2023
Exports
$51MWorld Rnk 17 / 198
Flag Rnk 340 / 1192
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$10.1MWorld Rnk 55 / 224
Flag Rnk 779 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $51M in Spices, making it the 17th largest exporter of Spices in the world. At the same year, Spices was the 340th most exported product in Indonesia. The main destination of Spices exports from Indonesia are: Bangladesh ($15.3M), Pakistan ($8.13M), Saudi Arabia ($8.04M), India ($4.68M), and Malaysia ($2.91M).

The fastest growing export markets for Spices of Indonesia between 2022 and 2023 were Bangladesh ($14.2M), Pakistan ($7.61M), and Saudi Arabia ($2.42M).

Imports In 2023, Indonesia imported $10.1M in Spices, becoming the 55th largest importer of Spices in the world. At the same year, Spices was the 779th most imported product in Indonesia. Indonesia imports Spices primarily from: India ($5.05M), Thailand ($1.1M), Malaysia ($667k), Vietnam ($577k), and Pakistan ($557k).

The fastest growing import markets in Spices for Indonesia between 2022 and 2023 were Thailand ($1.06M), Vietnam ($318k), and Pakistan ($264k).

Latest Trends

Jan 2025

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 Spices. 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)$51M
IMPORTS (2023)$10.1M
NET TRADE (2023)$40.9M

In 2023, Indonesia exported $51M in Spices. The main destinations of Indonesia exports on Spices were Bangladesh ($15.3M), Pakistan ($8.13M), Saudi Arabia ($8.04M), India ($4.68M), and Malaysia ($2.91M).

In 2023, Indonesia imported $10.1M in Spices, mainly from India ($5.05M), Thailand ($1.1M), Malaysia ($667k), Vietnam ($577k), and Pakistan ($557k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Bangladesh$14.2M (1.22k%)
Pakistan$7.61M (1.48k%)
Saudi Arabia$2.42M (42.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Indonesia WERE (2022 - 2023):
India-$4.84M (-50.9%)
United Kingdom-$271k (-49.4%)
United States-$164k (-29.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Spices were:
In 2023, Indonesia's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.1M
TOP IMPORT POTENTIALIndia+ $1.76M

Spices’s highest export potential is Malaysia. With an export gap of $1.1M.   Spices’s highest import potential is India with an import gap of $1.76M.

See methodology.

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