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2023
Exports $2.03MWorld Rnk 22 / 141
Flag Rnk 938 / 1212
2023
Destination $905k United States
2022 - 2023
FASTEST GROWING MARKET $905kUnited States
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons-1.89Rnk 990 / 1025
2023
Imports $9.95MWorld Rnk 25 / 211
Flag Rnk 945 / 1211
2023
Origin $289k India
2022 - 2023
FASTEST GROWING ORIGIN $289kGrenada
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $2.03M in Nutmeg, mace and cardamons, making it the 22nd largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 938th most exported product in Canada. The main destination of Nutmeg, mace and cardamons exports from Canada are: United States ($1.97M), Trinidad and Tobago ($51.6k), Jamaica ($2.98k), France ($1.73k), and United Kingdom ($1.33k).

The fastest growing export markets for Nutmeg, mace and cardamons of Canada between 2022 and 2023 were United States ($905k), Trinidad and Tobago ($36.7k), and France ($1.73k).

Imports In 2023, Canada imported $9.95M in Nutmeg, mace and cardamons, becoming the 25th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 945th most imported product in Canada. Canada imports Nutmeg, mace and cardamons primarily from: India ($3.12M), Guatemala ($2.32M), Indonesia ($1.94M), Grenada ($1.13M), and Honduras ($224k).

The fastest growing import markets in Nutmeg, mace and cardamons for Canada between 2022 and 2023 were Grenada ($289k), Netherlands ($203k), and Turkey ($23.1k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Nutmeg, mace and cardamons exports accounted up to C$335 and imports accounted up to C$751k, resulting in a negative trade balance of C$751k. Between October 2021 and November 2024 the exports of Canada's   Nutmeg, mace and cardamons have increased by C$227 (210%) from C$108 to C$335, while imports decreased by C$-1.05M (-58.3%) from C$1.8M to C$751k.

Destinations In November 2024, Nutmeg, mace and cardamons were exported mostly to France (C$335), and were imported mostly from India (C$357k), Grenada (C$119k), Indonesia (C$93k), Guatemala (C$90.2k), and Colombia (C$34.1k).

Growth In November 2024, the increase in Nutmeg, mace and cardamons's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Nutmeg, mace and cardamons's year-by-year imports was explained primarily by a decrease in imports from Nigeria (C$-98.1k or -100%), Vietnam (C$-95.3k or -96.7%), and Indonesia (C$-42.8k or -16.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2021 - November 2024)C$227(210%)
IMPORT GROWTH (November 2023 - November 2024)C$-1.05M(-58.3%)
MAIN EXPORTER (November 2024)QuebecC$5.51k
MAIN DESTINATION (November 2024)FranceC$335

This section shows Nutmeg, mace and cardamons's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nutmeg, mace and cardamons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.03M
IMPORTS (2023)$9.95M
NET TRADE (2023)-$7.92M

In 2023, Canada exported $2.03M in Nutmeg, mace and cardamons. The main destinations of Canada exports on Nutmeg, mace and cardamons were United States ($1.97M), Trinidad and Tobago ($51.6k), Jamaica ($2.98k), France ($1.73k), and United Kingdom ($1.33k).

In 2023, Canada imported $9.95M in Nutmeg, mace and cardamons, mainly from India ($3.12M), Guatemala ($2.32M), Indonesia ($1.94M), Grenada ($1.13M), and Honduras ($224k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$905k (84.7%)
Trinidad and Tobago$36.7k (245%)
France$1.73k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Canada WERE (2022 - 2023):
Sri Lanka-$25.1k (-100%)
Dominican Republic-$1.89k (-100%)
El Salvador-$1.78k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Nutmeg, mace and cardamons were:
Guatemala $387M
Indonesia $263M
India $127M
In 2023, Canada's main importing competitors in Nutmeg, mace and cardamons were:
Saudi Arabia $140M
United Arab Emirates $134M
India $125M

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $522k
TOP IMPORT POTENTIALGuatemala+ $861k

Nutmeg, mace and cardamons’s highest export potential is United States. With an export gap of $522k.   Nutmeg, mace and cardamons’s highest import potential is Guatemala with an import gap of $861k.

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