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2022
Exports $1.42MWorld Rnk 16 / 131
Flag Rnk 1170 / 1217
2022
Destination $239k Canada
2021 - 2022
FASTEST GROWING MARKET $239kCanada
2022
Imports $20.3MWorld Rnk 6 / 206
Flag Rnk 1072 / 1216
2022
Origin $2.84M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $2.84MMadagascar
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.42M in Cloves, making it the 16th largest exporter of Cloves in the world. At the same year, Cloves was the 1170th most exported product in United States. The main destination of Cloves exports from United States are: Canada ($742k), Philippines ($114k), Costa Rica ($91.7k), Mexico ($68.2k), and France ($54.2k).

The fastest growing export markets for Cloves of United States between 2021 and 2022 were Canada ($239k), Philippines ($101k), and France ($53.9k).

Imports In 2022, United States imported $20.3M in Cloves, becoming the 6th largest importer of Cloves in the world. At the same year, Cloves was the 1072nd most imported product in United States. United States imports Cloves primarily from: Indonesia ($5.19M), Madagascar ($3.63M), India ($3.36M), Sri Lanka ($2.56M), and Canada ($795k).

The fastest growing import markets in Cloves for United States between 2021 and 2022 were Madagascar ($2.84M), Indonesia ($1.3M), and India ($958k).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (5) and Goya Foods (1) were at the forefront of shipping Cloves to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Cloves exports accounted up to $173k and imports accounted up to $2.69M, resulting in a negative trade balance of $2.52M. Between August 2023 and August 2024 the exports of United States'   Cloves have increased by $95.6k (124%) from $77k to $173k, while imports increased by $643k (31.4%) from $2.05M to $2.69M.

Destinations In August 2024, Cloves were exported mostly to Canada ($137k), Jamaica ($21.6k), Trinidad and Tobago ($10.8k), El Salvador ($2.88k), and Vietnam ($0), and were imported mostly from Indonesia ($1.67M), Sri Lanka ($326k), Singapore ($221k), Vietnam ($160k), and Madagascar ($102k).

Growth In August 2024, the increase in Cloves's year-by-year exports was explained primarily by an increase in exports to Canada ($8.1k or 15.7%) and Mexico ($5.31k or 149%). In August 2024, the increase in Cloves's year-by-year imports was explained primarily by an increase in imports from Indonesia ($497k or 240%), India ($381k or 410%), and Sri Lanka ($221k or 1.36k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$95.6k(124%)
IMPORT GROWTH (August 2023 - August 2024)$643k(31.4%)
MAIN EXPORTER (August 2024)Florida$99.9k
MAIN DESTINATION (August 2024)Canada$137k

This section shows Cloves's exports and imports data at subnational level for United States. 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)$1.42M
IMPORTS (2022)$20.3M
NET TRADE (2022)-$18.9M

In 2022, United States exported $1.42M in Cloves. The main destinations of United States exports on Cloves were Canada ($742k), Philippines ($114k), Costa Rica ($91.7k), Mexico ($68.2k), and France ($54.2k).

In 2022, United States imported $20.3M in Cloves, mainly from Indonesia ($5.19M), Madagascar ($3.63M), India ($3.36M), Sri Lanka ($2.56M), and Canada ($795k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$239k (47.6%)
Philippines$101k (790%)
France$53.9k (22.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY United States WERE (2021 - 2022):
Trinidad and Tobago-$53.9k (-76%)
Guyana-$27k (-78.8%)
Nigeria-$23k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cloves were:
Madagascar $309M
Indonesia $62.6M
Tanzania $43.8M
In 2022, United States'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 POTENTIALMexico+ $48.3k
TOP IMPORT POTENTIALMadagascar+ $2.71M

Cloves’s highest export potential is Mexico. With an export gap of $48.3k.   Cloves’s highest import potential is Madagascar with an import gap of $2.71M.

See methodology.

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