Overview: In 2018, Cloves were the world's 1035th most traded product, with a total trade of $493M. Between 2017 and 2018 the exports of Cloves decreased by -17.6%, from $598M to $493M. Trade in Cloves represent 0.0027% of total world trade.
Exports: In 2018 the top exporters of Cloves were Madagascar ($158M), Indonesia ($98.5M), Comoros ($52M), Tanzania ($49.5M), and Singapore ($48.1M).
Imports: In 2018 the top importers of Cloves were India ($119M), Indonesia ($77M), Singapore ($65.8M), Vietnam ($27.6M), and United Arab Emirates ($22.6M).
Tariffs: In 2018 the average tariff for Cloves was 9.79%, been the 438 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Cloves are Cyprus (42%), Jamaica (40%), Trinidad and Tobago (37.8%), Barbados (37.2%), and Belize (36.8%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Taiwan (0%).
Ranking: Cloves ranks 879th in the Product Complexity Index (PCI).