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2022
Exports $5.22MWorld Rnk 12 / 131
Flag Rnk 1126 / 1216
2022
Destination $755k Benin
2021 - 2022
FASTEST GROWING MARKET $755kDjibouti
2022
Imports $6.54MWorld Rnk 10 / 206
Flag Rnk 1049 / 1212
2022
Origin $1.14M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $1.14MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $5.22M in Cloves, making it the 12th largest exporter of Cloves in the world. At the same year, Cloves was the 1126th most exported product in China. The main destination of Cloves exports from China are: Benin ($941k), Djibouti ($938k), Bangladesh ($900k), Pakistan ($512k), and Vietnam ($415k).

The fastest growing export markets for Cloves of China between 2021 and 2022 were Djibouti ($755k), Benin ($392k), and United Kingdom ($30.5k).

Imports In 2022, China imported $6.54M in Cloves, becoming the 10th largest importer of Cloves in the world. At the same year, Cloves was the 1049th most imported product in China. China imports Cloves primarily from: Indonesia ($3.33M), Madagascar ($3.14M), United Arab Emirates ($49.1k), India ($19.5k), and Thailand ($149).

The fastest growing import markets in Cloves for China between 2021 and 2022 were Indonesia ($1.14M), Madagascar ($653k), and India ($803).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (5) were at the forefront of shipping Cloves from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Cloves exports accounted up to $231k and imports accounted up to $2.23M, resulting in a negative trade balance of $2M. Between October 2023 and October 2024 the exports of China's   Cloves have decreased by $-412k (-64.1%) from $643k to $231k, while imports increased by $2.13M (2.26k%) from $94.3k to $2.23M.

Destinations In October 2024, Cloves were exported mostly to Benin ($172k), United States ($17.4k), Vietnam ($13k), Hong Kong ($9.1k), and Panama ($5.92k), and were imported mostly from Indonesia ($2M) and Vietnam ($223k).

Growth In October 2024, the decrease in Cloves's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-87.2k or -98.1%), Vietnam ($-35k or -64.7%), and Hong Kong ($-33.9k or -90.3%). In October 2024, the increase in Cloves's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-412k(-64.1%)
IMPORT GROWTH (October 2023 - October 2024)$2.13M(2.26k%)
MAIN EXPORTER (October 2024)Guangxi Zhuang Autonomous Region$269k
MAIN DESTINATION (October 2024)Benin$172k

This section shows Cloves's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.22M
IMPORTS (2022)$6.54M
NET TRADE (2022)-$1.32M

In 2022, China exported $5.22M in Cloves. The main destinations of China exports on Cloves were Benin ($941k), Djibouti ($938k), Bangladesh ($900k), Pakistan ($512k), and Vietnam ($415k).

In 2022, China imported $6.54M in Cloves, mainly from Indonesia ($3.33M), Madagascar ($3.14M), United Arab Emirates ($49.1k), India ($19.5k), and Thailand ($149).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR China WERE (2021 - 2022):
Djibouti$755k (412%)
Benin$392k (71.4%)
United Kingdom$30.5k (1.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY China WERE (2021 - 2022):
Saudi Arabia-$251k (-73.7%)
Singapore-$231k (-55.2%)
United Arab Emirates-$172k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cloves were:
Madagascar $309M
Indonesia $62.6M
Tanzania $43.8M
In 2022, China's main importing competitors in Cloves were:
Indonesia $143M
Singapore $109M
India $88.5M

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $201k
TOP IMPORT POTENTIALMadagascar+ $1.94M

Cloves’s highest export potential is United States. With an export gap of $201k.   Cloves’s highest import potential is Madagascar with an import gap of $1.94M.

See methodology.

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