2022
Exports
$20.2MWorld Rnk 8 / 139
Flag Rnk 100 / 1074
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$159kWorld Rnk 105 / 208
Flag Rnk 932 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $20.2M in Nutmeg, mace and cardamons, making it the 8th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 100th most exported product in Sri Lanka. The main destination of Nutmeg, mace and cardamons exports from Sri Lanka are: India ($6.82M), Germany ($2.76M), United Arab Emirates ($2.54M), China ($1.97M), and Bangladesh ($1.61M).

The fastest growing export markets for Nutmeg, mace and cardamons of Sri Lanka between 2021 and 2022 were United Arab Emirates ($786k), India ($601k), and Italy ($221k).

Imports In 2022, Sri Lanka imported $159k in Nutmeg, mace and cardamons, becoming the 105th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 932nd most imported product in Sri Lanka. Sri Lanka imports Nutmeg, mace and cardamons primarily from: Germany ($94.9k), United Arab Emirates ($35.8k), Canada ($25.1k), India ($2.35k), and Singapore ($1.11k).

The fastest growing import markets in Nutmeg, mace and cardamons for Sri Lanka between 2021 and 2022 were United Arab Emirates ($30.7k), Canada ($25k), and Germany ($24.1k).

Latest Trends

Oct 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 (2022)$20.2M
IMPORTS (2022)$159k
NET TRADE (2022)$20.1M

In 2022, Sri Lanka exported $20.2M in Nutmeg, mace and cardamons. The main destinations of Sri Lanka exports on Nutmeg, mace and cardamons were India ($6.82M), Germany ($2.76M), United Arab Emirates ($2.54M), China ($1.97M), and Bangladesh ($1.61M).

In 2022, Sri Lanka imported $159k in Nutmeg, mace and cardamons, mainly from Germany ($94.9k), United Arab Emirates ($35.8k), Canada ($25.1k), India ($2.35k), and Singapore ($1.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$601k (9.67%)
Italy$221k (514%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Sri Lanka WERE (2021 - 2022):
Egypt-$560k (-61.6%)
Germany-$509k (-15.6%)
Japan-$396k (-85.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Sri Lanka'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 POTENTIALChina+ $1M
TOP IMPORT POTENTIALUnited Arab Emirates+ $15.2k

Nutmeg, mace and cardamons’s highest export potential is China. With an export gap of $1M.   Nutmeg, mace and cardamons’s highest import potential is United Arab Emirates with an import gap of $15.2k.

See methodology.

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