HS Icon Mixtures of spices

091091 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Mixtures of spices. In 2019, Mixtures of spices were the world's 2713th most traded product, with a total trade of $517M. Between 2018 and 2019 the exports of Mixtures of spices grew by 9.89%, from $471M to $517M. Trade in Mixtures of spices represent 0.0029% of total world trade.

Exports In 2019 the top exporters of Mixtures of spices  were Netherlands ($74.5M), India ($71.1M), China ($61.2M), Pakistan ($52.5M), and Germany ($49.3M).

Imports In 2019 the top importers of Mixtures of spices were Saudi Arabia ($38.1M), United States ($37.8M), Malaysia ($35.6M), Germany ($33.2M), and United Kingdom ($30.3M).

Tariffs In 2018 the average tariff for Mixtures of spices was 8.7%, making it the 2639th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mixtures of spices are Cyprus (42%), Tunisia (36%), Cape Verde (30%), Algeria (30%), and Sri Lanka (30%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Bosnia and Herzegovina (0%).

Ranking Mixtures of spices ranks 3911th in the Product Complexity Index (PCI).

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Netherlands, $74.5M

Top Destination (2019): Saudi Arabia, $38.1M

Mixtures of spices are the world's 2713th most traded product.

In 2019, the top exporters of Mixtures of spices were Netherlands ($74.5M), India ($71.1M), China ($61.2M), Pakistan ($52.5M), and Germany ($49.3M).

In 2019, the top importers of Mixtures of spices were Saudi Arabia ($38.1M), United States ($37.8M), Malaysia ($35.6M), Germany ($33.2M), and United Kingdom ($30.3M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $56.4M

Top Destination Growth (2018 - 2019): Malaysia, $33.1M

Between 2018 and 2019, the exports of Mixtures of spices grew the fastest in China ($56.4M), Bangladesh ($4.3M), India ($3.42M), Thailand ($2.85M), and Hungary ($1.65M).

Between 2018 and 2019, the fastest growing importers of Mixtures of spices were Malaysia ($33.1M), Thailand ($9.15M), Vietnam ($7.94M), United Arab Emirates ($7.92M), and Hong Kong ($7.26M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Mixtures of spices.

In 2019,  market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Mixtures of spices are explained by 20 countries.

Explore Visualizations

TOP NET EXPORTER (2019): India, $70.2M

TOP NET IMPORTER (2019): Saudi Arabia, $37.7M

This map shows which countries export or import more of Mixtures of spices. Each country is colored based on the difference in exports and imports of Mixtures of spices during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Mixtures of spices were India ($70.2M), China ($59.4M), Netherlands ($58.4M), Pakistan ($50.2M), and Germany ($16.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Mixtures of spices were Saudi Arabia ($37.7M), United States ($29.4M), Malaysia ($28.6M), United Arab Emirates ($19.3M), and United Kingdom ($18.8M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Mixtures of spices was 8.7%. The countries with the highest tariffs for importing Mixtures of spices were Cyprus (42%), Tunisia (36%), Cape Verde (30%), Algeria (30%), and Sri Lanka (30%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.