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Exports In 2022, Armenia exported $1.15k in Cloves, making it the 102nd largest exporter of Cloves in the world. At the same year, Cloves was the 858th most exported product in Armenia. The main destination of Cloves exports from Armenia are: Georgia ($916) and Kazakhstan ($232).

The fastest growing export markets for Cloves of Armenia between 2021 and 2022 were Kazakhstan ($157).

Imports In 2022, Armenia imported $42k in Cloves, becoming the 130th largest importer of Cloves in the world. At the same year, Cloves was the 971st most imported product in Armenia. Armenia imports Cloves primarily from: Indonesia ($33.9k), United Arab Emirates ($4.94k), Madagascar ($2.73k), Belarus ($244), and Austria ($91).

The fastest growing import markets in Cloves for Armenia between 2021 and 2022 were Madagascar ($2.73k), Indonesia ($1.62k), and Belarus ($228).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Y-AXIS SCALE

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

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.15k
IMPORTS (2022)$42k
NET TRADE (2022)-$40.8k

In 2022, Armenia exported $1.15k in Cloves. The main destinations of Armenia exports on Cloves were Georgia ($916) and Kazakhstan ($232).

In 2022, Armenia imported $42k in Cloves, mainly from Indonesia ($33.9k), United Arab Emirates ($4.94k), Madagascar ($2.73k), Belarus ($244), and Austria ($91).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Kazakhstan$157 (209%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Armenia WERE (2021 - 2022):
Russia-$118 (-100%)
Georgia-$20 (-2.14%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Cloves were:
In 2022, Armenia's main importing competitors in Cloves were:

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $508
TOP IMPORT POTENTIALMadagascar+ $5.72k

Cloves’s highest export potential is India. With an export gap of $508.   Cloves’s highest import potential is Madagascar with an import gap of $5.72k.

See methodology.

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