International Trade Forum, July 1st, 2001
The world market for imported spices and culinary herbs is large, valued at just over US$ 2.3 billion. LDCs such as Madagascar, Comoros and the United Republic of Tanzania earn a substantial part of their foreign exchange from spice exports. The main spices exported by LDC countries are vanilla, cloves, chillies, cardamoms, nutmeg and mace. Since 1995, the LDCs have provided over half of the world's imports of vanilla and over one-fifth of the world's demand for cloves. Other major LDC exports are black pepper, paprika, coriander, cumin, cinnamon, ginger, turmeric, etc.
From 1995 to 1999, a...
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