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090812 (Harmonized System 2012 for 6-digit)

2022
World Trade $116MRnk 4401 / 5198
2022
Top Exporter | Top Importer $41M | $20.5MIndonesia | United States
2022
Product Complexity -0.88Rnk 4131 / 5199
2021 - 2022
Export Growth (CAGR) 14.4%Rnk 1368 / 5198
2022
Share of World Trade 0.00048%Rnk 4401 / 5198

About

Overview This page contains the latest trade data of Spices: nutmeg, crushed or ground. In 2022, Spices: nutmeg, crushed or ground were the world's 4401st most traded product, with a total trade of $116M. Between 2021 and 2022 the exports of Spices: nutmeg, crushed or ground grew by 14.4%, from $101M to $116M. Trade in Spices: nutmeg, crushed or ground represent 0.00048% of total world trade.

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

Exports In 2022 the top exporters of Spices: nutmeg, crushed or ground  were Indonesia ($41M), Vietnam ($19.7M), Netherlands ($9.49M), India ($9.1M), and Germany ($5.85M).

Imports In 2022 the top importers of Spices: nutmeg, crushed or ground were United States ($20.5M), Netherlands ($12.2M), United Kingdom ($7.93M), France ($7.76M), and Germany ($7.49M).

Ranking Spices: nutmeg, crushed or ground ranks 4131st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Spices: nutmeg, 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.

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.

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Historical Data

Exporters and Importers

Top Origin (2022)Indonesia$41M
Top Destination (2022)United States$20.5M

In 2022 Spices: nutmeg, crushed or ground were the world's 4401st most traded product (out of 5,198).

In 2022, the top exporters of Spices: nutmeg, crushed or ground were Indonesia ($41M), Vietnam ($19.7M), Netherlands ($9.49M), India ($9.1M), and Germany ($5.85M).

In 2022, the top importers of Spices: nutmeg, crushed or ground were United States ($20.5M), Netherlands ($12.2M), United Kingdom ($7.93M), France ($7.76M), and Germany ($7.49M).

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Exporters of Spices: nutmeg, crushed or ground (2022)
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Importers of Spices: nutmeg, crushed or ground (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$8.6M
Top Destination Growth (2021 -  2022)Netherlands$5.26M

Between 2021 and 2022, the exports of Spices: nutmeg, crushed or ground grew the fastest in Vietnam ($8.6M), Indonesia ($6.76M), Canada ($721k), Grenada ($594k), and Malaysia ($388k).

Between 2021 and 2022, the fastest growing importers of Spices: nutmeg, crushed or ground were Netherlands ($5.26M), United States ($3.11M), Canada ($2.35M), United Kingdom ($1.84M), and France ($1.18M).

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Exporters of Spices: nutmeg, crushed or ground (2021 - 2022)

Importers of Spices: nutmeg, crushed or ground (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Spices: nutmeg, crushed or ground are explained by 10 countries.

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Value of Exports in Spices: nutmeg, crushed or ground

Net Trade

TOP NET EXPORTER (2022)Indonesia$39.6M
TOP NET IMPORTER (2022)United States$17.9M

This map shows which countries export or import more of Spices: nutmeg, crushed or ground. Each country is colored based on the difference in exports and imports of Spices: nutmeg, crushed or ground during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Spices: nutmeg, crushed or ground were Indonesia ($39.6M), Vietnam ($19.5M), India ($7.9M), Sri Lanka ($4.42M), and Grenada ($2.73M).

In 2022, the countries that had a largest trade value in imports than in exports of Spices: nutmeg, crushed or ground were United States ($17.9M), United Kingdom ($7.32M), France ($6.19M), Canada ($3.59M), and Netherlands ($2.73M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Spices: nutmeg, 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 (2022)

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