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091030 (Harmonized System 1992 for 6-digit)

2023
World Trade $337MRnk 3232 / 4644
2023
Top Exporter | Top Importer $231M | $50.1MIndia | United States
2023
Product Complexity -2.49Rnk 4614 / 4656
2022 - 2023
Export Growth (CAGR) -11.4%Rnk 2865 / 4644
2023
Share of World Trade 0.0015%Rnk 3232 / 4644

About

Overview This page contains the latest trade data of Turmeric (curcuma). In 2023, Turmeric (curcuma) were the world's 3232nd most traded product, with a total trade of $337M. Between 2022 and 2023 the exports of Turmeric (curcuma) decreased by -11.4%, from $380M to $337M. Trade in Turmeric (curcuma) represent 0.0015% of total world trade.

Turmeric (curcuma) are a part of Spices.

Exports In 2023 the top exporters of Turmeric (curcuma)  were India ($231M), Fiji ($12.9M), Burma ($11.1M), Indonesia ($7.17M), and Peru ($7.13M).

Imports In 2023 the top importers of Turmeric (curcuma) were United States ($50.1M), Bangladesh ($37.4M), India ($15.1M), Germany ($13.8M), and Malaysia ($13M).

Ranking Turmeric (curcuma) ranks 4614th 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 Turmeric (curcuma). 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)India$231M
Top Destination (2023)United States$50.1M

In 2023 Turmeric (curcuma) were the world's 3232nd most traded product (out of 4,644).

In 2023, the top exporters of Turmeric (curcuma) were India ($231M), Fiji ($12.9M), Burma ($11.1M), Indonesia ($7.17M), and Peru ($7.13M).

In 2023, the top importers of Turmeric (curcuma) were United States ($50.1M), Bangladesh ($37.4M), India ($15.1M), Germany ($13.8M), and Malaysia ($13M).

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Exporters of Turmeric (curcuma) (2023)
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Importers of Turmeric (curcuma) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Peru$1.44M
Top Destination Growth (2022 -  2023)Bangladesh$8.73M

Between 2022 and 2023, the exports of Turmeric (curcuma) grew the fastest in Peru ($1.44M), Ethiopia ($633k), Spain ($625k), Fiji ($578k), and Bangladesh ($372k).

Between 2022 and 2023, the fastest growing importers of Turmeric (curcuma) were Bangladesh ($8.73M), Pakistan ($1.13M), Malaysia ($1.02M), United States ($932k), and Italy ($847k).

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Exporters of Turmeric (curcuma) (2022 - 2023)

Importers of Turmeric (curcuma) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Turmeric (curcuma).

In 2023, market concentration measured using Shannon Entropy, was 2.41. This means that most of the exports of Turmeric (curcuma) are explained by 5 countries.

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Value of Exports in Turmeric (curcuma)

Net Trade

TOP NET EXPORTER (2023)India$216M
TOP NET IMPORTER (2023)United States$46.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Turmeric (curcuma) were India ($216M), Fiji ($12.5M), Burma ($11.1M), Peru ($7.04M), and Vietnam ($3.81M).

In 2023, the countries that had a largest trade value in imports than in exports of Turmeric (curcuma) were United States ($46.3M), Bangladesh ($31.2M), Morocco ($12.6M), Malaysia ($11.9M), and Saudi Arabia ($10.7M).

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 Turmeric (curcuma).
It is possible to select the main countries that export or import Turmeric (curcuma) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Turmeric (curcuma) 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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