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090422 (Harmonized System 2012 for 6-digit)

2023
World Trade $1.32BRnk 1913 / 5198
2023
Top Exporter | Top Importer $460M | $315MChina | United States
2023
Product Complexity -1.3Rnk 4583 / 5199
2022 - 2023
Export Growth (CAGR) 15.4%Rnk 515 / 5198
2023
Share of World Trade 0.0058%Rnk 1913 / 5198

About

Overview This page contains the latest trade data of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground. In 2023, Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were the world's 1913th most traded product, with a total trade of $1.32B. Between 2022 and 2023 the exports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground grew by 15.4%, from $1.15B to $1.32B. Trade in Spices: fruits of the genus Capsicum or Pimenta, crushed or ground represent 0.0058% of total world trade.

Spices: fruits of the genus Capsicum or Pimenta, crushed or ground are a part of Pepper of the genus piper; dried or crushed or ground fruits of....

Exports In 2023 the top exporters of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground  were China ($460M), India ($268M), Spain ($268M), Mexico ($52.3M), and Germany ($24.5M).

Imports In 2023 the top importers of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were United States ($315M), South Korea ($68M), United Kingdom ($64.7M), Japan ($58.4M), and Germany ($57.7M).

Ranking Spices: fruits of the genus Capsicum or Pimenta, crushed or ground ranks 4583rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Spices: fruits of the genus Capsicum or Pimenta, crushed or ground. 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)China$460M
Top Destination (2023)United States$315M

In 2023 Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were the world's 1913th most traded product (out of 5,198).

In 2023, the top exporters of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were China ($460M), India ($268M), Spain ($268M), Mexico ($52.3M), and Germany ($24.5M).

In 2023, the top importers of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were United States ($315M), South Korea ($68M), United Kingdom ($64.7M), Japan ($58.4M), and Germany ($57.7M).

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Exporters of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground (2023)
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Importers of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$110M
Top Destination Growth (2022 -  2023)South Korea$57.5M

Between 2022 and 2023, the exports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground grew the fastest in China ($110M), India ($23M), Spain ($19.2M), Mexico ($16.6M), and Morocco ($4.03M).

Between 2022 and 2023, the fastest growing importers of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were South Korea ($57.5M), United States ($31.9M), Malaysia ($11.7M), Indonesia ($9.65M), and Hong Kong ($8.33M).

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Exporters of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground (2022 - 2023)

Importers of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground.

In 2023, market concentration measured using Shannon Entropy, was 3.21. This means that most of the exports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground are explained by 9 countries.

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Value of Exports in Spices: fruits of the genus Capsicum or Pimenta, crushed or ground

Net Trade

TOP NET EXPORTER (2023)China$457M
TOP NET IMPORTER (2023)United States$298M

This map shows which countries export or import more of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground. Each country is colored based on the difference in exports and imports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were China ($457M), India ($262M), Spain ($232M), Peru ($22.1M), and Mexico ($19.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground were United States ($298M), United Kingdom ($61.6M), Japan ($56.6M), South Korea ($53.3M), and Canada ($40.7M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Spices: fruits of the genus Capsicum or Pimenta, crushed or ground 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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