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Exports In 2022, Madagascar exported $309M in Cloves, making it the 1st largest exporter of Cloves in the world. At the same year, Cloves was the 3rd most exported product in Madagascar. The main destination of Cloves exports from Madagascar are: Indonesia ($107M), Singapore ($81.7M), India ($59M), United Arab Emirates ($14.4M), and Malaysia ($5.62M).

The fastest growing export markets for Cloves of Madagascar between 2021 and 2022 were Indonesia ($89.1M), Singapore ($55.5M), and United Arab Emirates ($12.2M).

Imports In 2022, Madagascar imported $1.2M in Cloves, becoming the 49th largest importer of Cloves in the world. At the same year, Cloves was the 413th most imported product in Madagascar. Madagascar imports Cloves primarily from: United Arab Emirates ($1.16M), Morocco ($41.2k), and Mauritius ($13).

The fastest growing import markets in Cloves for Madagascar between 2021 and 2022 were United Arab Emirates ($969k), Morocco ($41.2k), and Mauritius ($13).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cloves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$309M
IMPORTS (2022)$1.2M
NET TRADE (2022)$308M

In 2022, Madagascar exported $309M in Cloves. The main destinations of Madagascar exports on Cloves were Indonesia ($107M), Singapore ($81.7M), India ($59M), United Arab Emirates ($14.4M), and Malaysia ($5.62M).

In 2022, Madagascar imported $1.2M in Cloves, mainly from United Arab Emirates ($1.16M), Morocco ($41.2k), and Mauritius ($13).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Madagascar WERE (2021 - 2022):
Indonesia$89.1M (498%)
Singapore$55.5M (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Madagascar WERE (2021 - 2022):
Austria-$134k (-100%)
Estonia-$112k (-81.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Cloves were:
In 2022, Madagascar's main importing competitors in Cloves were:

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.71M
TOP IMPORT POTENTIALTanzania+ $1.19k

Cloves’s highest export potential is United States. With an export gap of $2.71M.   Cloves’s highest import potential is Tanzania with an import gap of $1.19k.

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