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2018
Exports $2.4MWorld Rnk 13 / 131
Flag Rnk 1083 / 1214
2018
Destination $31.6k France
2021 - 2022
FASTEST GROWING MARKET $31.6kItaly
2018
Imports $3.25MWorld Rnk 26 / 206
Flag Rnk 1111 / 1214
2018
Origin $626k Madagascar
2021 - 2022
FASTEST GROWING ORIGIN $626kMadagascar
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2018, Spain exported $2.4M in Cloves, making it the 13th largest exporter of Cloves in the world. At the same year, Cloves was the 1083rd most exported product in Spain. The main destination of Cloves exports from Spain are: France ($776k), United States ($477k), United Kingdom ($277k), Nigeria ($114k), and Egypt ($114k).

The fastest growing export markets for Cloves of Spain between 2021 and 2022 were Italy ($31.6k), Netherlands ($27.6k), and France ($25.4k).

Imports In 2022, Spain imported $3.25M in Cloves, becoming the 26th largest importer of Cloves in the world. At the same year, Cloves was the 1111th most imported product in Spain. Spain imports Cloves primarily from: Madagascar ($1.1M), Netherlands ($976k), France ($348k), Indonesia ($216k), and Comoros ($175k).

The fastest growing import markets in Cloves for Spain between 2021 and 2022 were Madagascar ($626k), Netherlands ($250k), and Brazil ($40.8k).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Cloves exports accounted up to €241k and imports accounted up to €320k, resulting in a negative trade balance of €79k. Between August 2023 and August 2024 the exports of Spain's   Cloves have decreased by €-6.03k (-2.44%) from €247k to €241k, while imports increased by €287k (873%) from €32.9k to €320k.

Destinations In August 2024, Cloves were exported mostly to Nigeria (€95.7k), France (€60.3k), United Kingdom (€41.1k), Portugal (€9.4k), and Saudi Arabia (€9.02k), and were imported mostly from Madagascar (€144k), Netherlands (€83.2k), Tanzania (€83k), Indonesia (€5.75k), and Belgium (€3.22k).

Growth In August 2024, the decrease in Cloves's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-21.4k or -70.3%), Italy (€-15.1k or -79.2%), and France (€-12.3k or -16.7%). In August 2024, the increase in Cloves's year-by-year imports was explained primarily by an increase in imports from Italy (€28.6k or 2k%), Netherlands (€25.3k or 76.9%), and India (€15.9k or 2.49k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-6.03k(-2.44%)
IMPORT GROWTH (August 2023 - August 2024)€287k(873%)
MAIN EXPORTER (August 2024)Murcia€260k
MAIN DESTINATION (August 2024)Nigeria€95.7k

This section shows Cloves's exports and imports data at subnational level for Spain. 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)$2.4M
IMPORTS (2022)$3.25M
NET TRADE (2022)-$852k

In 2022, Spain exported $2.4M in Cloves. The main destinations of Spain exports on Cloves were France ($776k), United States ($477k), United Kingdom ($277k), Nigeria ($114k), and Egypt ($114k).

In 2022, Spain imported $3.25M in Cloves, mainly from Madagascar ($1.1M), Netherlands ($976k), France ($348k), Indonesia ($216k), and Comoros ($175k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$31.6k (58.7%)
Netherlands$27.6k (154%)
France$25.4k (3.38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Spain WERE (2021 - 2022):
Cayman Islands-$89.6k (-100%)
United Kingdom-$30.6k (-9.94%)
United States-$24.5k (-4.88%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Cloves were:
Madagascar $309M
Indonesia $62.6M
Tanzania $43.8M
In 2022, Spain'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 POTENTIALGermany+ $40.3k
TOP IMPORT POTENTIALMadagascar+ $380k

Cloves’s highest export potential is Germany. With an export gap of $40.3k.   Cloves’s highest import potential is Madagascar with an import gap of $380k.

See methodology.

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