan ($2.41M), Germany ($1.64M), and United States ($1.37M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Spices: mace, neither crushed nor ground.
It is possible to select the main countries that export or import Spices: mace, neither crushed nor ground in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spices: mace, neither crushed nor 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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