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090812 (Harmonized System 2012 for 6-digit)

2023
World Trade $92.3MRnk 4463 / 5198
2023
Top Exporter | Top Importer $38.7M | $13.4MIndonesia | United States
2023
Product Complexity -0.89Rnk 4132 / 5199
2022 - 2023
Export Growth (CAGR) -17.7%Rnk 3957 / 5198
2023
Share of World Trade 0.00041%Rnk 4463 / 5198

About

Overview This page contains the latest trade data of Spices: nutmeg, crushed or ground. In 2023, Spices: nutmeg, crushed or ground were the world's 4463rd most traded product, with a total trade of $92.3M. Between 2022 and 2023 the exports of Spices: nutmeg, crushed or ground decreased by -17.7%, from $112M to $92.3M. Trade in Spices: nutmeg, crushed or ground represent 0.00041% of total world trade.

Spices: nutmeg, crushed or ground are a part of Nutmeg, mace and cardamoms.

Exports In 2023 the top exporters of Spices: nutmeg, crushed or ground  were Indonesia ($38.7M), Vietnam ($9.15M), India ($8.95M), Netherlands ($6.61M), and Germany ($5.41M).

Imports In 2023 the top importers of Spices: nutmeg, crushed or ground were United States ($13.4M), Germany ($10.7M), Netherlands ($9.67M), France ($6.39M), and United Kingdom ($4.99M).

Ranking Spices: nutmeg, crushed or ground ranks 4132nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Spices: nutmeg, 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)Indonesia$38.7M
Top Destination (2023)United States$13.4M

In 2023 Spices: nutmeg, crushed or ground were the world's 4463rd most traded product (out of 5,198).

In 2023, the top exporters of Spices: nutmeg, crushed or ground were Indonesia ($38.7M), Vietnam ($9.15M), India ($8.95M), Netherlands ($6.61M), and Germany ($5.41M).

In 2023, the top importers of Spices: nutmeg, crushed or ground were United States ($13.4M), Germany ($10.7M), Netherlands ($9.67M), France ($6.39M), and United Kingdom ($4.99M).

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Exporters of Spices: nutmeg, crushed or ground (2023)
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Importers of Spices: nutmeg, crushed or ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$571k
Top Destination Growth (2022 -  2023)United Arab Emirates$901k

Between 2022 and 2023, the exports of Spices: nutmeg, crushed or ground grew the fastest in United Arab Emirates ($571k), Canada ($311k), France ($305k), Bahrain ($226k), and Belgium ($136k).

Between 2022 and 2023, the fastest growing importers of Spices: nutmeg, crushed or ground were United Arab Emirates ($901k), Germany ($501k), Poland ($472k), Vietnam ($354k), and Republic of the Congo ($335k).

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Exporters of Spices: nutmeg, crushed or ground (2022 - 2023)

Importers of Spices: nutmeg, crushed or ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spices: nutmeg, crushed or ground.

In 2023, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Spices: nutmeg, crushed or ground are explained by 9 countries.

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Value of Exports in Spices: nutmeg, crushed or ground

Net Trade

TOP NET EXPORTER (2023)Indonesia$38.2M
TOP NET IMPORTER (2023)United States$12.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Spices: nutmeg, crushed or ground were Indonesia ($38.2M), Vietnam ($8.56M), India ($7M), Sri Lanka ($3.65M), and Grenada ($1.56M).

In 2023, the countries that had a largest trade value in imports than in exports of Spices: nutmeg, crushed or ground were United States ($12.4M), Germany ($5.26M), France ($4.8M), United Kingdom ($4.55M), and Netherlands ($3.07M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Spices: nutmeg, 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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