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2023
Exports $240kWorld Rnk 31 / 131
Flag Rnk 1164 / 1216
2023
Destination $54.5k Netherlands
2022 - 2023
FASTEST GROWING MARKET $54.5kGermany
2023
Imports $623kWorld Rnk 72 / 205
Flag Rnk 1155 / 1213
2023
Origin $14.2k Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $14.2kSweden
2023
ECONOMIC COMPLEXITY of Belgium1.23Rnk 20 / 132

About

Exports In 2023, Belgium exported $240k in Cloves, making it the 31st largest exporter of Cloves in the world. At the same year, Cloves was the 1164th most exported product in Belgium. The main destination of Cloves exports from Belgium are: Netherlands ($101k), Germany ($70k), France ($31k), Greece ($11.8k), and Luxembourg ($8.53k).

The fastest growing export markets for Cloves of Belgium between 2022 and 2023 were Germany ($54.5k), France ($17.1k), and Greece ($11.8k).

Imports In 2023, Belgium imported $623k in Cloves, becoming the 72nd largest importer of Cloves in the world. At the same year, Cloves was the 1155th most imported product in Belgium. Belgium imports Cloves primarily from: Netherlands ($249k), Germany ($148k), Spain ($99.4k), France ($45.4k), and Sweden ($35.6k).

The fastest growing import markets in Cloves for Belgium between 2022 and 2023 were Sweden ($14.2k), Spain ($11.3k), and Germany ($9.36k).

Latest Trends

October 2024

About

Overview In October 2024 Belgium's Cloves exports accounted up to €12.8k and imports accounted up to €35.4k, resulting in a negative trade balance of €22.7k. Between October 2023 and October 2024 the exports of Belgium's   Cloves have increased by €4.74k (59.2%) from €8.01k to €12.8k, while imports increased by €7.04k (24.8%) from €28.4k to €35.4k.

Destinations In October 2024, Cloves were exported mostly to France (€4.33k), Netherlands (€3.52k), United Kingdom (€3.24k), Germany (€949), and Luxembourg (€493), and were imported mostly from Indonesia (€12.7k), Netherlands (€9.19k), Sweden (€5.99k), France (€3.6k), and Germany (€3.12k).

Growth In October 2024, the increase in Cloves's year-by-year exports was explained primarily by an increase in exports to Luxembourg (€308 or 716%), Democratic Republic of the Congo (€31 or 43.7%), and French Polynesia (€24 or 77.4%). In October 2024, the increase in Cloves's year-by-year imports was explained primarily by an increase in imports from Netherlands (€2.59k or 29%), France (€2.5k or 131%), and Togo (€142 or 1.78k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€4.74k(59.2%)
IMPORT GROWTH (October 2023 - October 2024)€7.04k(24.8%)
MAIN DESTINATION (October 2024)France€4.33k

This section shows Cloves's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$240k
IMPORTS (2023)$623k
NET TRADE (2023)-$383k

In 2023, Belgium exported $240k in Cloves. The main destinations of Belgium exports on Cloves were Netherlands ($101k), Germany ($70k), France ($31k), Greece ($11.8k), and Luxembourg ($8.53k).

In 2023, Belgium imported $623k in Cloves, mainly from Netherlands ($249k), Germany ($148k), Spain ($99.4k), France ($45.4k), and Sweden ($35.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Belgium WERE (2022 - 2023):
Germany$54.5k (352%)
France$17.1k (123%)
Greece$11.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Belgium WERE (2022 - 2023):
Netherlands-$31.9k (-23.9%)
Australia-$15k (-100%)
Nigeria-$11.7k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Belgium's main exporting competitors in Cloves were:
Madagascar $339M
Indonesia $95M
Comoros $65.6M
In 2023, Belgium's main importing competitors in Cloves were:
Indonesia $199M
India $141M
Singapore $51.1M

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $37.9k
TOP IMPORT POTENTIALGermany+ $40.3k

Cloves’s highest export potential is Germany. With an export gap of $37.9k.   Cloves’s highest import potential is Germany with an import gap of $40.3k.

See methodology.

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