HS4 subsector intelligence

Spices
HS4 0907 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 09071995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$654.7MGlobal subsector value
02

Annual change

+13.3%Latest year on year
03

Exporters

139Active reporting countries
04

Importers

196Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$654.7M in trade, with +16.3% annualized growth over three years.

Spices is recorded across 2,164 active corridors, with 139 exporters and 196 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $33.4M1996: $26.8M1997: $40.8M1998: $64.5M1999: $63.8M2000: $111.8M2001: $193.9M2002: $152.8M2003: $119.8M2004: $162.2M2005: $114.9M2006: $122.9M2007: $139.5M2008: $145.6M2009: $163.4M2010: $151.5M2011: $625.1M2012: $408.3M2013: $322.3M2014: $399.4M2015: $364.5M2016: $392.8M2017: $482.4M2018: $461.1M2019: $312.0M2020: $381.8M2021: $415.7M2022: $616.9M2023: $603.1M2024: $654.7M
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1MadagascarMDGIndiaIND$96.4M+24%26,157 kmNo
2IndonesiaIDNIndiaIND$88.9M+38.5%24,999 kmYes
3IndonesiaIDNChinaCHN$28.9M+104.5%24,425 kmYes
4IndonesiaIDNUnited Arab EmiratesARE$28.8M+27.4%26,572 kmNo
5MadagascarMDGIndonesiaIDN$28.5M+17.7%26,566 kmNo
6IndonesiaIDNSaudi ArabiaSAU$24.3M+47.1%27,353 kmNo
7MadagascarMDGUnited Arab EmiratesARE$20.4M+131.8%24,960 kmNo
8IndonesiaIDNBangladeshBGD$14.4M+23.1%13,761 kmNo
9IndonesiaIDNUSA, Puerto Rico and US Virgin IslandsUSA$12.6M+51%216,181 kmNo
10IndonesiaIDNSingaporeSGP$12.3M+7%2894 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndonesiaIDN$297.1M1262
2MadagascarMDG$198.1M1062
3United Arab EmiratesARE$37.0M902
4ComorosCOM$23.4M572
5United Rep. of TanzaniaTZA$22.0M472
6Sri LankaLKA$12.4M762
7IndiaIND$11.5M1412
8SingaporeSGP$10.3M432
9NetherlandsNLD$6.7M612
10GermanyDEU$4.5M582
Top importers2024 ranking
RankCountryImportsPartnersHS6
1IndiaIND$204.1M102
2United Arab EmiratesARE$55.0M282
3IndonesiaIDN$40.9M152
4ChinaCHN$33.9M52
5Saudi ArabiaSAU$29.6M172
6USA, Puerto Rico and US Virgin IslandsUSA$28.2M402
7SingaporeSGP$22.1M252
8BangladeshBGD$17.0M62
9PakistanPAK$12.1M132
10Viet NamVNM$10.5M122

HS6 product coverage

The products inside HS4 0907

Six-digit classifications make the subsector specific. Browse the product workspace ↗

3 classifications shownSpices
01
Spices: cloves (whole fruit, cloves and stems)HS6 090700
02
Spices: cloves (whole fruit, cloves and stems), neither crushed nor groundHS6 090710
03
Spices: cloves (whole fruit, cloves and stems), crushed or groundHS6 090720

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.