2023
Exports
$127MWorld Rnk 3 / 141
Flag Rnk 382 / 1212
2023
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.89Rnk 990 / 1025
2023
Imports
$125MWorld Rnk 3 / 211
Flag Rnk 392 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $127M in Nutmeg, mace and cardamons, making it the 3rd largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 382nd most exported product in India. The main destination of Nutmeg, mace and cardamons exports from India are: United Arab Emirates ($41M), Saudi Arabia ($21.8M), United States ($9.52M), Kuwait ($6.8M), and Iraq ($3.24M).

The fastest growing export markets for Nutmeg, mace and cardamons of India between 2022 and 2023 were Vietnam ($1.11M), Pakistan ($883k), and Brazil ($592k).

Imports In 2023, India imported $125M in Nutmeg, mace and cardamons, becoming the 3rd largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 392nd most imported product in India. India imports Nutmeg, mace and cardamons primarily from: Nepal ($66M), Indonesia ($33.9M), Guatemala ($9.41M), Sri Lanka ($8.66M), and Singapore ($2.69M).

The fastest growing import markets in Nutmeg, mace and cardamons for India between 2022 and 2023 were Nepal ($18.9M), Guatemala ($5.88M), and Sri Lanka ($2.43M).

COMPANIES In 2023, leading companies such as Cinmar (8) and Givaudan Fragrances (3) were at the forefront of shipping Nutmeg, mace and cardamons from India to the United States.

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)$127M
IMPORTS (2023)$125M
NET TRADE (2023)$2M

In 2023, India exported $127M in Nutmeg, mace and cardamons. The main destinations of India exports on Nutmeg, mace and cardamons were United Arab Emirates ($41M), Saudi Arabia ($21.8M), United States ($9.52M), Kuwait ($6.8M), and Iraq ($3.24M).

In 2023, India imported $125M in Nutmeg, mace and cardamons, mainly from Nepal ($66M), Indonesia ($33.9M), Guatemala ($9.41M), Sri Lanka ($8.66M), and Singapore ($2.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR India WERE (2022 - 2023):
Vietnam$1.11M (97.7%)
Pakistan$883k (71.6%)
Brazil$592k (70.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY India WERE (2022 - 2023):
United Arab Emirates-$20.2M (-33%)
Bangladesh-$7.87M (-75.2%)
United States-$6.31M (-39.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Nutmeg, mace and cardamons were:
In 2023, India'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
View
TOP EXPORT POTENTIALBangladesh+ $4.92M
TOP IMPORT POTENTIALIndonesia+ $2.91M

Nutmeg, mace and cardamons’s highest export potential is Bangladesh. With an export gap of $4.92M.   Nutmeg, mace and cardamons’s highest import potential is Indonesia with an import gap of $2.91M.

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