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Exports In 2023, India exported $28.5M in Nutmeg, making it the 2nd largest exporter of Nutmeg in the world. At the same year, Nutmeg was the 1344th most exported product in India. The main destination of Nutmeg exports from India are: United Arab Emirates ($9.85M), Vietnam ($2.12M), United States ($1.77M), Brazil ($1.25M), and Iraq ($1.17M).

The fastest growing export markets for Nutmeg of India between 2022 and 2023 were United Arab Emirates ($1.5M), Vietnam ($1.16M), and Iraq ($605k).

Imports In 2023, India imported $7.1M in Nutmeg, becoming the 8th largest importer of Nutmeg in the world. At the same year, Nutmeg was the 2462nd most imported product in India. India imports Nutmeg primarily from: Sri Lanka ($4.35M), Indonesia ($1.33M), Grenada ($977k), United Arab Emirates ($446k), and United Kingdom ($813).

The fastest growing import markets in Nutmeg for India between 2022 and 2023 were Sri Lanka ($1.08M), United Arab Emirates ($438k), and Grenada ($133k).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Nutmeg 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. 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)$28.5M
IMPORTS (2023)$7.1M
NET TRADE (2023)$21.4M

In 2023, India exported $28.5M in Nutmeg. The main destinations of India exports on Nutmeg were United Arab Emirates ($9.85M), Vietnam ($2.12M), United States ($1.77M), Brazil ($1.25M), and Iraq ($1.17M).

In 2023, India imported $7.1M in Nutmeg, mainly from Sri Lanka ($4.35M), Indonesia ($1.33M), Grenada ($977k), United Arab Emirates ($446k), and United Kingdom ($813).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nutmeg EXPORT MARKETS FOR India WERE (2022 - 2023):
Vietnam$1.16M (121%)
Iraq$605k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg BY India WERE (2022 - 2023):
Nigeria-$1.63M (-71%)
United States-$968k (-35.4%)
Egypt-$916k (-67%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Nutmeg were:
In 2023, India's main importing competitors in Nutmeg were:

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Trade Value of Nutmeg by Exporters

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