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2022
Exports $8.85MWorld Rnk 20 / 145
Flag Rnk 1072 / 1217
2022
Destination $599k Canada
2021 - 2022
FASTEST GROWING MARKET $599kCanada
2022
PRODUCT COMPLEXITY IN Spice Seeds-1.2Rnk 880 / 1025
2022
Imports $99.7MWorld Rnk 3 / 216
Flag Rnk 879 / 1216
2022
Origin $1.85M India
2021 - 2022
FASTEST GROWING ORIGIN $1.85MEgypt
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.85M in Spice Seeds, making it the 20th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 1072nd most exported product in United States. The main destination of Spice Seeds exports from United States are: Canada ($3.06M), Thailand ($931k), Netherlands ($643k), Mexico ($628k), and Brazil ($445k).

The fastest growing export markets for Spice Seeds of United States between 2021 and 2022 were Canada ($599k), Brazil ($367k), and Ecuador ($89.1k).

Imports In 2022, United States imported $99.7M in Spice Seeds, becoming the 3rd largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 879th most imported product in United States. United States imports Spice Seeds primarily from: India ($50.7M), Egypt ($12M), Turkey ($7.09M), Canada ($6.88M), and Vietnam ($6.06M).

The fastest growing import markets in Spice Seeds for United States between 2021 and 2022 were Egypt ($1.85M), Germany ($1.21M), and Finland ($904k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (12), Sutong (5), and Jo-Ann Stores (2) were at the forefront of shipping Spice Seeds to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Spice Seeds exports accounted up to $1.22M and imports accounted up to $9.34M, resulting in a negative trade balance of $8.12M. Between August 2023 and August 2024 the exports of United States'   Spice Seeds have increased by $494k (68%) from $726k to $1.22M, while imports decreased by $-594k (-5.98%) from $9.94M to $9.34M.

Destinations In August 2024, Spice Seeds were exported mostly to Canada ($368k), India ($296k), Mexico ($200k), Dominican Republic ($163k), and Thailand ($71.3k), and were imported mostly from India ($6.53M), Egypt ($867k), Vietnam ($600k), Turkey ($312k), and China ($230k).

Growth In August 2024, the increase in Spice Seeds's year-by-year exports was explained primarily by an increase in exports to Mexico ($124k or 374%). In August 2024, the decrease in Spice Seeds's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-1.59M or -74.9%), Vietnam ($-446k or -66.1%), and China ($-324k or -65.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$494k(68%)
IMPORT GROWTH (August 2023 - August 2024)$-594k(-5.98%)
MAIN EXPORTER (August 2024)Tennessee$486k
MAIN DESTINATION (August 2024)Canada$368k

This section shows Spice Seeds's exports and imports data at subnational level for United States. 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 Spice Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.85M
IMPORTS (2022)$99.7M
NET TRADE (2022)-$90.8M

In 2022, United States exported $8.85M in Spice Seeds. The main destinations of United States exports on Spice Seeds were Canada ($3.06M), Thailand ($931k), Netherlands ($643k), Mexico ($628k), and Brazil ($445k).

In 2022, United States imported $99.7M in Spice Seeds, mainly from India ($50.7M), Egypt ($12M), Turkey ($7.09M), Canada ($6.88M), and Vietnam ($6.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$599k (24.4%)
Brazil$367k (470%)
Ecuador$89.1k (363%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY United States WERE (2021 - 2022):
Saudi Arabia-$213k (-100%)
India-$211k (-54%)
Netherlands-$100k (-13.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, United States's main importing competitors in Spice Seeds were:
China $136M
India $119M

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $262k
TOP IMPORT POTENTIALIndia+ $7.76M

Spice Seeds’s highest export potential is India. With an export gap of $262k.   Spice Seeds’s highest import potential is India with an import gap of $7.76M.

See methodology.

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