Cloves0907 (Harmonized System 1992 for 4-digit)
2020 World Trade: $416M, Rnk 1034 / 1217
2020 Top Exporter | Top Importer: $169M | $141M, Indonesia | India
2019 - 2020 Export Growth (CAGR): 20%, Rnk 48 / 1217
2018 Mean Tariff: 10.3%, Rnk 400 / 1259
2020 Share of World Trade: 0.0025%, Rnk 1034 / 1217
Overview This page contains the latest trade data of Cloves. In 2020, Cloves were the world's 1034th most traded product, with a total trade of $416M. Between 2019 and 2020 the exports of Cloves grew by 20%, from $346M to $416M. 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 2020 the top exporters of Cloves were Indonesia ($169M), Madagascar ($74.6M), Tanzania ($34.9M), Singapore ($25.6M), and Comoros ($21.3M).
Imports In 2020 the top importers of Cloves were India ($141M), Vietnam ($24.1M), United Arab Emirates ($20.2M), Singapore ($18.3M), and Malaysia ($16.1M).
Tariffs In 2018 the average tariff for Cloves was 10.3%, making it the 400th lowest tariff using the HS4 product classification.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Cloves are the world's 1034th most traded product.
In 2020, the top exporters of Cloves were Indonesia ($169M), Madagascar ($74.6M), Tanzania ($34.9M), Singapore ($25.6M), and Comoros ($21.3M).
In 2020, the top importers of Cloves were India ($141M), Vietnam ($24.1M), United Arab Emirates ($20.2M), Singapore ($18.3M), and Malaysia ($16.1M).
Trade by country
Top Origin Growth (2019 - 2020): Indonesia, $53.5M
Top Destination Growth (2019 - 2020): India, $27.6M
Between 2019 and 2020, the exports of Cloves grew the fastest in Indonesia ($53.5M), Tanzania ($28.2M), Singapore ($5.63M), Brazil ($4.87M), and Germany ($1.68M).
Between 2019 and 2020, the fastest growing importers of Cloves were India ($27.6M), Malaysia ($11.6M), China ($11.1M), Vietnam ($11.1M), and United States ($2.66M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Cloves.
In 2020, market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Cloves are explained by 7 countries.
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Cloves were Indonesia ($155M), Madagascar ($74.4M), Tanzania ($34.9M), Comoros ($21.2M), and Brazil ($18.6M).
In 2020, the countries that had a largest trade value in imports than in exports of Cloves were India ($133M), Vietnam ($22.8M), Malaysia ($15.7M), United States ($15.1M), and China ($11.9M).
In 2020, the world most traded Cloves, disaggragated by their HS6 level were Cloves (whole fruit, cloves and stems) ($416M)
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.
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.
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