HS Icon Cloves

0907 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Cloves. In 2019, Cloves were the world's 1077th most traded product, with a total trade of $337M. Between 2018 and 2019 the exports of Cloves decreased by -30.4%, from $484M to $337M. Trade in Cloves represent 0.0019% of total world trade.

Exports: In 2019 the top exporters of Cloves  were Indonesia ($114M), Madagascar ($80.2M), Sri Lanka ($30M), Comoros ($25M), and Singapore ($18.5M).

Imports: In 2019 the top importers of Cloves were India ($111M), Indonesia ($22.9M), United Arab Emirates ($20.7M), Singapore ($17M), and Saudi Arabia ($15.2M).

Tariffs: In 2018 the average tariff for Cloves was 9.79%, making it the 438th 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%).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Indonesia, $114M

Top Destination (2019): India, $111M

Cloves are the world's 1077th most traded product.

In 2019, the top exporters of Cloves were Indonesia ($114M), Madagascar ($80.2M), Sri Lanka ($30M), Comoros ($25M), and Singapore ($18.5M).

In 2019, the top importers of Cloves were India ($111M), Indonesia ($22.9M), United Arab Emirates ($20.7M), Singapore ($17M), and Saudi Arabia ($15.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Indonesia, $18.6M

Top Destination Growth (2018 - 2019): Yemen, $1.94M

Between 2018 and 2019, the exports of Cloves grew the fastest in Indonesia ($18.6M), Sri Lanka ($13.5M), United Arab Emirates ($3.16M), India ($1.5M), and Turkey ($433k).

Between 2018 and 2019, the fastest growing importers of Cloves were Yemen ($1.94M), China ($1.76M), Sudan ($1.03M), Nigeria ($921k), and Ethiopia ($783k).

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Market Concentration

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Cumulative market share

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

In 2019,  market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Cloves are explained by 8 countries.

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TOP NET EXPORTER (2019): Indonesia, $91.5M

TOP NET IMPORTER (2019): India, $103M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Cloves were Indonesia ($91.5M), Madagascar ($79.9M), Sri Lanka ($29.6M), Comoros ($24.9M), and Brazil ($13.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Cloves were India ($103M), Saudi Arabia ($15.2M), United States ($12.4M), Vietnam ($11.6M), and Pakistan ($8.51M).

Disaggregation

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Value

In 2019, the world most traded Cloves, disaggragated by their HS6 level were Cloves (whole fruit, cloves and stems) ($337M)

Import Tariffs

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In 2018, the average tariff for importing Cloves was 9.79%. The countries with the highest tariffs for importing Cloves were Cyprus (42%), Jamaica (40%), Trinidad and Tobago (37.8%), Barbados (37.2%), and Belize (36.8%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.