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2023
Exports $7.43MWorld Rnk 12 / 141
Flag Rnk 1 / 447
2023
Destination $289k India
2022 - 2023
FASTEST GROWING MARKET $289kCanada
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons-1.89Rnk 990 / 1025
2023
Imports $4.44kWorld Rnk 173 / 211
Flag Rnk 823 / 1048
2023
Origin $230 United States
2022 - 2023
FASTEST GROWING ORIGIN $230United Kingdom

About

Exports In 2023, Grenada exported $7.43M in Nutmeg, mace and cardamons, making it the 12th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 1st most exported product in Grenada. The main destination of Nutmeg, mace and cardamons exports from Grenada are: India ($1.14M), Canada ($1.13M), Netherlands ($885k), Germany ($850k), and Argentina ($717k).

The fastest growing export markets for Nutmeg, mace and cardamons of Grenada between 2022 and 2023 were Canada ($289k), Argentina ($143k), and India ($127k).

Imports In 2023, Grenada imported $4.44k in Nutmeg, mace and cardamons, becoming the 173rd largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 823rd most imported product in Grenada. Grenada imports Nutmeg, mace and cardamons primarily from: United States ($4.08k), United Kingdom ($306), and Guyana ($59).

The fastest growing import markets in Nutmeg, mace and cardamons for Grenada between 2022 and 2023 were United Kingdom ($230) and Guyana ($59).

Latest Trends

Dec 2024

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)$7.43M
IMPORTS (2023)$4.44k
NET TRADE (2023)$7.43M

In 2023, Grenada exported $7.43M in Nutmeg, mace and cardamons. The main destinations of Grenada exports on Nutmeg, mace and cardamons were India ($1.14M), Canada ($1.13M), Netherlands ($885k), Germany ($850k), and Argentina ($717k).

In 2023, Grenada imported $4.44k in Nutmeg, mace and cardamons, mainly from United States ($4.08k), United Kingdom ($306), and Guyana ($59).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Grenada WERE (2022 - 2023):
Canada$289k (34.3%)
Argentina$143k (25%)
India$127k (12.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Grenada WERE (2022 - 2023):
United States-$568k (-51%)
United Arab Emirates-$376k (-52.6%)
Italy-$373k (-48.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Grenada's main exporting competitors in Nutmeg, mace and cardamons were:
Guatemala $387M
Indonesia $263M
India $127M
In 2023, Grenada'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

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N/A
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Nutmeg, mace and cardamons’s highest export potential is N/A. With an export gap of N/A.   Nutmeg, mace and cardamons’s highest import potential is N/A with an import gap of N/A.

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