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090821 (Harmonized System 2012 for 6-digit)

2022
World Trade $60.1MRnk 4734 / 5198
2022
Top Exporter | Top Importer $50.1M | $31.9MIndonesia | India
2022
Product Complexity -1.58Rnk 4826 / 5199
2021 - 2022
Export Growth (CAGR) -11.8%Rnk 4529 / 5198
2022
Share of World Trade 0.00025%Rnk 4734 / 5198

About

Overview This page contains the latest trade data of Spices: mace, neither crushed nor ground. In 2022, Spices: mace, neither crushed nor ground were the world's 4734th most traded product, with a total trade of $60.1M. Between 2021 and 2022 the exports of Spices: mace, neither crushed nor ground decreased by -11.8%, from $68.2M to $60.1M. Trade in Spices: mace, neither crushed nor ground represent 0.00025% of total world trade.

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

Exports In 2022 the top exporters of Spices: mace, neither crushed nor ground  were Indonesia ($50.1M), Sri Lanka ($4.98M), India ($1.6M), Netherlands ($789k), and Vietnam ($722k).

Imports In 2022 the top importers of Spices: mace, neither crushed nor ground were India ($31.9M), Vietnam ($3.87M), Germany ($3.65M), Bangladesh ($3.17M), and Pakistan ($2.87M).

Ranking Spices: mace, neither crushed nor ground ranks 4826th 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 (2022)Indonesia$50.1M
Top Destination (2022)India$31.9M

In 2022 Spices: mace, neither crushed nor ground were the world's 4734th most traded product (out of 5,198).

In 2022, the top exporters of Spices: mace, neither crushed nor ground were Indonesia ($50.1M), Sri Lanka ($4.98M), India ($1.6M), Netherlands ($789k), and Vietnam ($722k).

In 2022, the top importers of Spices: mace, neither crushed nor ground were India ($31.9M), Vietnam ($3.87M), Germany ($3.65M), Bangladesh ($3.17M), and Pakistan ($2.87M).

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Exporters of Spices: mace, neither crushed nor ground (2022)
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Importers of Spices: mace, neither crushed nor ground (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$511k
Top Destination Growth (2021 -  2022)Germany$1.48M

Between 2021 and 2022, the exports of Spices: mace, neither crushed nor ground grew the fastest in Vietnam ($511k), Sri Lanka ($479k), Netherlands ($146k), United States ($124k), and Latvia ($57k).

Between 2021 and 2022, the fastest growing importers of Spices: mace, neither crushed nor ground were Germany ($1.48M), Indonesia ($353k), Japan ($349k), Vietnam ($317k), and Iran ($297k).

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Exporters of Spices: mace, neither crushed nor ground (2021 - 2022)

Importers of Spices: mace, neither crushed nor ground (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 1.1. 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 (2022)Indonesia$49.7M
TOP NET IMPORTER (2022)India$30.3M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Spices: mace, neither crushed nor ground were Indonesia ($49.7M), Sri Lanka ($4.98M), Grenada ($317k), Estonia ($89.8k), and Turkey ($20.6k).

In 2022, the countries that had a largest trade value in imports than in exports of Spices: mace, neither crushed nor ground were India ($30.3M), Germany ($3.26M), Bangladesh ($3.17M), Vietnam ($3.15M), and Pakistan ($2.81M).

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 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 (2022)

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