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090811 (Harmonized System 2012 for 6-digit)

2023
World Trade $152MRnk 4169 / 5198
2023
Top Exporter | Top Importer $91.7M | $45.9MIndonesia | China
2023
Product Complexity -1.59Rnk 4831 / 5199
2022 - 2023
Export Growth (CAGR) -1.95%Rnk 1992 / 5198
2023
Share of World Trade 0.00067%Rnk 4169 / 5198

About

Overview This page contains the latest trade data of Spices: nutmeg, neither crushed nor ground. In 2023, Spices: nutmeg, neither crushed nor ground were the world's 4169th most traded product, with a total trade of $152M. Between 2022 and 2023 the exports of Spices: nutmeg, neither crushed nor ground decreased by -1.95%, from $155M to $152M. Trade in Spices: nutmeg, neither crushed nor ground represent 0.00067% of total world trade.

Spices: nutmeg, neither crushed nor ground are a part of Nutmeg, mace and cardamoms.

Exports In 2023 the top exporters of Spices: nutmeg, neither crushed nor ground  were Indonesia ($91.7M), India ($21.7M), Sri Lanka ($11.4M), United Arab Emirates ($10M), and Grenada ($5.68M).

Imports In 2023 the top importers of Spices: nutmeg, neither crushed nor ground were China ($45.9M), Vietnam ($15M), United Arab Emirates ($11M), Germany ($7.18M), and India ($5.15M).

Ranking Spices: nutmeg, neither crushed nor ground ranks 4831st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Spices: nutmeg, neither crushed nor 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$91.7M
Top Destination (2023)China$45.9M

In 2023 Spices: nutmeg, neither crushed nor ground were the world's 4169th most traded product (out of 5,198).

In 2023, the top exporters of Spices: nutmeg, neither crushed nor ground were Indonesia ($91.7M), India ($21.7M), Sri Lanka ($11.4M), United Arab Emirates ($10M), and Grenada ($5.68M).

In 2023, the top importers of Spices: nutmeg, neither crushed nor ground were China ($45.9M), Vietnam ($15M), United Arab Emirates ($11M), Germany ($7.18M), and India ($5.15M).

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Exporters of Spices: nutmeg, neither crushed nor ground (2023)
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Importers of Spices: nutmeg, neither crushed nor ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$3.13M
Top Destination Growth (2022 -  2023)China$12M

Between 2022 and 2023, the exports of Spices: nutmeg, neither crushed nor ground grew the fastest in India ($3.13M), Saudi Arabia ($880k), Sri Lanka ($714k), United Arab Emirates ($506k), and Czechia ($258k).

Between 2022 and 2023, the fastest growing importers of Spices: nutmeg, neither crushed nor ground were China ($12M), Ghana ($2.34M), Iraq ($1.39M), Syria ($1.03M), and Poland ($1.01M).

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Exporters of Spices: nutmeg, neither crushed nor ground (2022 - 2023)

Importers of Spices: nutmeg, neither crushed nor ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spices: nutmeg, neither crushed nor ground.

In 2023, market concentration measured using Shannon Entropy, was 2.17. This means that most of the exports of Spices: nutmeg, neither crushed nor ground are explained by 4 countries.

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Value of Exports in Spices: nutmeg, neither crushed nor ground

Net Trade

TOP NET EXPORTER (2023)Indonesia$91.3M
TOP NET IMPORTER (2023)China$45.4M

This map shows which countries export or import more of Spices: nutmeg, neither crushed nor ground. Each country is colored based on the difference in exports and imports of Spices: nutmeg, neither crushed nor ground during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Spices: nutmeg, neither crushed nor ground were Indonesia ($91.3M), India ($16.5M), Sri Lanka ($11.4M), Grenada ($5.68M), and Saudi Arabia ($868k).

In 2023, the countries that had a largest trade value in imports than in exports of Spices: nutmeg, neither crushed nor ground were China ($45.4M), Vietnam ($14.7M), Germany ($5.78M), Japan ($4.85M), and Italy ($3.96M).

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: nutmeg, neither crushed nor ground.
It is possible to select the main countries that export or import Spices: nutmeg, neither crushed nor ground in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spices: nutmeg, neither crushed nor 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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