2018
Exports
$47.5kWorld Rnk 75 / 141
Flag Rnk 527 / 945
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.89Rnk 990 / 1025
2018
Imports
$38.7MWorld Rnk 5 / 211
Flag Rnk 236 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2018, Bangladesh exported $47.5k in Nutmeg, mace and cardamons, making it the 75th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 527th most exported product in Bangladesh. The main destination of Nutmeg, mace and cardamons exports from Bangladesh are: Italy ($15.4k), United States ($9.12k), United Kingdom ($7.11k), Australia ($4.54k), and Maldives ($2.87k).

The fastest growing export markets for Nutmeg, mace and cardamons of Bangladesh between 2022 and 2023 were Italy ($15.4k), United States ($9.12k), and Maldives ($2.87k).

Imports In 2023, Bangladesh imported $38.7M in Nutmeg, mace and cardamons, becoming the 5th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 236th most imported product in Bangladesh. Bangladesh imports Nutmeg, mace and cardamons primarily from: Guatemala ($18.6M), Singapore ($6.67M), United Arab Emirates ($5.23M), Indonesia ($3.7M), and India ($2.6M).

The fastest growing import markets in Nutmeg, mace and cardamons for Bangladesh between 2022 and 2023 were Indonesia ($1.18M) and Sri Lanka ($329k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nutmeg, mace and cardamons. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$47.5k
IMPORTS (2023)$38.7M
NET TRADE (2023)-$38.7M

In 2023, Bangladesh exported $47.5k in Nutmeg, mace and cardamons. The main destinations of Bangladesh exports on Nutmeg, mace and cardamons were Italy ($15.4k), United States ($9.12k), United Kingdom ($7.11k), Australia ($4.54k), and Maldives ($2.87k).

In 2023, Bangladesh imported $38.7M in Nutmeg, mace and cardamons, mainly from Guatemala ($18.6M), Singapore ($6.67M), United Arab Emirates ($5.23M), Indonesia ($3.7M), and India ($2.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Italy$15.4k (1%)
United States$9.12k (1%)
Maldives$2.87k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Bangladesh WERE (2022 - 2023):
Jordan-$4.75k (-100%)
South Korea-$3.73k (-100%)
Japan-$2.17k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Nutmeg, mace and cardamons were:
In 2023, Bangladesh's main importing competitors in Nutmeg, mace and cardamons were:

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $4.68k
TOP IMPORT POTENTIALIndia+ $4.92M

Nutmeg, mace and cardamons’s highest export potential is United Kingdom. With an export gap of $4.68k.   Nutmeg, mace and cardamons’s highest import potential is India with an import gap of $4.92M.

See methodology.

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