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Exports In 2022, Singapore exported $29.9M in Cloves, making it the 6th largest exporter of Cloves in the world. At the same year, Cloves was the 392nd most exported product in Singapore. The main destination of Cloves exports from Singapore are: Indonesia ($17.4M), Malaysia ($2.94M), Bangladesh ($1.69M), Japan ($1.04M), and United Arab Emirates ($994k).

The fastest growing export markets for Cloves of Singapore between 2021 and 2022 were Indonesia ($8.25M), Malaysia ($1.64M), and South Korea ($389k).

Imports In 2022, Singapore imported $109M in Cloves, becoming the 2nd largest importer of Cloves in the world. At the same year, Cloves was the 309th most imported product in Singapore. Singapore imports Cloves primarily from: Madagascar ($81.7M), Tanzania ($20.1M), Comoros ($4.53M), Indonesia ($1.69M), and China ($188k).

The fastest growing import markets in Cloves for Singapore between 2021 and 2022 were Madagascar ($55.5M), Comoros ($3.78M), and Vietnam ($139k).

Latest Trends

Oct 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)$29.9M
IMPORTS (2022)$109M
NET TRADE (2022)-$78.8M

In 2022, Singapore exported $29.9M in Cloves. The main destinations of Singapore exports on Cloves were Indonesia ($17.4M), Malaysia ($2.94M), Bangladesh ($1.69M), Japan ($1.04M), and United Arab Emirates ($994k).

In 2022, Singapore imported $109M in Cloves, mainly from Madagascar ($81.7M), Tanzania ($20.1M), Comoros ($4.53M), Indonesia ($1.69M), and China ($188k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Indonesia$8.25M (90.1%)
Malaysia$1.64M (126%)
South Korea$389k (558%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Singapore WERE (2021 - 2022):
Saudi Arabia-$1.92M (-66.5%)
Bangladesh-$1.38M (-45%)
South Africa-$588k (-93.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Cloves were:
In 2022, Singapore'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 POTENTIALIndonesia+ $299k
TOP IMPORT POTENTIALIndonesia+ $894k

Cloves’s highest export potential is Indonesia. With an export gap of $299k.   Cloves’s highest import potential is Indonesia with an import gap of $894k.

See methodology.

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