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090822 (Harmonized System 2012 for 6-digit)

2023
World Trade $25.4MRnk 4934 / 5198
2023
Top Exporter | Top Importer $10.5M | $5.71MIndonesia | Netherlands
2023
Product Complexity -1.46Rnk 4739 / 5199
2022 - 2023
Export Growth (CAGR) 4.85%Rnk 1232 / 5198
2023
Share of World Trade 0.00011%Rnk 4934 / 5198

About

Overview This page contains the latest trade data of Spices: mace, crushed or ground. In 2023, Spices: mace, crushed or ground were the world's 4934th most traded product, with a total trade of $25.4M. Between 2022 and 2023 the exports of Spices: mace, crushed or ground grew by 4.85%, from $24.3M to $25.4M. Trade in Spices: mace, crushed or ground represent 0.00011% of total world trade.

Spices: mace, crushed or ground are a part of Nutmeg, mace and cardamoms.

Exports In 2023 the top exporters of Spices: mace, crushed or ground  were Indonesia ($10.5M), Netherlands ($4.42M), Vietnam ($3.39M), Germany ($1.56M), and Belgium ($1.2M).

Imports In 2023 the top importers of Spices: mace, crushed or ground were Netherlands ($5.71M), Germany ($5.16M), United Kingdom ($2.57M), Belgium ($2.56M), and United States ($2.22M).

Ranking Spices: mace, crushed or ground ranks 4739th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Spices: mace, 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)Indonesia$10.5M
Top Destination (2023)Netherlands$5.71M

In 2023 Spices: mace, crushed or ground were the world's 4934th most traded product (out of 5,198).

In 2023, the top exporters of Spices: mace, crushed or ground were Indonesia ($10.5M), Netherlands ($4.42M), Vietnam ($3.39M), Germany ($1.56M), and Belgium ($1.2M).

In 2023, the top importers of Spices: mace, crushed or ground were Netherlands ($5.71M), Germany ($5.16M), United Kingdom ($2.57M), Belgium ($2.56M), and United States ($2.22M).

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Exporters of Spices: mace, crushed or ground (2023)
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Importers of Spices: mace, crushed or ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$1.29M
Top Destination Growth (2022 -  2023)Germany$2.44M

Between 2022 and 2023, the exports of Spices: mace, crushed or ground grew the fastest in Netherlands ($1.29M), Vietnam ($435k), Belgium ($238k), Canada ($150k), and Singapore ($135k).

Between 2022 and 2023, the fastest growing importers of Spices: mace, crushed or ground were Germany ($2.44M), United Kingdom ($547k), Belgium ($381k), South Africa ($318k), and India ($290k).

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Exporters of Spices: mace, crushed or ground (2022 - 2023)

Importers of Spices: mace, crushed or ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spices: mace, crushed or ground.

In 2023, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Spices: mace, crushed or ground are explained by 7 countries.

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Value of Exports in Spices: mace, crushed or ground

Net Trade

TOP NET EXPORTER (2023)Indonesia$10.3M
TOP NET IMPORTER (2023)Germany$3.6M

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

In 2023, the countries that had a largest trade value in exports than in imports of Spices: mace, crushed or ground were Indonesia ($10.3M), Vietnam ($3.33M), Sri Lanka ($632k), India ($347k), and Italy ($233k).

In 2023, the countries that had a largest trade value in imports than in exports of Spices: mace, crushed or ground were Germany ($3.6M), United Kingdom ($2.43M), United States ($1.95M), Belgium ($1.35M), and Netherlands ($1.29M).

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 Spices: mace, crushed or ground.
It is possible to select the main countries that export or import Spices: mace, crushed or ground in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spices: mace, 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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