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2022
Exports $818kWorld Rnk 22 / 131
Flag Rnk 1056 / 1210
2022
Destination $287k United States
2021 - 2022
FASTEST GROWING MARKET $287kUnited States
2022
Imports $3.29MWorld Rnk 24 / 206
Flag Rnk 1072 / 1213
2022
Origin $305k India
2021 - 2022
FASTEST GROWING ORIGIN $305kMadagascar
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $818k in Cloves, making it the 22nd largest exporter of Cloves in the world. At the same year, Cloves was the 1056th most exported product in Canada. The main destination of Cloves exports from Canada are: United States ($795k), Trinidad and Tobago ($22k), Grenada ($336), United Kingdom ($326), and Poland ($61).

The fastest growing export markets for Cloves of Canada between 2021 and 2022 were United States ($287k), Trinidad and Tobago ($22k), and Grenada ($336).

Imports In 2022, Canada imported $3.29M in Cloves, becoming the 24th largest importer of Cloves in the world. At the same year, Cloves was the 1072nd most imported product in Canada. Canada imports Cloves primarily from: India ($916k), Indonesia ($796k), United States ($742k), Madagascar ($392k), and Sri Lanka ($97.7k).

The fastest growing import markets in Cloves for Canada between 2021 and 2022 were Madagascar ($305k), United States ($239k), and India ($82.7k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Cloves exports accounted up to C$22 and imports accounted up to C$622k, resulting in a negative trade balance of C$622k. Between July 2018 and June 2024 the exports of Canada's   Cloves have decreased by C$-10 (-31.3%) from C$32 to C$22, while imports increased by C$399k (179%) from C$223k to C$622k.

Destinations In June 2024, Cloves were exported mostly to , and were imported mostly from Indonesia (C$224k), India (C$218k), Timor-Leste (C$118k), United Arab Emirates (C$26.7k), and Sri Lanka (C$19.7k).

Growth In June 2024, the decrease in Cloves's year-by-year exports was explained primarily by a decrease in exports to . In July 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 (July 2018 - June 2024)C$-10(-31.3%)
IMPORT GROWTH (July 2023 - July 2024)C$399k(179%)
MAIN EXPORTER (June 2024)QuebecC$22
MAIN DESTINATION (June 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 (2022)$818k
IMPORTS (2022)$3.29M
NET TRADE (2022)-$2.47M

In 2022, Canada exported $818k in Cloves. The main destinations of Canada exports on Cloves were United States ($795k), Trinidad and Tobago ($22k), Grenada ($336), United Kingdom ($326), and Poland ($61).

In 2022, Canada imported $3.29M in Cloves, mainly from India ($916k), Indonesia ($796k), United States ($742k), Madagascar ($392k), and Sri Lanka ($97.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$287k (56.4%)
Trinidad and Tobago$22k (1%)
Grenada$336 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Canada WERE (2021 - 2022):
Saint Vincent and the Grenadines-$3.7k (-100%)
Kenya-$335 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Cloves were:
Madagascar $309M
Indonesia $62.6M
Tanzania $43.8M
In 2022, Canada's main importing competitors in Cloves were:
Indonesia $143M
Singapore $109M
India $88.5M

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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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