NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spices

0910 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.57BRnk 629 / 1217
2023
Top Exporter | Top Importer $641M | $422MChina | United States
2023
Product Complexity -1.49Rnk 959 / 1044
2022 - 2023
Export Growth (CAGR) 8.1%Rnk 189 / 1217
2023
Share of World Trade 0.016%Rnk 629 / 1217

About

Overview This page contains the latest trade data of Spices. In 2023, Spices were the world's 629th most traded product, with a total trade of $3.57B. Between 2022 and 2023 the exports of Spices grew by 8.1%, from $3.3B to $3.57B. Trade in Spices represent 0.016% of total world trade.

Spices are a part of Coffee, tea, mate & spices. They include Ginger, Assorted Spices, Mixtures of spices, Saffron, Turmeric (curcuma), Thyme and bay leaves, and Curry.

Exports In 2023 the top exporters of Spices  were China ($641M), India ($509M), Germany ($172M), Netherlands ($171M), and Spain ($165M).

Imports In 2023 the top importers of Spices were United States ($422M), Netherlands ($241M), Germany ($209M), Saudi Arabia ($179M), and Japan ($156M).

Ranking Spices ranks 959th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

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

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$641M
Top Destination (2023)United States$422M

In 2023 Spices were the world's 629th most traded product (out of 1,217).

In 2023, the top exporters of Spices were China ($641M), India ($509M), Germany ($172M), Netherlands ($171M), and Spain ($165M).

In 2023, the top importers of Spices were United States ($422M), Netherlands ($241M), Germany ($209M), Saudi Arabia ($179M), and Japan ($156M).

Explore Visualizations

Exporters of Spices (2023)
[Click to Select a Country]

Importers of Spices (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$64.1M
Top Destination Growth (2022 -  2023)Netherlands$62.1M

Between 2022 and 2023, the exports of Spices grew the fastest in China ($64.1M), Peru ($55.9M), Saudi Arabia ($34.7M), Brazil ($31.2M), and Indonesia ($23.8M).

Between 2022 and 2023, the fastest growing importers of Spices were Netherlands ($62.1M), Malaysia ($24.7M), Egypt ($23.7M), Bangladesh ($18M), and Nigeria ($16.2M).

Explore Visualizations

Exporters of Spices (2022 - 2023)

Importers of Spices (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.86. This means that most of the exports of Spices are explained by 29 countries.

Explore Visualizations

Value of Exports in Spices

Net Trade

TOP NET EXPORTER (2023)China$541M
TOP NET IMPORTER (2023)United States$370M

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

In 2023, the countries that had a largest trade value in exports than in imports of Spices were China ($541M), India ($405M), Peru ($150M), Iran ($103M), and Thailand ($89.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Spices were United States ($370M), Japan ($143M), Saudi Arabia ($137M), Canada ($102M), and United Kingdom ($101M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Spices, disaggragated by their HS6 level were Ginger ($1.34B), Assorted Spices ($1B), Mixtures of spices ($628M), Turmeric (curcuma) ($337M), and Saffron ($266M)

HS6 Disaggregation for Spices (2023)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Spices by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.86M
TOP IMPORT POTENTIALIndia+ $18.6M

Spices’s highest export potential is United States. With an export gap of $7.86M.  Spices’s highest import potential is India with an import gap of $18.6M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Spices.

Country by Relatedness

The following visualization shows the relatedness of Spices to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms