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2023
Exports $1.04MWorld Rnk 19 / 131
Flag Rnk 999 / 1212
2023
Destination $213k United States
2022 - 2023
FASTEST GROWING MARKET $213kUnited States
2023
Imports $3.74MWorld Rnk 26 / 205
Flag Rnk 1048 / 1211
2023
Origin $165k India
2022 - 2023
FASTEST GROWING ORIGIN $165kGermany
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $1.04M in Cloves, making it the 19th largest exporter of Cloves in the world. At the same year, Cloves was the 999th most exported product in Canada. The main destination of Cloves exports from Canada are: United States ($1.01M), Trinidad and Tobago ($32k), United Arab Emirates ($1.05k), Guyana ($815), and Ireland ($131).

The fastest growing export markets for Cloves of Canada between 2022 and 2023 were United States ($213k), Trinidad and Tobago ($10.1k), and United Arab Emirates ($1.05k).

Imports In 2023, Canada imported $3.74M in Cloves, becoming the 26th largest importer of Cloves in the world. At the same year, Cloves was the 1048th most imported product in Canada. Canada imports Cloves primarily from: India ($1.09M), Indonesia ($955k), Madagascar ($657k), Sri Lanka ($431k), and Germany ($196k).

The fastest growing import markets in Cloves for Canada between 2022 and 2023 were Germany ($165k), Sri Lanka ($123k), and Timor-Leste ($122k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Cloves exports accounted up to C$22 and imports accounted up to C$509k, resulting in a negative trade balance of C$509k. Between November 2018 and September 2024 the exports of Canada's   Cloves have decreased by C$-10 (-31.3%) from C$32 to C$22, while imports increased by C$48.1k (10.4%) from C$461k to C$509k.

Destinations In September 2024, Cloves were exported mostly to , and were imported mostly from India (C$213k), Indonesia (C$166k), Timor-Leste (C$84.1k), Madagascar (C$22.7k), and Sri Lanka (C$8.32k).

Growth In September 2024, the decrease in Cloves's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Cloves's year-by-year imports was explained primarily by an increase in imports from Indonesia (C$105k or 165%), Lebanon (C$1.43k or 15.6%), and Sri Lanka (C$920 or 4.04%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2018 - September 2024)C$-10(-31.3%)
IMPORT GROWTH (November 2023 - November 2024)C$48.1k(10.4%)
MAIN EXPORTER (September 2024)QuebecC$22
MAIN DESTINATION (September 2024)

This section shows Cloves's exports and imports data at subnational level for Canada. 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)$1.04M
IMPORTS (2023)$3.74M
NET TRADE (2023)-$2.7M

In 2023, Canada exported $1.04M in Cloves. The main destinations of Canada exports on Cloves were United States ($1.01M), Trinidad and Tobago ($32k), United Arab Emirates ($1.05k), Guyana ($815), and Ireland ($131).

In 2023, Canada imported $3.74M in Cloves, mainly from India ($1.09M), Indonesia ($955k), Madagascar ($657k), Sri Lanka ($431k), and Germany ($196k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$213k (26.8%)
Trinidad and Tobago$10.1k (45.8%)
United Arab Emirates$1.05k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Canada WERE (2022 - 2023):
United Kingdom-$1.32k (-100%)
Grenada-$347 (-100%)
Poland-$13 (-20.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Cloves were:
Madagascar $339M
Indonesia $95M
Comoros $65.6M
In 2023, Canada'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+ $171k
TOP IMPORT POTENTIALMadagascar+ $597k

Cloves’s highest export potential is United States. With an export gap of $171k.   Cloves’s highest import potential is Madagascar with an import gap of $597k.

See methodology.

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