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Exports In 2023, Bangladesh exported $3.61k in Cloves, making it the 84th largest exporter of Cloves in the world. At the same year, Cloves was the 725th most exported product in Bangladesh. The main destination of Cloves exports from Bangladesh are: Italy ($3.23k) and Canada ($379).

The fastest growing export markets for Cloves of Bangladesh between 2022 and 2023 were Italy ($3.23k) and Canada ($379).

Imports In 2023, Bangladesh imported $11M in Cloves, becoming the 9th largest importer of Cloves in the world. At the same year, Cloves was the 456th most imported product in Bangladesh. Bangladesh imports Cloves primarily from: Indonesia ($8.27M), Singapore ($903k), Madagascar ($568k), Sri Lanka ($562k), and United Arab Emirates ($387k).

The fastest growing import markets in Cloves for Bangladesh between 2022 and 2023 were Indonesia ($6.32M), Sri Lanka ($553k), and United Arab Emirates ($297k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
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 (2023)$3.61k
IMPORTS (2023)$11M
NET TRADE (2023)-$11M

In 2023, Bangladesh exported $3.61k in Cloves. The main destinations of Bangladesh exports on Cloves were Italy ($3.23k) and Canada ($379).

In 2023, Bangladesh imported $11M in Cloves, mainly from Indonesia ($8.27M), Singapore ($903k), Madagascar ($568k), Sri Lanka ($562k), and United Arab Emirates ($387k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Italy$3.23k (1%)
Canada$379 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Bangladesh WERE (2022 - 2023):
Australia-$4.38k (-100%)
South Korea-$1.48k (-100%)
Singapore-$179 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Cloves were:
In 2023, Bangladesh's main importing competitors in Cloves were:

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $1.06k
TOP IMPORT POTENTIALMadagascar+ $447k

Cloves’s highest export potential is India. With an export gap of $1.06k.   Cloves’s highest import potential is Madagascar with an import gap of $447k.

See methodology.

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