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Top Peppermint Exports & Imports by Country

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Peppermint oils & leaves
Peppermint
In 2024, international sales of peppermint oils exported from all countries were worth a total US$160.9 million.

Overall exports of peppermint oils fell by an average -19.7% since 2020 when globally exported peppermint totaled $200.4 million.

Year over year, the dollar value of peppermint exports rose by 3.8% compared to $155 million starting in 2023.

The 5 biggest peppermint exporters (India, United States of America, Germany, France and Hong Kong) generated 86.6% of globally exported peppermint sales during 2024.

Applying a continental lens, countries in Asia sold the highest dollar worth of exported peppermint during 2024 with shipments valued at $66.5 million or 41.3% of the global total. In second place were exporters in North America at 37.5% while 20.6% of international peppermint sales originated from providers in Europe. Tinier percentages came from sellers in Oceania (0.3%) mostly Australia, Latin America (0.2%) excluding Mexico but including the Caribbean, and Africa (0.1%).

Focusing on peppermint import buyers, the 5 leading importers of peppermint in 2024 were the United States of America, Germany, mainland China, Japan and France. Collectively, that quintet of top buyers bought 47.4% of globally imported peppermint.

Those percentages suggest a much more concentrated cohort of 69 total peppermint exporters (86.6% for top 5 suppliers) compared to 136 importing countries, islands and territories with a corresponding 47.4% for the top 5 importers.

In addition, from a continental perspective, 42% of globally imported peppermint was delivered to Asian countries closely followed by importers in Europe (36.1%), North America (18%), then Latin America (1.8%) excluding Mexico but including the Caribbean, Africa (1.1%) and Oceania (1%) mostly Australia.

In 2024, the worldwide average unit price paid by importers was $31,486 per ton of peppermint oil. That dollar amount reflects 2.6% price inflation from the average tonnage rate of $30,689 for 2023.

For research purposes, the 6-digit Harmonized Tariff System code prefix is 330124 for peppermint oils.

Top Peppermint Exports by Country

Below are the top 15 countries that exported the highest dollar value worth of peppermint during 2024.

  1. India: US$60.3 million (37.5% of total peppermint exports)
  2. United States: $59.6 million (37%)
  3. Germany: $11.3 million (7%)
  4. France: $5.1 million (3.2%)
  5. Hong Kong: $3.1 million (1.9%)
  6. United Kingdom: $3 million (1.9%)
  7. Poland: $2.6 million (1.6%)
  8. Netherlands: $2.4 million (1.5%)
  9. Spain: $2.2 million (1.3%)
  10. Switzerland: $1.52 million (0.9%)
  11. Croatia: $1.47 million (0.9%)
  12. Ireland: $1.3 million (0.8%)
  13. Malaysia: $882,000 (0.5%)
  14. Belgium: $820,000 (0.5%)
  15. Canada: $774,000 (0.5%)

By value, the listed 15 countries shipped 97.2% of globally exported peppermint in 2024.

Among the top exporters, the fastest-growing peppermint exporters since 2023 were: Hong Kong (up 22,143%), Belgium (up 262.8%), Croatia (up 34.4%) and Spain (up 13.1%).

Those countries that posted declines in their exported peppermint sales were led by: Canada (down -39.2% from 2023), United Kingdom (down -33.4%), Malaysia (down -30.2%), Switzerland (down -29.6%) and Ireland (down -29.2%).

Top Peppermint Imports by Country

Overall spending on imported peppermint fell by -7.3% over the 5-year period starting in 2020 but grew by 4.8% year-over-year since 2023.

Below are the 15 best buying markets as measured by the highest dollar value worth of peppermint imported during 2024.

  1. United States: US$26.1 million (15.1% of peppermint imports)
  2. Germany: $18.3 million (10.6%)
  3. mainland China: $15.7 million (9.1%)
  4. Japan: $11.9 million (6.9%)
  5. France: $9.7 million (5.6%)
  6. Indonesia: $9.7 million (5.6%)
  7. Hong Kong: $9.2 million (5.3%)
  8. Netherlands: $8.3 million (4.8%)
  9. United Kingdom: $7.7 million (4.4%)
  10. India: $4.9 million (2.9%)
  11. South Korea: $4.2 million (2.4%)
  12. Singapore: $3.9 million (2.2%)
  13. Switzerland: $3.7 million (2.2%)
  14. Thailand: $3.6 million (2.1%)
  15. Canada: $3.3 million (1.9%)

By value, the listed 15 countries bought 81.2% of globally imported peppermint in 2024.

Among the top importers, the fastest-growing peppermint importers since 2023 were: mainland China (up 56.4%), Singapore (up 43.4%), Indonesia (up 23.3%) and Japan (up 20.2%).

Those countries that posted declines in their imported peppermint sales were led by: South Korea (down -21.7% from 2023), India (down -16.7%), United States of America (down -8.7%), Netherlands (down -7.4%) and Hong Kong (down -7.2%).

Lowest and Highest Unit Prices for Imported Peppermint

In 2024, the world’s average unit price for imported peppermint was US$31,486 per ton up by 2.6% compared to $30,689 one year earlier for 2023.

Over a 5-year timeframe, the average global unit price deflated by -11.1% versus the $35,403 average for 2020.

The average tonnage charge in 2024 for the number one peppermint importer, the United States of America, was lower at $27,592 per ton than the global average for the most recent year reported.

Ranked in ascending order, listed below are the countries paying the least expensive average unit prices for imported peppermint in 2024.

  1. Papua New Guinea: US$26 per ton (up 2180.7% from 2023)
  2. Angola: $167 per ton (down -90.5%)
  3. Senegal: $500 per ton (up 50.2%)
  4. Portugal: $1,824 per ton (down -93.9%)
  5. Zambia: $2,500 per ton (down -50%)
  6. Kyrgyzstan: $3,000 per ton (2023 data unavailable)
  7. Zimbabwe: $3,455 per ton (down -90.7%)
  8. Philippines: $3,920 per ton (down -62.4%)
  9. Nigeria: $4,875 per ton (up 31%)
  10. Fiji: $7,000 per ton (2023 data unavailable)
  11. Iran: $8,000 per ton (down -86.4%)
  12. Uganda: $8,625 per ton (down -69.7%)
  13. Belize: $9,000 per ton (2023 data unavailable)
  14. Saint Lucia: $10,000 per ton (down -33.3%)
  15. Myanmar: $10,029 per ton (up 0.6%)

Posting the severest percentage reductions in average unit price per ton for peppermint from 2023 to 2024 were low-cost importers Portugal (down -93.9%), Zimbabwe (down -90.7%), Angola (down -90.5%), Iran (down -86.4%) and Uganda (down -69.7%).

The following countries paid for imported peppermint costing the highest average unit prices.

  1. Cyprus: US$151,500 per ton (up 16.5% from 2023)
  2. Norway: $96,500 per ton (up 35.9%)
  3. Finland: $73,667 per ton (up 6.8%)
  4. Switzerland: $61,465 per ton (up 12.5%)
  5. Algeria: $58,000 per ton (up 70.6%)
  6. Japan: $56,790 per ton (up 6.5%)
  7. Greece: $55,000 per ton (down -21.4%)
  8. Tunisia: $54,000 per ton (down -5.3%)
  9. Sweden: $50,829 per ton (up 5.3%)
  10. Colombia: $50,000 per ton (up 7.9%)
  11. Netherlands: $49,515 per ton (up 3.2%)
  12. mainland China: $49,213 per ton (down -2.7%)
  13. Chile: $49,000 per ton (up 31.7%)
  14. India: $48,520 per ton (up 11%)
  15. Morocco: $48,500 per ton (up 92.3%)

The greatest gainers in terms of higher average unit prices in 2024 compared to 2023 were paid by importers in Morocco (up 92.3%), Algeria (up 70.6%), Norway (up 35.9%), Chile (up 31.7%) and Cyprus (up 16.5%).

See also Top Exported Spices by Sales, Weight and Unit Value, Cinnamon Exports by Country, Top Garlic Exports by Country, Top Ginger Exporters and Best Tofu Exports by Sales, Average Unit Prices & Weight

Research Sources:
Alibaba, Peppermint Showroom. Accessed on November 26, 2025

Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on November 26, 2025

International Trade Centre, Trade Map. Accessed on November 26, 2025

Wikipedia, Peppermint. Accessed on November 26, 2025