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2023
Exports $3.61MWorld Rnk 11 / 131
Flag Rnk 763 / 1207
2023
Destination $214k Mexico
2022 - 2023
FASTEST GROWING MARKET $214kBenin
2023
Imports $971kWorld Rnk 54 / 205
Flag Rnk 1032 / 1200
2023
Origin $246k Madagascar
2022 - 2023
FASTEST GROWING ORIGIN $246kMadagascar
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $3.61M in Cloves, making it the 11th largest exporter of Cloves in the world. At the same year, Cloves was the 763rd most exported product in Brazil. The main destination of Cloves exports from Brazil are: Mexico ($689k), Dominican Republic ($568k), Colombia ($523k), Argentina ($315k), and Singapore ($279k).

The fastest growing export markets for Cloves of Brazil between 2022 and 2023 were Benin ($214k), United Arab Emirates ($183k), and Singapore ($126k).

Imports In 2023, Brazil imported $971k in Cloves, becoming the 54th largest importer of Cloves in the world. At the same year, Cloves was the 1032nd most imported product in Brazil. Brazil imports Cloves primarily from: Madagascar ($504k), Indonesia ($407k), Sri Lanka ($37.4k), Germany ($11.1k), and Netherlands ($6.83k).

The fastest growing import markets in Cloves for Brazil between 2022 and 2023 were Madagascar ($246k), Sri Lanka ($37.4k), and Germany ($5.66k).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Cloves exports accounted up to $816k and imports accounted up to $23.1k, resulting in a positive trade balance of $793k. Between December 2023 and December 2024 the exports of Brazil's   Cloves have increased by $684k (518%) from $132k to $816k, while imports decreased by $-131k (-85.1%) from $154k to $23.1k.

Destinations In December 2024, Cloves were exported mostly to Dominican Republic ($158k), Egypt ($146k), United States ($143k), United Arab Emirates ($143k), and Singapore ($139k), and were imported mostly from Indonesia ($23.1k).

Growth In December 2024, the increase in Cloves's year-by-year exports was explained primarily by an increase in exports to United States ($796 or 460%), Singapore ($91 or 66.9%), and Panama ($11 or 26.8%). In December 2024, the decrease in Cloves's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$684k(518%)
IMPORT GROWTH (October 2023 - December 2024)$-131k(-85.1%)
MAIN EXPORTER (December 2024)Bahia$734k
MAIN DESTINATION (December 2024)Dominican Republic$158k

This section shows Cloves's exports and imports data at subnational level for Brazil. 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)$3.61M
IMPORTS (2023)$971k
NET TRADE (2023)$2.64M

In 2023, Brazil exported $3.61M in Cloves. The main destinations of Brazil exports on Cloves were Mexico ($689k), Dominican Republic ($568k), Colombia ($523k), Argentina ($315k), and Singapore ($279k).

In 2023, Brazil imported $971k in Cloves, mainly from Madagascar ($504k), Indonesia ($407k), Sri Lanka ($37.4k), Germany ($11.1k), and Netherlands ($6.83k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Benin$214k (1%)
United Arab Emirates$183k (1%)
Singapore$126k (82.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Brazil WERE (2022 - 2023):
Colombia-$1.57M (-75%)
Mexico-$1.13M (-62.2%)
Ecuador-$757k (-88.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Cloves were:
Madagascar $339M
Indonesia $95M
Comoros $65.6M
In 2023, Brazil'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 POTENTIALUnited States+ $244k
TOP IMPORT POTENTIALMadagascar+ $225k

Cloves’s highest export potential is United States. With an export gap of $244k.   Cloves’s highest import potential is Madagascar with an import gap of $225k.

See methodology.

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