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090810 (Harmonized System 1992 for 6-digit)

2023
World Trade $238MRnk 3535 / 4644
2023
Top Exporter | Top Importer $129M | $45.4MIndonesia | China
2023
Product Complexity -0.95Rnk 3758 / 4656
2022 - 2023
Export Growth (CAGR) -5.96%Rnk 2205 / 4644
2023
Share of World Trade 0.0011%Rnk 3535 / 4644

About

Overview This page contains the latest trade data of Nutmeg. In 2023, Nutmeg were the world's 3535th most traded product, with a total trade of $238M. Between 2022 and 2023 the exports of Nutmeg decreased by -5.96%, from $253M to $238M. Trade in Nutmeg represent 0.0011% of total world trade.

Nutmeg are a part of Nutmeg, mace and cardamons.

Exports In 2023 the top exporters of Nutmeg  were Indonesia ($129M), India ($28.5M), Sri Lanka ($15.2M), United Arab Emirates ($11.7M), and Vietnam ($9.5M).

Imports In 2023 the top importers of Nutmeg were China ($45.4M), Germany ($17.7M), United States ($16.9M), Vietnam ($15.6M), and Netherlands ($13.8M).

Ranking Nutmeg ranks 3758th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nutmeg. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Indonesia$129M
Top Destination (2023)China$45.4M

In 2023 Nutmeg were the world's 3535th most traded product (out of 4,644).

In 2023, the top exporters of Nutmeg were Indonesia ($129M), India ($28.5M), Sri Lanka ($15.2M), United Arab Emirates ($11.7M), and Vietnam ($9.5M).

In 2023, the top importers of Nutmeg were China ($45.4M), Germany ($17.7M), United States ($16.9M), Vietnam ($15.6M), and Netherlands ($13.8M).

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Exporters of Nutmeg (2023)
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Importers of Nutmeg (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$2.59M
Top Destination Growth (2022 -  2023)China$11.1M

Between 2022 and 2023, the exports of Nutmeg grew the fastest in United Arab Emirates ($2.59M), Sri Lanka ($2.05M), India ($1.24M), Saudi Arabia ($879k), and Canada ($654k).

Between 2022 and 2023, the fastest growing importers of Nutmeg were China ($11.1M), Ghana ($2.46M), Poland ($1.45M), Iraq ($1.09M), and Syria ($1.03M).

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Exporters of Nutmeg (2022 - 2023)

Importers of Nutmeg (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nutmeg.

In 2023, market concentration measured using Shannon Entropy, was 2.7. This means that most of the exports of Nutmeg are explained by 6 countries.

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Value of Exports in Nutmeg

Net Trade

TOP NET EXPORTER (2023)Indonesia$129M
TOP NET IMPORTER (2023)China$44.8M

This map shows which countries export or import more of Nutmeg. Each country is colored based on the difference in exports and imports of Nutmeg during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Nutmeg were Indonesia ($129M), India ($21.4M), Sri Lanka ($15.2M), Grenada ($6.93M), and Saudi Arabia ($834k).

In 2023, the countries that had a largest trade value in imports than in exports of Nutmeg were China ($44.8M), United States ($15.8M), Germany ($12M), Japan ($6.21M), and Vietnam ($6.1M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Nutmeg.
It is possible to select the main countries that export or import Nutmeg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nutmeg by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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