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Pricing

Cloves (whole fruit, cloves and stems)

0907 (Harmonized System 1992 for 4-digit)

2022
World Trade $603MRnk 1026 / 1218
2022
Top Exporter | Top Importer $309M | $143MMadagascar | Indonesia
2022
Product Complexity -1.38Rnk 938 / 1033
2021 - 2022
Export Growth (CAGR) 23.2%Rnk 140 / 1218
2022
Share of World Trade 0.0025%Rnk 1026 / 1218

About

Overview This page contains the latest trade data of Cloves. In 2022, Cloves were the world's 1026th most traded product, with a total trade of $603M. Between 2021 and 2022 the exports of Cloves grew by 23.2%, from $489M to $603M. Trade in Cloves represent 0.0025% of total world trade.

Cloves are a part of Coffee, tea, mate & spices. They include Cloves (whole fruit, cloves and stems).

Exports In 2022 the top exporters of Cloves  were Madagascar ($309M), Indonesia ($62.6M), Tanzania ($43.8M), United Arab Emirates ($43.6M), and Comoros ($31.4M).

Imports In 2022 the top importers of Cloves were Indonesia ($143M), Singapore ($109M), India ($88.5M), United Arab Emirates ($35.7M), and Saudi Arabia ($22.8M).

Ranking Cloves ranks 938th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Madagascar$309M
Top Destination (2022)Indonesia$143M

In 2022 Cloves were the world's 1026th most traded product (out of 1,218).

In 2022, the top exporters of Cloves were Madagascar ($309M), Indonesia ($62.6M), Tanzania ($43.8M), United Arab Emirates ($43.6M), and Comoros ($31.4M).

In 2022, the top importers of Cloves were Indonesia ($143M), Singapore ($109M), India ($88.5M), United Arab Emirates ($35.7M), and Saudi Arabia ($22.8M).

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Exporters of Cloves (2022)
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Importers of Cloves (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Madagascar$192M
Top Destination Growth (2021 -  2022)Indonesia$61.9M

Between 2021 and 2022, the exports of Cloves grew the fastest in Madagascar ($192M), United Arab Emirates ($17.5M), Comoros ($12.6M), Singapore ($6.76M), and India ($6.32M).

Between 2021 and 2022, the fastest growing importers of Cloves were Indonesia ($61.9M), Singapore ($28M), United Arab Emirates ($11.1M), Saudi Arabia ($8.63M), and Malaysia ($6.47M).

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Exporters of Cloves (2021 - 2022)

Importers of Cloves (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cloves.

In 2022, market concentration measured using Shannon Entropy, was 2.73. This means that most of the exports of Cloves are explained by 6 countries.

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Value of Exports in Cloves

Net Trade

TOP NET EXPORTER (2022)Madagascar$308M
TOP NET IMPORTER (2022)Indonesia$80.9M

This map shows which countries export or import more of Cloves. Each country is colored based on the difference in exports and imports of Cloves during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cloves were Madagascar ($308M), Tanzania ($43.8M), Comoros ($31.2M), Sri Lanka ($21.4M), and United Arab Emirates ($7.86M).

In 2022, the countries that had a largest trade value in imports than in exports of Cloves were Indonesia ($80.9M), Singapore ($78.8M), India ($74M), Saudi Arabia ($22.8M), and United States ($18.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Cloves.
It is possible to select the main countries that export or import Cloves in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cloves by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Country by Relatedness

The following visualization shows the relatedness of Cloves to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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